SUFFICIENCY ECONOMY AS AN ALTER-GLOBALIST DEVELOPMENT CONCEPT: TOPICALITY FACTORS AND CONDITIONS NEEDED FOR INTRODUCTION

  • Denis Ushakov Suan Sunandha Rajabhat University
  • Mohamed Darma Khairiree Suan Sunandha Rajabhat University, Bangkok
Keywords: globalization; sufficiency economy; transnationalization; capitalism; world economy; public regulation; Thailand

Abstract

The article analyzes the key bottlenecks and problems of globalization as a social progress concept along with the accompanying social and economic problems provoked by liberalization. The potential of sufficiency economy is analyzed as an alternative to the globalist approach. Potential prospects of sufficient economy principles’ implementation are assessed. These principles have been suggested by His Majesty King of Thailand Bhumipol Adulyadej as the key values and strategic guidelines for nation’s development. The related conditions and requirements for their implementation in the economic policies of todays’ governments worldwide are discussed.

Author Biographies

Denis Ushakov, Suan Sunandha Rajabhat University

Doctor of economy (macroeconomic) from Russia’ Academy of entrepreneurship, Moscow, Russia (since 2009), academic title of Professor (Russia) and Assistant Professor (Thailand). 

International College Suan Sunandha Rajabhat University, Bangkok.

Member of Russian Academy of Natural Science, International Association of organizational innovations. His scientific interests include economy of tourism: theory of tourism market's function, modern trends of development, corporative management; multinational corporation in service's production: organization, strategic management, global competitive resources; government regulation of the service's market; innovative modernization in economical Government's regulation, production's organization. He published more than 60 research papers in federal Russian scientific magazines; 55 research papers in International journals; participated in 42 scientific conferences; prepared 10 training manuals for students of the service professions

Mohamed Darma Khairiree, Suan Sunandha Rajabhat University, Bangkok

MBA.

International College Suan Sunandha Rajabhat University, Bangkok. 

Research interests include – integration process in South-East Asia, educational issues of national competitiveness, development of professional methods for entrepreneur skills development.

Published
2016-11-23
How to Cite
Ushakov, D., & Khairiree, M. D. (2016). SUFFICIENCY ECONOMY AS AN ALTER-GLOBALIST DEVELOPMENT CONCEPT: TOPICALITY FACTORS AND CONDITIONS NEEDED FOR INTRODUCTION. The EUrASEANs: Journal on Global Socio-Economic Dynamics, (1(1), 07-20. Retrieved from https://euraseans.com/index.php/journal/article/view/4