"Gross National Happiness, or GNH, evolved over centuries in Bhutan but was launched formally in 1972 as an economic alternative by then-King Jigme Singye Wangchuck. At the time, he was criticized for overseeing the stagnation of one of the world's smallest economies based mainly on agriculture and forestry. As a result, the former king shifted focus of development from productivity to human well-being in four areas: sustainable economic development, preservation and promotion of cultural values, conservation of the environment, and good governance. Since then, government policy in Bhutan has been guided by GNH principles in a succession of five-year plans"
January 1, 1970
https://en.wikiquote.org/wiki/Jigme_Singye_Wangchuck