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Development Philosophy of Bhutan

Economists all over the world have argued that the key to happiness is obtaining and..enjoying... material development..Bhutan however, adheres to a very different belief and.advocates that... amassing material wealth does not necessarily lead to happiness. Bhutan is.now trying to.measure... progress not by the popular idea of Gross Domestic Product but through Gross National... Happiness.
While conventional development models stressed on economic growth as the ultimate.objective,... the.concept of Gross National Happiness is based on the premise that true development of human... society takes place when material and spiritual development occur side by side to complement and... reinforce each other.