Overcoming Intertwined Challenges to Reach Upper Middle Income Status in Bhutan by 2029

Publication:
Overcoming Intertwined Challenges to Reach Upper Middle Income Status in Bhutan by 2029

dc.contributor.author	World Bank
dc.date.accessioned	2025-02-26T21:26:46Z
dc.date.available	2025-02-26T21:26:46Z
dc.date.issued	2025-02-26
dc.description.abstract	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.	en
dc.identifier	http://documents.worldbank.org/curated/en/099021225001041094/P503407193af960b518c5c16f7c01d248c0
dc.identifier.doi	10.1596/42870
dc.identifier.uri	https://hdl.handle.net/10986/42870
dc.language	English
dc.language.iso	en_US
dc.publisher	Washington, DC: World Bank
dc.rights	CC BY-NC 3.0 IGO
dc.rights.holder	World Bank
dc.rights.uri	https://creativecommons.org/licenses/by-nc/3.0/igo
dc.subject	ECONOMIC GROWTH
dc.subject	NO POVERTY
dc.subject	DECENT WORK
dc.subject	ECONOMIC DIVERSIFICATION
dc.subject	CRITICAL REFORMS
dc.title	Overcoming Intertwined Challenges to Reach Upper Middle Income Status in Bhutan by 2029	en
dc.type	Brief
dspace.entity.type	Publication
okr.date.disclosure	2025-02-26
okr.date.lastmodified	2025-02-12T00:00:00Z	en
okr.doctype	Brief
okr.doctype	Publications & Research
okr.docurl	http://documents.worldbank.org/curated/en/099021225001041094/P503407193af960b518c5c16f7c01d248c0
okr.guid	099021225001041094
okr.identifier.docmid	P503407-93af963a-a2ce-42b5-8c5c-6f7c01d248c0
okr.identifier.externaldocumentum	34455449
okr.identifier.internaldocumentum	34455449
okr.identifier.report	197345
okr.import.id	6708
okr.imported	true	en
okr.language.supported	en
okr.pdfurl	http://documents.worldbank.org/curated/en/099021225001041094/pdf/P503407193af960b518c5c16f7c01d248c0.pdf	en
okr.region.administrative	South Asia
okr.region.country	Bhutan
okr.sector	FY17 - Central Government (Central Agencies)
okr.topic	Macroeconomics and Economic Growth::Economic Growth
okr.topic	Poverty Reduction::Poverty Reduction Strategies
okr.topic	Social Protections and Labor::Employment and Unemployment
okr.unit	World Bank Office Dhaka (SACBD)