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Growth in a Buddhist Economy

In its quest for higher "gross national happiness," the Himalayan kingdom of Bhutan is posing a set of economic and social questions that are of pressing interest for the entire world. How to guide an economy to produce sustainable happiness – combining material well-being, environmental conservation, and psychological and cultural resiliency – needs to be addressed everywhere.

NEW YORK – I have just returned from Bhutan, the Himalayan kingdom of unmatched natural beauty, cultural richness, and inspiring self-reflection. From the kingdom’s uniqueness now arises a set of economic and social questions that are of pressing interest for the entire world.

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