Bhutan : Private Sector Survey
Two of the seven major development challenges of the Royal Government of Bhutan identified for the Donors Development Forum, held in Thimpu in November 2000, were private sector development and employment generation. Given the fact that the public...
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Online Access: | http://documents.worldbank.org/curated/en/2002/06/2034211/bhutan-private-sector-survey http://hdl.handle.net/10986/15354 |
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okr-10986-153542021-04-23T14:03:15Z Bhutan : Private Sector Survey World Bank PRIVATE SECTOR DEVELOPMENT FINANCIAL SECTOR REFORM PRIVATIZATION FOREIGN INVESTMENT AGROPROCESSIG COMPETITIVENESS WOOD INDUSTRY TOURISM INFORMATION TECHNOLOGY FOREIGN DIRECT INVESTMENTS TAXATION AUDITING ACCOUNTING SYSTEMS REGULATORY ENVIRONMENTS TRADE REGIME TAX POLICY CASH CROPS LABOR FORCE PARTICIPATION RECRUITMENT POLICY EXPORT INCENTIVES INDUSTRIAL ESTATES PORT FACILITIES CHAMBERS OF COMMERCE SMALL & MEDIUM SCALE ENTERPRISES ACCOUNTING AGRICULTURAL PRODUCTION AIR AUDITING CIVIL SERVICE COST EFFECTIVENESS DEVELOPED COUNTRIES ECONOMIC ACTIVITY ECONOMIC GROWTH ECONOMIES OF SCALE ELECTRICITY EMPLOYMENT ENTREPRENEURSHIP FINANCIAL DATA FINANCIAL MARKETS FINANCIAL SECTOR FINANCIAL SYSTEMS FISCAL YEAR FOREIGN EXCHANGE FORESTRY GROSS DOMESTIC PRODUCT GROSS EARNINGS HOLIDAYS IMPORTS INNOVATION INSURANCE INTEREST RATES ISOLATION LABOR COSTS LABOR FORCE LABOR PRODUCTIVITY LAWS LEVIES LICENSES MANAGERS MARKETING MEDICINES MIGRATION NATIONAL INCOME PERSONAL RELATIONSHIPS PRIVATE SECTOR PRIVATIZATION PRODUCERS PUBLIC OWNERSHIP PUBLIC POLICY PUBLIC SECTOR PUBLIC SECTOR EMPLOYMENT PUBLIC SERVICES QUALITY CONTROL SERVICE INDUSTRIES TAX TAX INCENTIVES TECHNOLOGY TRANSFERS TIMBER TRANSPORT UNEMPLOYMENT URBAN CENTERS URBAN POPULATIONS VOCATIONAL TRAINING WAGES WORKERS YOUTH UNEMPLOYMENT Two of the seven major development challenges of the Royal Government of Bhutan identified for the Donors Development Forum, held in Thimpu in November 2000, were private sector development and employment generation. Given the fact that the public sector is unlikely to expand further in the forseeable future, these issues become two sides of the same coin. Future employment generation in Bhutan can only come from the further growth of the private sector. The prinicpal objectives of this report and associated survey work is to assist the Government in developing an improved information base on the private sector and to thereby assist it in formulating its strategy for private sector support over the period of the Ninth Five-Year Development Plan. The main recommendations put forth for private sector development include: Establishment of a transparent system of tax relief and possibly a system of industry levies to support radically increased worker and management training. Development of a transparent, time-bound, policy for recruiting non-national workers. Encouragement of the development of innovative financial instruments and payment modalities. Support of technology transfer mechanisms and provide incentives through tax breaks. Finalization and approval of the new foreign direct investment law. Implementation of a system of duty drawback on imported raw materials used to produce export products. Development of a clear, consistent, and transparent policy environment. 2013-08-26T21:26:57Z 2013-08-26T21:26:57Z 2002-06-14 http://documents.worldbank.org/curated/en/2002/06/2034211/bhutan-private-sector-survey http://hdl.handle.net/10986/15354 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC South Asia Bhutan |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English en_US |
topic |
