December 25, 2024

Bhutan’s “Gross National Happiness” governing philosophy has been praised around the world for striking a balance between economic growth and the well-being of its citizens.

But recent discussions”Gross National Happiness 2.0“Newly elected Prime Minister Tshering Tobgay says some level of change is taking place – as Tobgay puts it – as the country battles the economic crisis.”on the verge of collapse”.

As we all know, GNH has been a guiding principle in Bhutan since it was proposed by former King Jigme Singye Wangchuck in the early 1970s.

But youth unemployment is close to 30% About one in eight people live in povertyhas Bhutan reached a point where it must change its pursuit of national happiness?

“Yes and no,” Togai said in an interview with CNBC on May 10, “Yes, because we have to develop the economy.”

Has the economic crisis led Bhutan to rethink Gross National Happiness?  PM says: 'Yes and no'

But he added that the principles of GNH would not be abandoned.

“Should we throw caution to the wind? No. We can grow, and we can grow in a balanced way.”

Find a new balance

He said Bhutan will continue to strengthen its economy in a manner that is sustainable, equitable and “balanced with social progress, environmental protection, cultural preservation and good governance”.

“We’ve had success in these areas that no one could have imagined,” he said.

We failed financially.

Tserin Togai

Prime Minister of Bhutan

But he also said the principles applied in the past may have been too one-sided.

“We’ve been very cautious, very conservative, so we’ve fallen behind,” he said. “We failed financially.”

Togai also said that Bhutan is also cautious in terms of tourism.

“As far as tourism is concerned, we’ve been very cautious in opening up to the rest of the world,” Togai told CNBC. “We’ve been very conservative, very cautious.”

He added that if Bhutan made a mistake, it was for the sake of sustainable development and conservation.

“We are now paying the price for caution.”

Redouble commitment to sustainable tourism

About The Author

Leave a Reply

Your email address will not be published. Required fields are marked *