SUFFICIENCY ECONOMY PHILOSOPHY
After years of working with and for the people, His Majesty was all the more convinced that self-reliance and sustainable development was the only way for the country to achieve stability.
The concept of self-sufficiency had been touched upon in His Majesty’s speeches for the past 20 years, but it was only after the great economic meltdown in 1997 that the concept was properly formulated and promoted.