PRIVATE SECTOR DEVELOPMENT FINANCIAL SECTOR REFORM PRIVATIZATION FOREIGN INVESTMENT AGROPROCESSIG COMPETITIVENESS WOOD INDUSTRY TOURISM INFORMATION TECHNOLOGY FOREIGN DIRECT INVESTMENTS TAXATION AUDITING ACCOUNTING SYSTEMS REGULATORY ENVIRONMENTS TRADE REGIME TAX POLICY CASH CROPS LABOR FORCE PARTICIPATION RECRUITMENT POLICY EXPORT INCENTIVES INDUSTRIAL ESTATES PORT FACILITIES CHAMBERS OF COMMERCE SMALL & MEDIUM SCALE ENTERPRISES ACCOUNTING AGRICULTURAL PRODUCTION AIR AUDITING CIVIL SERVICE COST EFFECTIVENESS DEVELOPED COUNTRIES ECONOMIC ACTIVITY ECONOMIC GROWTH ECONOMIES OF SCALE ELECTRICITY EMPLOYMENT ENTREPRENEURSHIP FINANCIAL DATA FINANCIAL MARKETS FINANCIAL SECTOR FINANCIAL SYSTEMS FISCAL YEAR FOREIGN EXCHANGE FORESTRY GROSS DOMESTIC PRODUCT GROSS EARNINGS HOLIDAYS IMPORTS INNOVATION INSURANCE INTEREST RATES ISOLATION LABOR COSTS LABOR FORCE LABOR PRODUCTIVITY LAWS LEVIES LICENSES MANAGERS MARKETING MEDICINES MIGRATION NATIONAL INCOME PERSONAL RELATIONSHIPS PRIVATE SECTOR PRIVATIZATION PRODUCERS PUBLIC OWNERSHIP PUBLIC POLICY PUBLIC SECTOR PUBLIC SECTOR EMPLOYMENT PUBLIC SERVICES QUALITY CONTROL SERVICE INDUSTRIES TAX TAX INCENTIVES TECHNOLOGY TRANSFERS TIMBER TRANSPORT UNEMPLOYMENT URBAN CENTERS URBAN POPULATIONS VOCATIONAL TRAINING WAGES WORKERS YOUTH UNEMPLOYMENT |
spellingShingle |
PRIVATE SECTOR DEVELOPMENT FINANCIAL SECTOR REFORM PRIVATIZATION FOREIGN INVESTMENT AGROPROCESSIG COMPETITIVENESS WOOD INDUSTRY TOURISM INFORMATION TECHNOLOGY FOREIGN DIRECT INVESTMENTS TAXATION AUDITING ACCOUNTING SYSTEMS REGULATORY ENVIRONMENTS TRADE REGIME TAX POLICY CASH CROPS LABOR FORCE PARTICIPATION RECRUITMENT POLICY EXPORT INCENTIVES INDUSTRIAL ESTATES PORT FACILITIES CHAMBERS OF COMMERCE SMALL & MEDIUM SCALE ENTERPRISES ACCOUNTING AGRICULTURAL PRODUCTION AIR AUDITING CIVIL SERVICE COST EFFECTIVENESS DEVELOPED COUNTRIES ECONOMIC ACTIVITY ECONOMIC GROWTH ECONOMIES OF SCALE ELECTRICITY EMPLOYMENT ENTREPRENEURSHIP FINANCIAL DATA FINANCIAL MARKETS FINANCIAL SECTOR FINANCIAL SYSTEMS FISCAL YEAR FOREIGN EXCHANGE FORESTRY GROSS DOMESTIC PRODUCT GROSS EARNINGS HOLIDAYS IMPORTS INNOVATION INSURANCE INTEREST RATES ISOLATION LABOR COSTS LABOR FORCE LABOR PRODUCTIVITY LAWS LEVIES LICENSES MANAGERS MARKETING MEDICINES MIGRATION NATIONAL INCOME PERSONAL RELATIONSHIPS PRIVATE SECTOR PRIVATIZATION PRODUCERS PUBLIC OWNERSHIP PUBLIC POLICY PUBLIC SECTOR PUBLIC SECTOR EMPLOYMENT PUBLIC SERVICES QUALITY CONTROL SERVICE INDUSTRIES TAX TAX INCENTIVES TECHNOLOGY TRANSFERS TIMBER TRANSPORT UNEMPLOYMENT URBAN CENTERS URBAN POPULATIONS VOCATIONAL TRAINING WAGES WORKERS YOUTH UNEMPLOYMENT World Bank Bhutan : Private Sector Survey |
geographic_facet |
South Asia Bhutan |
description |
Two of the seven major development
challenges of the Royal Government of Bhutan identified for
the Donors Development Forum, held in Thimpu in November
2000, were private sector development and employment
generation. Given the fact that the public sector is
unlikely to expand further in the forseeable future, these
issues become two sides of the same coin. Future employment
generation in Bhutan can only come from the further growth
of the private sector. The prinicpal objectives of this
report and associated survey work is to assist the
Government in developing an improved information base on the
private sector and to thereby assist it in formulating its
strategy for private sector support over the period of the
Ninth Five-Year Development Plan. The main recommendations
put forth for private sector development include:
Establishment of a transparent system of tax relief and
possibly a system of industry levies to support radically
increased worker and management training. Development of a
transparent, time-bound, policy for recruiting non-national
workers. Encouragement of the development of innovative
financial instruments and payment modalities. Support of
technology transfer mechanisms and provide incentives
through tax breaks. Finalization and approval of the new
foreign direct investment law. Implementation of a system of
duty drawback on imported raw materials used to produce
export products. Development of a clear, consistent, and
transparent policy environment. |
author |
World Bank |
author_facet |
World Bank |
author_sort |
World Bank |
title |
Bhutan : Private Sector Survey |
title_short |
Bhutan : Private Sector Survey |
title_full |
Bhutan : Private Sector Survey |
title_fullStr |
Bhutan : Private Sector Survey |
title_full_unstemmed |
Bhutan : Private Sector Survey |
title_sort |
bhutan : private sector survey |
publisher |
Washington, DC |
publishDate |
2013 |
url |
http://documents.worldbank.org/curated/en/2002/06/2034211/bhutan-private-sector-survey http://hdl.handle.net/10986/15354 |
_version_ |
1764427027612434432 |