In the years since the 1997/1998 Asian financial crisis, the Bank of Thailand (BoT) worked hard to build a heavy fortress around the nation’s financial sector. As a result, at a time when credit…

Frederico Gil Sander |

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 |

There is a great deal of passion surrounding the subject of tiger conservation, and there was a great deal of energy at the recent Global Tiger Workshop in Kathmandu, Nepal. (Photo courtesy of…

Tony Whitten |

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 |

Here’s an interesting and quick item to check out on a Friday. This map gives an attractive, at-a-glace look at some of the world’s key natural resources, organized by country. A couple of things…

James I Davison |

Given that Asia is now widely seen as leading the world out of the crisis, it is fitting that the role of Asia was more prominently recognized in the global economic system in the recent G20…

James Seward |

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 |