pankaj - CONGLOMERATIVE RADAR OF HAPPINESS IN BHUTAN...

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Unformatted text preview: CONGLOMERATIVE RADAR OF HAPPINESS IN BHUTAN Prabhat K Pankaj,IILM Graduate School of Business, 16 Knowledge Park, Greater Noida, NCR, New Delhi, INDIA, [email protected] Theme: Social Transformation Research domain: Standard of Living ABSTRACT This paper investigates empirically some of the critical aspects of well-being, primarily constituting the standard of living in Bhutan, using conglomerative radar perspective and econometric technique. The analysis is based on district level data for Bhutan, pertaining to the year 2005, taken from recently concluded standard of living survey and census enumeration in the country. The study concludes that at a disaggregate level, conglomerate of well-being enhancing indicators are important as they tend to contribute to the happiness of individual as well as society. Beyond this level, it is the lifetime satisfaction which is important for happiness. The study suggests focusing on domain satisfaction indicators for poor performing districts in Bhutan. INTRODUCTION The UNDP human development framework emphasized on the recognition of broad based consensus on the three critical dimensions of well-being [25]. These dimensions of well-being are related to: • Longevity • Education • Command over Resources Longevity is about the ability to live long and healthy life. Education is the ability to read, write and acquire knowledge. Command over resources is the ability to enjoy a decent standard of living and have a socially meaningful life. These three critical elements of well-being facilitate effective empowerment and bring about a social, economic and political inclusion of the marginalized segments of the mainstream society. While much has been established to enhance our understanding about significance of longevity and education on well-being research, relatively less has been spoken on the significance of command over resources. However, domain satisfaction research seems to have focused on some of the aspects of command over resources. Individuals command over resources determines sustenance, attainments on aspects of well-being and the opportunity that these attainments facilitate. It can also be pointed out that ensuring command over resources and amenities alone is not sufficient for lifetime satisfaction. Happiness is derived both from domain satisfaction as well as lifetime satisfaction. Both are necessary and initially they tend to reinforce each other. However, the researchable question raised here is: To what extent improvements in dimensions of well-being ensures happiness? The conglomerative perspective provides an effective and well-established way of understanding the dynamics and reinforcement of critical elements of well-being and thereby happiness of people and society. The conglomerative perspective looks at the advances made by the society as a whole. Contrary to this, the deprivational perspective captures the status of the deprived in a society. Both the approaches are essential to understand the societal well-being. While the first society....
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This note was uploaded on 10/24/2011 for the course UNIV 2201 taught by Professor Staff during the Fall '08 term at UGA.

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pankaj - CONGLOMERATIVE RADAR OF HAPPINESS IN BHUTAN...

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