Comparison of Bhutan and Philippines

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Watching how the country Bhutan works its way on development is truly admirable. In times when almost everyone in the periphery is trying to move away from agriculture to reach industrialization, the approach that they are doing towards sustainable development and riding against the tides of modernization can easily put someone in awe. While most leaders in the periphery try to attract foreign investors to secure economic ground, the king of Bhutan committed to building an economy that would serve Bhutan's unique culture based on Buddhist spiritual values. Their economy is based on agriculture and forestry, which provides most of the jobs of their people. Agriculture consists largely of subsistence
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farming and animal husbandry, and many of the farmers use traditional methods of farming. While their agriculture is highly extensive, their industrial sector consists mainly of cottage type production. Their hydropower production and attraction to tourists also have great potentials in propelling their economy. Though many countries define themselves through their Gross National Product, the king of the country of Bhutan disagrees. He coins the term Gross National Happiness, which defines the quality of life in more holistic terms. While conventional ideas on development stresses the need for economic growth, gross national happiness defines development quite differently. GNH measures the ...

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