HM the King's ''Sufficiency Economy'' theory has been applied to several of his initiatives, and has consequently improved itself to dynamic proportions. In present day Thailand, this ideology is widely recognized and is a development concept that places emphasis on the balance between values relating to moderation, reason, and immunity to bad influences. The execution of the theory and consequent advancement also requires knowledge and a sense of morality. The underlying implication of ''Sufficiency Economy'' is that it applies not only to livelihood, but also to living a moderate life.