University embraces ancient wisdom in its SDG programmes
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Sufficiency economics draws heavily on Buddhist principles. Image: iStock
University embraces ancient wisdom in its SDG programmes
Kalinga Seneviratne - 04 December 2022
A higher education institution in Bangkok has adopted a uniquely Thai approach to teaching development economics and environmental management based on concepts derived from Buddhist philosophy and introduced by the late King Bhumibhol Adulyadej.
Often known as the ‘development king’ during his 70-year reign, which ended with his death in 2016, King Bhumibhol presided over some 4,000 development projects initiated by the monarchy throughout the kingdom. As the 21st century dawned, his development strategy known as Sufficiency Economy Philosophy (SEP) became the hallmark of sustainable development efforts in the country.
SEP uses knowledge drawn mainly from Buddhist teachings but is applicable in a secular setting. Under this philosophy, sustainable development can be achieved only when there is economic, social, environmental and cultural balance.
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