Monthly Archives: December 2021

Rebuilding Tourism

According to the State of Nation Report, the pandemic had a disproportionately negative impact on Bhutanese working in the tourism sector, resulting in unemployment due to the temporary shutdown of tourism businesses and other tourism-related enterprises. According to the Tourism Establishment Census of Bhutan 2021, a total of 52,174 individuals …

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How Erdonomics Sank Turkey

WASHINGTON, DC – Turkey’s economy is in crisis. Inflation is high and rising, economic growth is stalling, foreign-exchange reserves have plummeted, many goods are in short supply or simply unavailable, and low- and middle-income households are increasingly impoverished. With per capita GDP having fallen from $12,600 in 2013 to $8,500 in 2020, Turkey’s …

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