The purpose of this project is to take a closer look at Bhutan and Japan's experiences and outlook in terms of subjective wellbeing and economic growth. While the two countries contrast in many respects, in particular with respect to geography and the stage of economic development, they also share common features. Both are largely Buddhist countries, and both can be said to be at a critical stage in their socio-economic development, although in quite different ways. While Japan must find a way to overcome a decade of economic crisis and to cope with the requirements of post-modern development, Bhutan must find an answer to the questions of how to deal with the changes triggered by its fairly recent modernization policy and how to position i...