A reenvisioned agricultural system in Thailand: The growth in human capital experienced by agriculturalists after adoption of the sufficiency economic philosophy
Keywords:agricultural development, human capital, sustainability, Thailand
Investments in human capital have been shown to positively influence the development of the agricultural industry in regions across the globe. After the Asian Financial Crisis of 1997, therefore, Thailand’s King Bhumibol Adulyadej (The King) adopted the Sufficiency Economic Philosophy (SEP) that empowered the country through critical investments in human capital, which led to a transformation of its agricultural system. In this case study, we examined Thai agricultural leaders’ reflections on the role of SEP in catalyzing such changes. Findings from this investigation emerged in the form of two investments that Thailand made in human capital through the SEP: (1) education, and (2) the establishment of the Royal Projects. Three outcomes also emerged that represent how growth was experienced in the nation’s agricultural system as a result of such investments: (1) individual development, (2) economic development, and (3) societal development. As a result, this investigation’s findings could help extension professionals diffuse agricultural innovations in ways that align better with the unique values of Thailand while also helping to improve the production of agricultural commodities.
Barua, P., & Tejativaddhana, P. (2019). Impact of application of Sufficiency Economy Philosophy on the well‐being of Thai population: A systematic review and meta‐analysis of relevant studies. Journal of Population and Social Studies, 27(3), 195–219. https://doi.org/10.25133/JPSSv27n3.0013
Bowles, S., & Gintis, H. (1976). Schooling in capitalist America. Basic.
Essen, J. (2010). Sufficiency economy and santi asoke: Buddhist economic ethics for a just and sustainable world. Journal of Buddhist Ethics, 17, 71–99. http://enlight.lib.ntu.edu.tw/FULLTEXT/JR-MAG/mag386252.pdf
Farnham, D. (2017). The changing faces of employment relations: Global, comparative and theoretical perspectives. Palgrave Macmillan Education.
Kansuntisukmongkol, K. (2017). Philosophy of sufficiency economy for community-based adaptation to climate change: Lessons learned from Thai case studies. Kasetsart Journal of Social Sciences, 38(1), 56–61. 1 https://doi.org/10.1016/j.kjss.2016.03.002
Kühn, S. (2019). Global employment and social trends. World Employment and Social Outlook, 2019(1), 5-24. https://doi.org/10.1002/wow3.150
Lauridsen, L. S. (1998). The financial crisis in Thailand: Causes, conduct and consequences? World Development, 26(8), 1575–1591. https://doi.org/10.1016/s0305-750x(98)00069-2
Lincoln, Y. S., & Guba, E. G. (1985). Naturalistic inquiry. Sage.
Mongsawad, P. (2010). The philosophy of the sufficiency economy: A contribution to the theory of development. Asia-Pacific Development Journal, 17(1), 123–143. https://doi.org/10.18356/02bd5fb3-en
Piboolsravut, P. (2004). Sufficiency economy. Asian Economic Bulletin, 21(1), 127–134. https://doi.org/10.1355/ae21-1h
Pigg, J., Richardson, M. A., Roberts, R., & Stair, K. S. (2020). Awakening transformative learning: A comparison of the dissonance experienced by agriculture majors during study abroad courses to Costa Rica and Thailand. Journal of International Agricultural and Extension Education, 27(3), 132-147. https://doi.org/10.5191/jiaee.2020.273132
Roberts, R., & Edwards, M. C. (2017). Challenges to sustaining university-community partnerships in war-torn, northern Uganda: Investigating resistance, negative stereotyping, and gender bias in agricultural students’ attachments. Journal of International Agricultural and Extension Education, 24(2), 4-21. https://doi.org/10.5191/jiaee.2017.24201
Roy, J. D., Lake, J. N., Gray, L. C., & Frost, T. W. (2005). Educational and social development in Doi Ang Khang: A comparative study of the Khob Dong and Nor Lae Villages. https://digitalcommons.wpi.edu/iqp-all/2474
Saldaña, J. (2015). The coding manual for qualitative researcher (3rd ed.). Sage.
Patton, M. (2002). Qualitative research and evaluation methods (3rd ed.). Sage.
Schultz, T. (1961). Investments in human capital. The American Economic Review, 51(1), 1–17. https://core.ac.uk/reader/6590790
Smith, E. (2010). Sector-specific human capital and the distribution of earnings. Journal of Human Capital, 4(1), 35–61. https://doi.org/10.1086/655467
Stake, R. E. (1995). The art of case study research. Sage.
United Nations Development Programme. (2007). Thailand human development report, 2007: Sufficiency economy and human development. http://hdr.undp.org/sites/default/files/thailand_2007_en.pdf
Wibulswasdi, C., Piboolsravut, P., & Pootrakool, K. (2012). Sufficiency economy philosophy and
development. Sufficiency Economy Research Project, Bureau of the Crown Property.