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The Fourth King of Bhutan, King Jigme Singye Wangchuck, (pic) conceptualised and coined the term GNH in 1972 and declared that “GNH is more important than GDP.”

IN the study of economics, most are familiar with the monetary aspect and place great importance on the gross domestic product or GDP of a nation. However, not everything is about money, income and wealth.

There is a particular index that measures happiness. This is known as the “happiness economics”.

Happiness economics is an actual study of the relationship between individual satisfaction and economics. It is conducted through a survey which asks participants to rank their level of happiness (on the scale of one to 10) on factors such as their countries’ political freedom, healthcare and education, among others.

Bhutan, one of the last Buddhist Kingdoms, is renowned for its landscape, monasteries and fortresses. Above all else, it is widely regarded as the “Happiest nation in the world”.

Much emphasis has been placed on the happiness of the population so much so that the gross national happiness (GNH), which is the philosophy that guides the government of Bhutan, is part of the country’s constitution enacted on July 18, 2008.

In fact, the Fourth King of Bhutan, King Jigme Singye Wangchuck, conceptualised and coined the term GNH in 1972 and declared that “GNH is more important than GDP.”

The United Nations General Assembly in 2011 most notably passed and adopted resolution 65/309, “Happiness: towards a holistic approach to development”, urging countries to follow the example of Bhutan to measure happiness and well-being.

In the following year, Bhutan’s Prime Minister Jigme Thinley and the Secretary-General of the UN Ban Ki-Moon convened the high level meeting “Well-being and Happiness: Defining a New Economic Paradigm” to encourage the spread of Bhutan’s GNH philosophy. This led to the eventual birth of the World Happiness Report.

Now in its 11th year, Scandinavian countries consistently fare very well in this area where they are often ranked in the top-10 happiest countries in the world.

Finland for one has done extremely well in this aspect when measured via the GNH index with an average score of 7.84 between 2018 and 2020. This was the fourth time in a row that Finland had topped the chart.

Iceland and Denmark came in at second and third place in the recent World Happiness Report 2021 by the United Nations Sustainable Development Solutions Network’s (SDSN), which studies over 149 countries in the world.

Malaysia was ranked the 81st happiest country in the latest report. The question is, with all that we have gone through in the past couple of years, would anyone agree we are considered a “moderately happy” nation?

A flood is definitely not the way to close a year already filled with hardship. Losing one’s home is the ultimate blow, as it is supposed to be one’s sanctuary.


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