Bhutan Development Update, June 2019 : Harnessing Urbanization

Despite its small population and land area, Bhutan is among the most rapidly urbanizing countries in South Asia. While this urbanization parallels robust economic growth and the expansion of job and investment opportunities in cities, there remain...

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Main Author: World Bank Group
Format: Report
Language:English
Published: World Bank, Washington, DC 2019
Subjects:
Online Access:http://documents.worldbank.org/curated/en/244991561011294417/Bhutan-Development-Update-Harnessing-Urbanization
http://hdl.handle.net/10986/31988
id okr-10986-31988
recordtype oai_dc
spelling okr-10986-319882021-09-16T14:06:09Z Bhutan Development Update, June 2019 : Harnessing Urbanization World Bank Group ECONOMIC GROWTH MONETARY POLICY UNEMPLOYMENT TRADE FISCAL TRENDS RISKS URBANIZATION REGIONAL DEVELOPMENT LOCAL GOVERNANCE HOUSING INCLUSIVE CITIES CLIMATE CHANGE URBAN ENVIRONMENT Despite its small population and land area, Bhutan is among the most rapidly urbanizing countries in South Asia. While this urbanization parallels robust economic growth and the expansion of job and investment opportunities in cities, there remain challenges to fully leveraging the potential of urban areas. Bhutan has made impressive gains toward the convergence of access to basic services across the country, but there are gaps in the quality of coverage, particularly for water and sanitation. Local governments will have an increased role in basic service provision and capital investment, but it requires enhanced capacity and resources to improve efficiency and responsiveness to local needs. Urban growth has increased demand for quality housing, which has resulted in a scarcity of affordable units and has increased pressure for urban expansion. Finally, the concentration of people and property in growing cities also changes the hazard risk profile of these areas, which is not adequately understood due to a lack of adequate data systems and poor integration into planning mechanisms. An integrated approach to urbanization is essential; one that leverages the benefits of agglomeration while also managing the diseconomies and negative externalities of urban growth. 2019-06-28T16:33:53Z 2019-06-28T16:33:53Z 2019-06 Report http://documents.worldbank.org/curated/en/244991561011294417/Bhutan-Development-Update-Harnessing-Urbanization http://hdl.handle.net/10986/31988 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work :: Economic Updates and Modeling Economic & Sector Work 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
topic ECONOMIC GROWTH
MONETARY POLICY
UNEMPLOYMENT
TRADE
FISCAL TRENDS
RISKS
URBANIZATION
REGIONAL DEVELOPMENT
LOCAL GOVERNANCE
HOUSING
INCLUSIVE CITIES
CLIMATE CHANGE
URBAN ENVIRONMENT
spellingShingle ECONOMIC GROWTH
MONETARY POLICY
UNEMPLOYMENT
TRADE
FISCAL TRENDS
RISKS
URBANIZATION
REGIONAL DEVELOPMENT
LOCAL GOVERNANCE
HOUSING
INCLUSIVE CITIES
CLIMATE CHANGE
URBAN ENVIRONMENT
World Bank Group
Bhutan Development Update, June 2019 : Harnessing Urbanization
geographic_facet South Asia
Bhutan
description Despite its small population and land area, Bhutan is among the most rapidly urbanizing countries in South Asia. While this urbanization parallels robust economic growth and the expansion of job and investment opportunities in cities, there remain challenges to fully leveraging the potential of urban areas. Bhutan has made impressive gains toward the convergence of access to basic services across the country, but there are gaps in the quality of coverage, particularly for water and sanitation. Local governments will have an increased role in basic service provision and capital investment, but it requires enhanced capacity and resources to improve efficiency and responsiveness to local needs. Urban growth has increased demand for quality housing, which has resulted in a scarcity of affordable units and has increased pressure for urban expansion. Finally, the concentration of people and property in growing cities also changes the hazard risk profile of these areas, which is not adequately understood due to a lack of adequate data systems and poor integration into planning mechanisms. An integrated approach to urbanization is essential; one that leverages the benefits of agglomeration while also managing the diseconomies and negative externalities of urban growth.
format Report
author World Bank Group
author_facet World Bank Group
author_sort World Bank Group
title Bhutan Development Update, June 2019 : Harnessing Urbanization
title_short Bhutan Development Update, June 2019 : Harnessing Urbanization
title_full Bhutan Development Update, June 2019 : Harnessing Urbanization
title_fullStr Bhutan Development Update, June 2019 : Harnessing Urbanization
title_full_unstemmed Bhutan Development Update, June 2019 : Harnessing Urbanization
title_sort bhutan development update, june 2019 : harnessing urbanization
publisher World Bank, Washington, DC
publishDate 2019
url http://documents.worldbank.org/curated/en/244991561011294417/Bhutan-Development-Update-Harnessing-Urbanization
http://hdl.handle.net/10986/31988
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