Category: Economy

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...

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...

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,...

Economy & Climate Change

While world leaders kept arguing over climate change in UN over the week, the new generation took to the street across the globe demanding action from the governments and the leaders to save their future. Scientific reports that have come from several UN bodies and independent research organisations have...

Rate cut, economy and growth

The latest consecutive two interest rate cuts in Australia does not necessarily project a gloomy future of the world economy and of Australia itself. It’s not just in Australia. Since the global financial crisis, central banks around the world have cut interest rates 716 times and purchased $1.25 trillions...

US-China trade war: a layman look

The US-China trade war is an illusion, not the reality. It is reality because the ripples of its impacts are felt across. It is the finest manifestation of the illusion of reality that we have observed in several decades. The situation is likely to worsen further not because of...