Increasing Agribusiness Growth in Bhutan
The policy note assesses Bhutan's agribusiness sector and recommends steps the Royal Government of Bhutan (RGoB) might consider to increase the sector's growth. The analysis relies primarily on Enterprise Survey conducted in 2015, supplem...
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| Format: | Policy Note |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2017
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| Online Access: | http://documents.worldbank.org/curated/en/322451506624385502/Increasing-Agribusiness-Growth-in-Bhutan http://hdl.handle.net/10986/28538 |
| Summary: | The policy note assesses Bhutan's
agribusiness sector and recommends steps the Royal
Government of Bhutan (RGoB) might consider to increase the
sector's growth. The analysis relies primarily on
Enterprise Survey conducted in 2015, supplemented by
extensive literature reviews and fieldwork. Several
overarching conclusions emerge: (i) public sector
institutions supporting agribusiness have the opportunity to
refine their incentive structures for greater impact on the
growth and development of Bhutan's private
agribusinesses; (ii) Bhutan is already endowed with the
agro-climatic conditions and technical capacity to produce
and market several agricultural products, providing the RGoB
with the opportunity to increase agribusiness export volumes
and value; (iii) although Bhutan has policies in place to
promote both domestic and foreign direct investment (FDI),
the RGoB has additional opportunities for spurring greater
investment and innovation in agribusiness; and (iv) while
the agribusiness sector has experienced significant gains in
access to finance, more can be done in the banking sector to
support marketing, processing, and exporting agri-food products. |
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