The Meaning of Sufficiency Economy
International Conference
18-19 October 2011
Royal Orchid Sheraton Hotel, Bangkok Thailand
1. Introduction
On the Celebrations on the Auspicious Occasion of His Majesty the King's 7th Cycle Birthday Anniversary, 5th December 2011, Thailand's leading institutions (the National Assembly, King Prajadhipok's Institute, Thammasat University, Office of the National Economic and Social Development Board, Thailand Development Research Institute, Research and Development Institute of Sufficiency Economy Philosophy Foundation, and the Pridi Bhanomyong Institute) have joined together to hold an international conference on sufficiency economy, titled "The Meaning of Sufficiency Economy: Theory and Practice in Society, Economy and Business", to take place on 18-19 October 2011 at Royal Orchid Sheraton Hotel, Bangkok Thailand.
- Rationale
Since HM the King introduced the idea of 'sufficiency economy' in his birthday address in December 1997, the idea has gained currency among Thailand's political institutions, academics, and the wider public. The rapid circulation of sufficiency economy owed much to the experiences and disillusionment during the unfolding Asian economic crisis in the same year. However, the meaning of the philosophy remained unclear to many for years following the speech. Its features gradually took shape after the adoption of sufficiency economy as Thailand's national development paradigm. The UNDP Report on Thailand in 2007 aimed to outline the concept more clearly by citing the application of the philosophy in various societal sectors, namely the grassroots level, business, and the national economy. Sufficiency economy, taking form through the contributions of various institutions and academics, has seen a wide range of interpretations of its aim and origins, as well as different views about its application.
Today there is widespread agreement that sufficiency economy is meant as a development alternative based on an attitude towards life that encompasses three components: moderation, reasonableness, and self-immunity. Questions however remain, such as: What makes sufficiency economy different from other development alternatives, notably those that stress sustainability and empowerment of communities? Is it applicable by all the actors as are cited in the UNDP Report? To what extent can it be incorporated in a country firmly integrated in the globalized economy?
The conference aims to explore the state of research and practice of the sufficiency philosophy on various levels. Moreover, as initiatives such as the "Commission on the Measurement of Economic Performance and Social Progress" (since 2008) by the French government show, there is increasing awareness globally about a need for development indicators beyond GDP and about development goals beyond economic development. Thus, in order to further define the meaning of the sufficiency economy concept the conference encourages academics and development actors from relevant theoretical backgrounds to share their experiences and express their views on sufficiency economy. This will bring together different views and "sharpen the edges" of sufficiency economy vis-à-vis similar approaches.
- Venue
The international conference on Sufficiency Economy will be held Royal Orchid Sheraton Hotel, Bangkok Thailand, on 18th to 19th October 2011.
4. Working Language
The working language of the meeting is English. Interpretation into Thai will be provided only in plenary session.
5. Organized By
- The National Assembly
- King Prajadhipok's Institute
- Thammasat University
- Office of the National Economic and Social Development Board
- Thailand Development Research Institute
- Research and Development Institute of Sufficiency Economy Philosophy Foundation
- Pridi Bhanomyong Institute
6. Keynote Speakers:
Dr.Supachai Panitchpakdi
The Secretary-General of UNCTAD (United Nations Conference on Trade
and Development)
7. Conference Subthemes:
Group 1: Sufficiency Economy and Mainstream Economic Theory
- Sufficiency Economy and Sustainable Development
- The Economics of Enough – A Viable Alternative?
- Happiness and Alternative Development Indicators
Panelists:
- Dr. Peter Warr from Australian National University
- Dr. Peter H. Calkins from Chiangmai University
- Dr. Luigino Bruni from University of Milan-Bicocca, Italy
- Dr. Sauwalak Kittiprapas from International Research Associates for Happy Societies (IRAH)
Group 2: Sufficiency Economy and Grassroots Development
- Sufficiency Economy and Related Approaches on the Community Level
- Projects and Practices
- Bottom-up vs. Top-Down: The Question of Project OwnershipPanelists:
- Dr. Charles Keyes from University of Washington
-
Dr. Vandana Shiva, winner of the Right Livelihood Award
- Linda Nowakowski from Ubon Ratchathani University
- Juliana Essen from Soka University of America
- Dr. Sutee Suksudaj from Thammasat University
- Dr. Adis Israngkura from National Institute of Development Administration (NIDA)
- Dr. Marja-Leena Heikkila-Horn from Mahidol University
Group 3: Sufficiency Economy, Business and Ethics
- Sufficiency Economy: Beyond Corporate Social Responsibility?
