Economic development Quote by Michael J. Fox
““Bhutanese believe that economic development should never come at the cost of their people’s happiness. Therefore, in every trade deal the government enters into (for example, the sale of hydroelectric power to neighboring India), culture is valued more than cash.””
About This Quote
Source Interview: Discussing Bhutan's development philosophy, date unknown
Bhutan prioritizes cultural happiness over monetary gain, even in lucrative trade deals.
In simple terms: Culture valued above money.
Key Takeaway
Consider happiness when evaluating progress.
Themes
culture
economics
happiness
Mood
thoughtful
optimistic
Type
philosophical
inspirational
When to use this quote
- Government negotiations
- development planning
- personal decision making
Key Concepts
Sustainable development
values-based policy
Questions to Reflect On
- How can nations protect culture while pursuing growth?
- What trade-offs are acceptable?
A Different Perspective
Balancing profit and wellbeing can be challenging in practice.
