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What is Happiness Nowadaysmanypeople in society believe that happiness is link to the economyand their living conditionsThey feel happy when theyhave the power incontrolling ahigh living standard status and wealth However if a persondoesnt have enough money to earn a living is it meaning that he or she isnt happy Does happiness really links to money andwealth such as gross domestic profit GDP and gross national product GNPHappiness is defined as the degree to which a person enjoys his or herlife-as-a-whole Ruut Veenhoven 2004According to the world map of happiness in 2006 Bhutan a developing country in South Asiahas ahigh rankingin gross national happiness GNH index of 8 meaningthat most of the residences are satisfied with their life Adrian White 2006 buton the other hand with a fair or even lower GDP value compared to other developed countries such as the UKThisarticleis todiscussthedevelopments in Bhutan and compare the situations in different countries with GNH and GDPAbstractTheidea of GNHin Bhutanwas introduced by His Majesty King Jigme Singye Wangchuck in the late 1980sAccordinglyGross National Happiness is defined as thedegree to which citizens in a country enjoy the life they live Individualhappiness can be measured by self-report on a single standard questionHence Gross National Happiness can be measured by the average responseto such questions in general populations surveys Ruut Veenhoven 2004 On the other way round GDP is the monetary market value of all final goods and services produced in a country over a period of a year The real GDP per capita corrected for inflation is generally used as the core indicator in judging the position of the economy of a country over time or relative to that of other countries Bergh Jeroen 2009 Besides GNP is the primary indicator of social well-being in Western nationsFrank Dixon 2006As Mankiw and Shapiro write GNP is probably the most closely watched economic series Almost all observerseconomists policy makers and the pressconsider it the primary measure of the health of
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