ECONOMIC DEVELOPMENT MODEL BASED ON SUFFICIENCY ECONOMY PHILOSOPHY, BAN CHAN THUNG, TAMBOL NAM OM, AMPHOE KHO WANG, YASOTHON PROVINCE

Abstract

This is a mix-method research where qualitative and quantitative methods are undertaken. The objectives are to 1) study the life-style behavior based on sufficiency economy philosophy of people living in Ban Chan Thung, Tambol Nam Om, Amphoe Kho Wang, Yasothon Province, 2) study the way of economic development based on sufficiency economy philosophy of people living in Ban Chan Thung, Tambol Nam Om, Amphoe Kho Wang, Yasothon Province. For the qualitative research, the in-depth interview is conducted with officers at the local organization, community leaders, governmental officers, local politicians, and academicians. Meanwhile, by using Yamane’s formula, the quantitative research method utilizes a sample size of 400 individuals who live the field of study. The statistical descriptive data is used to reveal an appropriate development model based on sufficiency economy philosophy, Kho Wang District, Yasothon Province.
The results indicated that the people living in Ban Chan Thung, Nam Om Sub-district, Kho Wang District, Yasothon Province lead their life on sufficiency economy philosophy. There is a 85 percent of the people who have participated in the sufficiency economy philosophy training program with the provincial network. Most of them have been supported from the community leaders, officers, as well as educators to participate into the economic development program based on sufficiency economy philosophy, Ban Chan Thung, Tambol Nam Om, Amphoe Kho Wang, Yasothon Province, such as organizing a seminar, publicizing and studying at a sufficiency economy philosophy learning center, and joining a training program in the community supported by public and private units. People living in Kho Wang District have a knowledge and understanding toward sufficiency economy philosophy at the high level. Each family uses the knowledge on sufficiency economy philosophy obtained from the training and put it into practice. For instance, there are an arrangement of income and expenditure statement, reduction of expenses and increase the earnings, and a special attention on savings for the future. The research results help the people to profoundly understand the way of life based on sufficiency economy philosophy in which it leads to economic development, network building, and establishment of a prototype learning center supported by public and private sectors.