Microfinance in the Improvement of Living Standard and GNH

Bandyopadhyay, Saugata

In: Towards Global Transformation: Proceedings of the Third International Conference on Gross National Happiness. The Centre for Bhutan Studies, Thimphu 2008, pp. 248-271 . ISBN 99936-14-42-4

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This paper mainly aims to extend the philosophy of capability development at the micro level for achieving individual happiness as a part of a community through social transformation and to achieve happiness at individual and community level. One of the main indicators for Gross National Happiness is living standard, and this paper will examine briefly the role of microfinance in India, Bhutan, Bangladesh, Nepal, and Pakistan in transforming the lives and social behaviour of the poor people of this part of the world. This paper will try to establish the strong linkage between microfinance and capability building through the process of social transformation by improvement of living standard for arriving at Gross National Happiness.

Document type: Book Section
Version: Secondary publication
Date Deposited: 26 April 2010
ISBN: 99936-14-42-4
Faculties / Institutes: Miscellaneous > Individual person
DDC-classification: Economics
Controlled Subjects: Südasien, Mikrofinanzierung, Bruttonationalglück
Uncontrolled Keywords: Lebensstandard , Fähigkeitsentwicklung, South Asia , Micro Finance , Gross National Happiness , Capability Development
Subject (classification): Economics
Countries/Regions: Pakistan
Additional Information: Also available at http://www.bhutanstudies.org.bt/