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Met The Criteria.pdf

WP_20_04 Bhutan Graduation_Potential implications and policy imparatives.pdf
Preview of met the criteria
🔗 Source: unescap.org
📊 Size: 1.35 MB
👤 Author: Emran Hasan
⬇️ Downloads: 311

Summary

Bhutan, a least developed country, has demonstrated strong economic growth and poverty reduction over the past two decades, despite facing challenges such as mountainous topography and natural disasters. The country has met the criteria for graduation from the LDC group and is set to graduate in 2023. However, this transition may involve the loss of certain trade preferences and international support measures. Bhutan's dependence on trade with India is governed by a bilateral trade agreement, and overseas development assistance, although important, has decreased in significance. The country has embraced a proactive policy stance for graduation, combining its development plan with Sustainable Development Goals (SDGs) and Gross National Happiness (GNH) indicators. Bhutan has potential for developing supply-side capacities and generating employment opportunities, but faces challenges such as lack of investment, infrastructure deficit, and poor connectivity. Diversification of economic activities is a priority, with a focus on developing the private sector.

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Description

Bhutan, a least developed country, has demonstrated strong economic growth and poverty reduction over the past two decades, despite facing challenges such as...

Technical Information

  • File Format: PDF
  • File Size: 1.35 MB
  • Pages: 55
  • Language: EN
  • Author: Emran Hasan
  • Total Downloads: 311
  • Last Updated: 1 week ago

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