From the busy subways of New York City to the wolves of Wall Street, more people are seeing the many benefits of the ancient practice of meditation as the modern world gets busier and more chaotic. The truth of this is even clearer, especially in predominantly Buddhist countries like Thailand. The county’s central bank governor turned to a daily meditation practice to help him cope with the many hardships of his office.
Veerathai Santiprabhob had a lot on his plate to keep Thailand’s economy stable despite political and economic turmoil from overseas and within their shores. But he shared that his meditation habit enabled him to remain balanced and level headed to make the big decisions that kept the Bank of Thailand’s rates unchanged for 18 months even in the midst of a struggling economy from military rule.
In a feature in Bloomberg, Santiprabhob said that meditation is not only a habit for him, it is a way of life. Being a devout Buddhist, it has become second nature for him to meditate for half an hour every single day – and even longer on weekends. He said that the practice helps him to navigate the complex world of banking and economics and keep afloat even when they are hit with the ripples of polical and social upheavals happening in other countries, and the death of their own beloved king October 2016.
“When the party gets going, you have to take the punch bowl away – you have to do the things people might not like because you take a different time horizon. [Meditation gives] you strength to do what you think is needed to be done,” he said.
At 46 years old, the Harvard educated economist is the youngest governor of the Bank of Thailand since he took office in October 2015.
Just like his spiritual beliefs maintain moderation and stability in life through meditation, he said he wants the same for Thailand’s economy.
“The concept of Buddhism that I practice, and I have very much benefited from, is one of moderation,” he shared.