Whenever we talk about the nation’s growth…the only term that get importance is the GDP (Gross domestic product). But I doubt the GDP as a measure of nation’s well-being. Producing more goods and services alone cannot represent the growth of a nation.
Ultimately what does a nation dreamed of? I think, happy citizens!!!!And people know that material well-being and happiness do not goes hand in hand. While the rich are usually happier than the very poor; increase in material wealth alone does not necessarily lead to greater happiness.
Gross domestic happiness (GDH)!!!!!!!!!!!! An excellent concept brought by Bhutan’s former King Jigme Singye Wangchuck to indicate the nation’s well being…Most “serious” economists just laugh at this concept…but getting better insight into happiness– and its implication for social policy– is likely to come from re perceiving our world through a different lens…
Nobody can deny the fact that happiness is too much complicated to measure, what makes one man happy could make another miserable…But at the same time the another fact is that only happiness of the citizen can indicate the nation’s growth…Here happiness does not represent only something obvious like pleasure, wealth or honor but its equivalent to living well and acting well.
I feel our policy makers, our political, social and corporate leaders have to think beyond the decimal science of double digit growth…and need to ponder over GDH…
