Publication: Overcoming Intertwined Challenges to Reach Upper Middle Income Status in Bhutan by 2029
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2025-02-26
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2025-02-26
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The document collection focuses on the challenges and opportunities facing a nation striving to achieve upper-middle-income status. Despite recent economic growth and poverty reduction, the country faces structural obstacles, including a small domestic market, high trade costs, and limited private sector job opportunities. This has led to a reliance on the public sector and state-owned enterprises, with limited economic diversification and productivity improvements. The document highlights the need for a coalition of stakeholders, including citizens, civil society, the private sector, and development partners, to implement critical reforms and actions. These reforms aim to promote economic progress, invest in people, and contribute to a more livable planet. The document emphasizes the importance of strengthening the private sector, improving infrastructure, investing in education and healthcare, and promoting sustainable development through renewable natural resources.
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“World Bank. 2025. Overcoming Intertwined Challenges to Reach Upper Middle Income Status in Bhutan by 2029. © World Bank. http://hdl.handle.net/10986/42870 License: CC BY-NC 3.0 IGO.”
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