Tag: biodiversity
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Economic Case Study Analysis: Bhutan’s Gross National Happiness Approach
Bhutan, a small Himalayan kingdom nation, is renowned for its distinctive approach to economic development, which prioritizes Gross National Happiness (GNH) over traditional measures like Gross Domestic Product (GDP). This case study explores how Bhutan’s model integrates sustainable development principles into its economic policies, emphasizing environmental conservation, cultural preservation, and social welfare. Sustainable Development Characteristics…