Wednesday, October 5, 2016

Economic Development of Bhutan

·        Bhutan is a very unique and small country in the Himalayas with only on average about 700,000 citizens. The history of Bhutan is vague due to documents being lost. So it is difficult to compare Bhutan to other nations and colonization. However, Bhutan "is one of the only democratic (or constitutional) monarchies in the world" (kingdomofbhutan.com). Bhutan is also a Buddhist country and the lifestyles of the people generally follow the religious practices of Buddhism. Considering this, the country is mostly agricultural in nature, with industry only employing 11% of the people (data.un.org). Bhutan's main cash crops are fruits, vegetables, chilis and ginger, and mainly trades with India, Korea and China. Though Bhutan may not be the most impressive in terms of GDP or financial well being, it is an extremely impressive country when it comes to well-being and sustainability, in fact, ecotourism is the main industry in Bhutan. 
Bhutan has made many pledges for conservation of forest, biodiversity, pollution prevention, and "ecologically balance sustainable development" (blogs.state.gov). Additionally, Bhutan uses the measurement index of GNH (Gross National Happiness) instead of GDP which shows just how important happiness and well-being is for all. "When we say happiness, it's not just happiness of humans. It's happiness of the soil, happiness of the animals, happiness of all sentient beings" (thinkprogress.org).

Though information on Bhutan may be a bit more challenging to find, I am really excited to learn more about this inspirational country.

Sources:

http://kingdomofbhutan.com/kingdom/kingdom_3_.html
 http://blogs.state.gov/stories/2012/12/26/bhutan-conserving-natural-environment-and-biodiversity


Saturday, October 1, 2016

Development Metrics for Bhutan







I had trouble finding all of the indicators on World Bank for Bhutan. Therefore, I searched for most of them within Gapminder or other verified sources. Additionally, I found it important to add the GNH indicator because that is what Bhutan uses. It acknowledges that material well-being is important but also acknowledges the importance of well-being through many other variables such as: community, knowledge, spirituality and harmony with nature (grossnationalhappiness.com).

Here is a really great Ted Talk depicting how unique and special Bhutan is, in relation to it's economic mindset, well-being and environmentalism.


Table 1.  Common Demographic and Economic Development Indicators: Recent Data for Bhutan
Bhutan
Bhutan
Indicator:
Value:
Year:
Source:
GDP
1.962 billion
2015
World Bank
GDPPC, PPP
7983
2015 
Gapminder
HDI
.605
2014
UNDP Human Development Report
Life Expectancy
68
2015
Gapminder
Ratio of young literate females to males (% ages 15-24%)
85%
2005
Gapminder
New Born Mortality Rate (per 1000)
26
2007
Gapminder



Urban Population Growth (annual %)
4.4% 
2007
Gapminder
Urbanization Rate (% urban)
3.69%
2015
CIA.gov
      


Co2 Emissions (tonnes per person) .66 2015 Gapminder

GNH (Gross National Happiness)
.756 2015 Grossnationalhappiness.com


Below are some Gapminder and WorldBank charts that I found particularly interesting mostly related to environmental factors, excluding the GDP graph and the Life Expectancy graph.


Gapminder

Gapminder

World Bank

Gapminder