Challenges of external debts for Bhutan
Despite its small size and limited resources, Bhutan has made significant progress in several key development indicators, including health, poverty reduction, education, and environmental protection, while social inequality and regional disparities are being addressed. However, the country is facing new challenges, including rising external debt levels, which threaten to...
Bhutan’s Employment Conundrum: Challenges and Opportunities
Source: The Bhutan Journal ABSTRACT Increasing unemployment, absence of government action in job creation, small market and lack of entrepreneurial opportunities are troubling the Bhutanese population, especially youths, in recent years. The young and educated population is looking for greener pastures overseas and the economy is surprisingly becoming remittance...
LDC Graduation: Opportunities and Challenges for Bhutan
Source: The Bhutan Journal ABSTRACT Bhutan is graduating from Least Developing Country (LDC) status in 2023. It was granted LDC status in 1971. Bhutan has maintained fair political stability, consistent economic growth, and improved social indicators in the last few decades. However, Bhutan’s graduation comes amid the worst economic...
COVID19 – fighting at best, prepare for worst
We are fighting with the deadliest disease of this century with fullest hope that controlling the disease will return our life to normalcy. That’s not a future that we are likely to face at the end of this pandemic. The biggest pandemic is yet to begin – the economic...
Climate Change Impact in Bhutan
Source: The Bhutan Journal Abstract The Himalayas is serious victim of climate change. The consequences of the change will be the hardest for the people there. The residents in the downstream will be no less affected. And melting ice and decreasing ice reserves indicate a disastrous future for those...
What awaits us in next decade
We are closer to crossing the quarter of this century. The technological advancement of this century has been outside imagination while politics has grown to be divisive and regional. Globalisation was the tune of the time while democracies and liberalisation flourished well. Reflecting those impressive development in two decades,...