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    Asian Development Bank and Bhutan: Fact Sheet

    Asian Development Bank | July 2006
    Abstract
    Updated yearly, this ADB Fact Sheet provides social and economic indicators on 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 wellbeing with an individual’s spiritual, emotional, and cultural well-being. Despite steady progress, Bhutan remains a poor country with a national poverty rate of 25.3%. 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 labor market by 2007. The Government aims to diversify the economic base by enabling greater private sector participation in development—a central part of its growth—employment generation, and poverty reduction strategy.
    Citation
    Asian Development Bank. 2006. Asian Development Bank and Bhutan: Fact Sheet. © Asian Development Bank. http://hdl.handle.net/11540/5901.
    Keywords
    Work Environment
    Regulatory Environments
    Institutional Environment Assessment
    Global Environment
    Environmentally Sustainable Development
    Environmentally Damaging Subsidies
    Environmental Strategy
    Environmental Sustainability
    Environment and Pollution Prevention
    Environmental Action Plans
    Environmental Assessment
    Environmental Cleanup
    Environmental Compliance
    Environmental Effects
    Environmental Guidelines
    Environmental Health Hazards
    Municipal government
    Alternative energy development
    Geothermal Energy
    Renewable Energy
    Pollution Indexes
    Green Revolution
    Polluter Pays Principle
    Decontamination
    Environmental Statistics
    Ecosystems
    Ecology
    Pollution Control
    Coastal pollution
    Coasts
    Lakes
    Rivers
    Inland Water transport
    International rivers
    international lakes
    Sewage management
    Waste Disposal
    Water pollutants
    Public Law
    Fishery Law
    Marine Pollution
    River Pollution
    Industrial Pollution
    Thermal Pollution
    Thermal Pollution
    Hydroelectric power
    Energy technology
    Alternative energy program
    Alternative energy technology
    Energy Sources
    Air quality indexes
    Environmental indexes
    Sanitation
    Green technology
    Oil spills prevention
    Water quality
    Prevention of pollution
    Water resources development
    Water quality trading
    Pollution
    Experimental watershed areas
    Lakes monitoring
    Floodplains monitoring
    Pollution measurement
    Liability for water pollution damages
    Tide pool ecology
    Reef ecology
    Ocean bottom ecology
    Marine riparian ecology
    Marine radioecology
    Marine productivity
    Marine microbial ecology
    Marine habitats
    Marine chemical ecology
    Aquatic ecology
    Water pollution
    Renewable energy source
    Natural resource
    Hybrid power
    Renewable energy resource
    Conservation of natural resources
    Green technology
    Air pollution potential
    Pollution control industry
    Energy conservation
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    Citable URI
    http://hdl.handle.net/11540/5901
    Metadata
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    Author
    Asian Development Bank
    Theme
    Environment
    Energy
     
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise