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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Main Author: World Bank Group
Format: Policy Note
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
Online Access:http://documents.worldbank.org/curated/en/322451506624385502/Increasing-Agribusiness-Growth-in-Bhutan
http://hdl.handle.net/10986/28538
id okr-10986-28538
recordtype oai_dc
spelling okr-10986-285382021-05-25T09:04:34Z Increasing Agribusiness Growth in Bhutan World Bank Group AGRIBUSINESS FACTOR ENDOWMENTS TRADE INVESTMENT BUSINESS ENVIRONMENT 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. 2017-10-18T20:50:28Z 2017-10-18T20:50:28Z 2017-01 Policy Note http://documents.worldbank.org/curated/en/322451506624385502/Increasing-Agribusiness-Growth-in-Bhutan http://hdl.handle.net/10986/28538 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Policy Note 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 AGRIBUSINESS
FACTOR ENDOWMENTS
TRADE
INVESTMENT
BUSINESS ENVIRONMENT
spellingShingle AGRIBUSINESS
FACTOR ENDOWMENTS
TRADE
INVESTMENT
BUSINESS ENVIRONMENT
World Bank Group
Increasing Agribusiness Growth in Bhutan
geographic_facet South Asia
Bhutan
description 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.
format Policy Note
author World Bank Group
author_facet World Bank Group
author_sort World Bank Group
title Increasing Agribusiness Growth in Bhutan
title_short Increasing Agribusiness Growth in Bhutan
title_full Increasing Agribusiness Growth in Bhutan
title_fullStr Increasing Agribusiness Growth in Bhutan
title_full_unstemmed Increasing Agribusiness Growth in Bhutan
title_sort increasing agribusiness growth in bhutan
publisher World Bank, Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/322451506624385502/Increasing-Agribusiness-Growth-in-Bhutan
http://hdl.handle.net/10986/28538
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