Why Does Bhutan Measure Its Success by More Than Money?

Why Does Bhutan Measure Its Success by More Than Money?

Many countries measure national progress using economic indicators such as gross domestic product (GDP). Bhutan, a small Himalayan kingdom, is famous for promoting a different idea called Gross National Happiness. But what does this mean?

1. Happiness is part of its national development philosophy: Bhutan places importance on people’s well-being alongside economic growth.

2. It considers environmental protection: Nature conservation is an important part of its development approach.

3. It values cultural preservation: Bhutan places emphasis on maintaining its traditions and cultural identity.

4. Education matters: Access to education is considered an important part of national progress.

5. Health is included: The country’s approach recognises health and well-being as important development goals.

6. Good governance is part of the framework: Institutions and public decision-making are considered when evaluating progress.

7. Economic growth still matters: Bhutan does not ignore money or development. The idea is to balance economic progress with other aspects of life.

Final thoughts: Bhutan’s approach has attracted international attention because it challenges the idea that a country’s success should be measured by economic growth alone.

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Reported by oya.ng.

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