- Entrepreneurship, Business Ethics, and Religion
Panelists:
- Dr.David Bubna-Litic from University of Technology, Sydney
- Michel Bauwens from P2P Foundation
- Teresa M. Ganzon from Bangko Kabayan
- Dr. Oranuch Pruetipibultham from National Institute of Development Administration (NIDA)
- Dr. Deunden Nikomborirak from Thailand Development Research Institute (TDRI)
Group 4: Sufficiency Economy, Education, Values and Alternatives to Globalization
- Buddhist Economics- Developing Self-Immunity: Deglobalization and Delinking (National Autonomous Development), and Community Economies
Panelists:
- Dr. Donald K. Swearer from Harvard Divinity School
- Dr. Wolfgang Hein from The GIGA German Institute of Global and
Area Studies
- Dr. Peter Daniels from Griffith University, Australia
The Meaning of Sufficiency Economy
International Conference
18-19 October 2011
Royal Orchid Sheraton Hotel, Bangkok Thailand
Schedule
October 18, 2011
08.30 – 09.00 Registration
09.00 – 09.15 Mr.Somsak Kiatsuranont , President of the National
Assembly of Thailand preside over opening ceremony
09.15 – 10.00 Opening Keynote address by Dr.Supachai Panitchpakdi
The Secretary-General of UNCTAD (United Nations
Conference on Trade and Development)
10.00 – 10.20 --- Coffee Break ---
10.20 – 12.30 Plenary Discussion on "Sufficiency Economy: Thailand's
point of view and experience" by
- Mr.Chalermkiat Sanvises*, Secretary-General The Royal
Development Projects Board
- Mr.Prayong Ronnarong, Ramon Magsaysay Award laureate
2004
- Prof. Dr.Apichai Puntasen, Economist and Director of
Rural and Social Management Institute
-
Mr.Karn Trakulhoon*, the President and CEO of Siam Cement
Group (SCG)
-
Dr. Anusorn Sangnimnuan , the President and CEO of
Bangchak Petroleum Plc
Moderator: Mr.Arkhom Termpittayapaisith, Secretary General
the National Economic and Social Development Board
12.30 – 13.30 --- Lunch Break ---
13.30 – 17.00 Group Discussion
Group 1 Sufficiency Economy and Mainstream Economic
Theory by
Chair:
- Dr.Peter Warr from Australian National University
Panelists:
- Dr.Peter H. Calkins from Chiangmai University
- Dr.Luigino Bruni from University of Milan-Bicocca, Italy
- Dr.Sauwalak Kittiprapas from International Research Associates for Happy Societies (IRAH)
Group 3 Sufficiency Economy and Business Ethics by
Chair:
- Dr.David Bubna-Litic from University of Technology, Sydney
Panelists:
- Michel Bauwens from P2P Foundation
- Teresa M. Ganzon from Bangko Kabayan
- Dr.Oranuch Pruetipibultham from National Institute of Development Administration (NIDA)
- Dr.Deunden Nikomborirak from Thailand Development Research Institute (TDRI)
October 19, 2011
08.45 – 09.00 Registration
09.00 – 12.00 Group Discussion
Group 2 Sufficiency Economy and Grassroots Development by
Chair:
- Dr. Charles Keyes from University of Washington
Panelists:
-
Dr. Vandana Shiva ,the winner from The Right Livelihood
Award
- Linda Nowakowski from Ubon Ratchathani University
- Juliana Essen from Soka University of America
- Dr. Sutee Suksudaj from Thammasat University
- Dr. Adis Israngkura from National Institute of Development Administration (NIDA)
- Dr. Marja-Leena Heikkila-Horn from Mahidol University
Group 4 Sufficiency Economy, Education, Values and
Alternatives to Globalization by
Chair:
- Dr. Donald K. Swearer from Harvard Divinity School
Panelists:
- Dr. Wolfgang Hein from The GIGA German Institute of
Global and Area Studies
- Dr. Peter Daniels from Griffith University, Australia
12.00 – 13.00 --- Lunch Break ---
13.00 – 15.00 Plenary Session: Discussion of group discussion results
Group 1 Dr.Peter Warr from Australian National University
Group 2 Dr. Charles Keyes from University of WashingtonGroup 3 Dr.David Bubna-Litic from University of Technology,
Sydney
Group 4 Dr. Donald K. Swearer from Harvard Divinity School
Moderator: Mr.Arkhom Termpittayapaisith, Secretary General
the National Economic and Social Development Board
15.00 – 15.15 Closing address
By Prof.Dr.Borwornsak Uwanno, Secretary GeneralKing Prajadhipok's Institute
* During the invitation process and waiting for acceptance
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