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Kerala PSC Indian Economy Book Study Materials Page 41Book's First Page
2 2.1 CGrowth, h a pDevelopment t e r and Happiness Growth, Development anD happiness Since 1971, Bhutan has rejected GDP as the only way to measure progress—in its place, it has championed a new approach to development, which measures prosperity through formal principles of gross national happiness (GNH) and the spiritual, physical, social and environmental health of its citizens and natural environment. For decades, this belief that wellbeing should take preference over material growth has remained a global oddity. Now, in a world beset by collapsing financial systems, gross inequity and wide-scale environmental destruction, this tiny Buddhist state’s approach is attracting a lot of interest. In 2011, the UN adopted Bhutan’s call for a holistic approach to development, a move endorsed by 68 countries. A UN panel is now considering ways that Bhutan’s GNH model can be replicated across the globe.* In This Chapter... Introduction Economic Development Progress Happiness Economic Growth Insights into Human Behaviour * As Annie Kelly writes in The Guardian, Washington, DC, 1st December. 2012.