Comparative Price Analysis of Local and Imported Vegetables

The comparative price analysis of the local and imported vegetable are for the period of March to August 2011. All the data was collected at the Centenary Farmers Market (CFM) branch office. The data compilation and analysis was carried out by Department of Agricultural Marketing and Cooperatives, Ministry of Agriculture Bhutan.

More Jobs Predicted for Machines, Not People

[The "key to winning the race" is to make machines complements, not substitutes: More Jobs Predicted for Machines, Not People, by Steve Lohr, NY Times: A faltering economy explains much of the job shortage in America, but advancing technology has sharply magnified the effect, more so than is generally understood

Measuring what makes life worthwhile

Talk by Chip Conley:

Some Challenges for Bhutanese Govt

Source: Dorji, P (2011) 'Rural Toursim in Bhutan', working paper, University of New England

Source: extracted from
http://bhutan2008.blogspot.com/
2007/05/wangdiphodrang-
valley.html

"Urbanisation is becoming amajor challenge in Bhutan. Bhutan has arable land of only 7.8 percent (The World Bank Group, 2011), that cannot be extended because of its steep mountain terrain. Most of the arable lands are now forgone forurbanization. As the country develops, most of the arable lands are beingconsumed by town re-allocation and real estate boom. With little scope of comparative advantage inthe secondary sector of economy against India and China, except for Hydropower, urbanization posses a serious threat to the livelihood of the rural people.

GNH foundation

The exogenous and endogenous factors for the formulation of concept of Gross National Happiness Model for Bhutan.

Source: Stefan Priesner (2006) 'Gross National Happiness - Bhutan's Visioni of Development and its Challenges' retrieved from http://www.bhutan2008.bt/ndlb/typescripts/10/

Economics of Technology

Source: Tech-in-print

Technological growth has provided lots of advantages and opportunities in our day-to-day life. It has also contributed to the growth of economy within the society. Technology has increased efficiency and productivity thus increasing the output, both in terms of goods and services.  Nations, organizations, companies and individual has gained a lot from technological advancement. It has also provided us with comfort and luxury. Due to this, we see lots of innovation. All around the world there has been increasing reliance on technology. In the world of limited resources, technological innovation has become necessity.

Do you need to know!!!

During the period of The Great Depression in the 1929-39, where almost every house holds in US and Europe were literally brought on the streets, we didn't even know the world beyond India and China existed. In 1998, when there was Asian Financial crisis, we didn't even hear about it. Then came the Dot Com Burst in year 2000-2001, we just woke up at that time. After almost six years came the Great Financial Crisis (GFC), the result of it was countries almost went bankrupt, millions of people were left home less, millions of people were left job less and few landed up in prisons. The aftermath of the GFC can be still seen today, countries like Greece, Italy and Spain calling for bailout and US almost defaulting on its debt, this time it just passed us by.

The question is do you need to know all this stuffs? Does it have any impact on us? Well my view is that everyone should know what lies ahead. Next time when there is another financial crisis, Bhutan may find it self right in the middle of crisis. To understand the gravity of the situation please watch the follow four series of video of the Meltdown of GFC.