Buddhism and economic Development in the epidemic situation (Covid-19)

Abstract

This article aims to present five principles of Buddhist teaching that can help strengthen and develop the economy, namely 1) higher income and standard of living 2) better income distribution 3) having 4) Conservation of natural resources and 5) control of toxic pollution. To lead to quality and sustainable economic and social development based on the philosophy of sufficiency economics, it is combined with the principle. Applied to Economic Development the departure of the individual is significant. As the average real income of the population increases, so does the economic well-being of the population under free competition.