An indispensable reference to the development of the Chinese economy—past, present, and future.—DALE W. JORGENSON, Samuel W. Morris University Professor, Harvard University Since China undertook economic reform and opened its economy to the world in the late 1970s, its economy has been growing at an average annual rate of over 9 percent for more than four decades. No other economy in recorded history has grown at such a high rate and for such a long period as China has done. The questions that naturally arise are: Was the Chinese economy a miracle? Or was it a mere bubble? Will the Chinese economy begin to stagnate like the Japanese economy did in the 1990s, and perhaps decline? Will it be able to escape the “middle-income trap”? If it is not a miracle, can the Chinese development experience be replicated elsewhere? This book provides a comprehensive and detailed discussion of the remarkable growth of the Chinese economy over the past decades, by scrutinising the sources of e
The GNH ideology of Bhutan acts as a catalyst for happiness, challenging the dominant paradigm of economic development as the sole metric of progress and prompting individuals to reassess the true essence of happiness in life. It calls upon governments to integrate happiness into policy planning. We believe that Bhutan's Gross National Happiness concept is not only relevant to Bhutan but also serves as an important reference for every country and the entire world to pursue happiness and well-being.Moving ahead, there is anticipation that alongside national happiness indices, a collective "Gross Earth Happiness" index could emerge, enhancing the overall well-being of humanity and nurturing a more harmonious cosmic civilization within the galaxy!不丹的GNH思想,宛如幸福的火種,改變人類以經濟為發展單一量尺的價值觀,啟發人們重新省思生命的幸福,促使政府將幸福納入政策規劃。我們認為不丹的國家幸福力思想,不只針對不丹,更能作為世界上的每一個國家及全體地球創發幸福的重要參考。期待在未來,除了各國的幸福力,更能成全地球加總的「地球幸福力」,形成整體文明的幸福指數,在銀河中創造更美好的宇宙文明!