Home

    About

    Open Access Repository

    SearchBrowse by ThemeBrowse by AuthorBrowse by TypeMost Popular Titles

    Other Resources

    Curators

    Events

    Contributing Think Tanks

    Networks

    Using Content

    FAQs

    Terms of Use

    13,800+ curated items from top Think Tanks.
    JavaScript is disabled for your browser. Some features of this site may not work without it.

    Home

    About

    Open Access Repository

    SearchBrowse by ThemeBrowse by AuthorBrowse by TypeMost Popular Titles

    Other Resources

    Curators

    Events

    Contributing Think Tanks

    Networks

    Using Content

    FAQs

    Terms of Use

    Asian Development Bank and Bhutan: Fact Sheet

    Asian Development Bank | April 2009
    Abstract
    Updated yearly, this ADB Fact Sheet provides social and economic indicators on the Bhutan as well as concise information on ADB's operations in the country and contact information. Although Bhutan ended its self-imposed isolation in the 1960s, fundamental development activities date back only about 20 years. Nonetheless, it has embarked on a far-reaching development strategy aimed at boosting what it calls Gross National Happiness—a holistic concept combining material well-being with an individual’s spiritual, emotional, and cultural well-being. Despite steady progress, Bhutan remains a poor country, with 23.2% of the population living below the national poverty line in 2007. Inequality is high, with the top quintile consuming eight times more than the lowest quintile. At the same time, the economic base remains narrow, with hydropower accounting for some 12% of gross domestic product (GDP) and 45% of national revenues. Hydropower and its related industries have low employment elasticity, leaving the labor market unlikely to be able to absorb the 50,000 youth and 20,000 rural migrants expected to enter the workforce by 2008. The Government aims to diversify the economic base by enabling greater private sector participation in development—a central pillar of its growth, employment generation, and poverty reduction strategy.
    Citation
    Asian Development Bank. 2009. Asian Development Bank and Bhutan: Fact Sheet. © Asian Development Bank. http://hdl.handle.net/11540/5766.
    Keywords
    Alleviating Poverty
    Anti-Poverty
    Extreme Poverty
    Fight Against Poverty
    Global Poverty
    Health Aspects Of Poverty
    Indicators Of Poverty
    Participatory Poverty Assessment
    Poverty Eradication
    Poverty Analysis
    Poverty In Developing Countries
    Poverty Reduction Efforts
    Urban Poverty
    Public Financial Management
    Financial System
    Financial Statistics
    Development Indicators
    Environmental Indicators
    Economic Indicators
    Educational Indicators
    Demographic Indicators
    Health Indicators
    Disadvantaged Groups
    Low Income Groups
    Socially Disadvantaged Children
    Rural Conditions
    Rural Development
    Social Conditions
    Urban Development
    Urban Sociology
    Pension Funds
    Mutual Funds
    Social Equity
    Financial Aspects
    Fiscal Policy
    Poor
    Economic forecasting
    Health expectancy
    Social groups
    Political participation
    Distribution of income
    Inequality of income
    Developing countries
    Rural community development
    Mass society
    Social change
    Social policy
    Social stability
    Population
    Sustainable development
    Peasantry
    Urban policy
    Urban renewal
    Pension plans
    Individual retirement accounts
    Employee pension trusts
    Investment management
    Investments
    Show allCollapse
    Citable URI
    http://hdl.handle.net/11540/5766
    Metadata
    Show full item record
    Thumbnail
    PDF (183.1Kb)
    Author
    Asian Development Bank
    Theme
    Poverty
    Finance
     
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise