Extracts from today’s The Nation:

Kosit outlines idea of sufficiency economy

Deputy Prime Minister and Industry Minister Kosit Panpiemras said the interim government would ensure the public participation and social harmony in its economic policy to avoid the mistake done by the previous government.

…My idea of sufficiency economy which means that we would like to add quality in to the development process. In short, the application of sufficiency economy can mean different things to different people to different sectors of the economy. It’s the same objective that makes development more sustainable and add the better stronger risk management and add more importance to things like governance and quality of life, those kind of things will be introduced.

Well that’s clear now!