The Republic of Maldives is the smallest country in all of Asia. It consists of 1, 190 islands in 20 atolls spread picturesquely over 900 km in the Indian Ocean. Of these, 199 islands are…

Benjamin Crow |

The future is unpredictable and yet, from time to time, we must take stock of what we accomplished and where we are heading. Over the past decade, better policies and rising integration with the…

Eliana Cardoso |

After our rest at the Home Minister, Lyonpo Minjur’s rural ancestral home, the team embarked on the long journey back to Thimphu the next day -- only a couple hundred miles as the crow flies (if…

Mark LaPrairie |

As the newly appointed (and first) World Bank Representative to Bhutan, my first month on the job has been challenging. A magnitude 6.3 earthquake with an epicenter in eastern Bhutan struck on…

Mark LaPrairie |

I am old enough to remember the days when Latin America was the land of inflation. Hyperinflation in Bolivia, Brazil and Argentina made the news in the 1980s and early 1990s. At that time, Asia…

Eliana Cardoso |

What is Happiness? Many of us equate it with money. However, since 1972, the kingdom of Bhutan under the leadership of its former King, Jigme Singye Wangchuck has measured its developmental…

Joe Qian |

One of the most extraordinary examples of the use of economic principles comes from the beginning of the 19th century, when England used to send a huge number of prisoners to Australia. The…

Eliana Cardoso |

The World Bank released its annual Doing Business report (pdf) last week which tracks regulatory reforms for conducting business and ranks countries based on their ease of doing business.…

Joe Qian |

Protectionism is on the rise all over the world, thanks or should we say “no thanks” to the global economic crisis.  Last November, G-20 leaders pledged to fight protectionism. Yet, according to…

Zahid Hussain |