OECD Catches Up with Bhutan

The 34-member nation Organization for Economic Cooperation and Development has taken a page from the book of the isolated Himalayan kingdom of Bhutan and issued a comprehensive set of guidelines for measuring subjective well-being. The 265-page document, designed to provide advice for statisticians and researchers on how to measure how individuals evaluate and experience their lives, doesn't mention Bhutan, whose previous king, Jigme Singye Wangchuck, the fourth Dragon King, came up with the idea of a Gross National Happiness Index in 1972 to measure social, economic and political change in his remote country instead of the more common Gross Domestic Product.

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