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Bhutan as a higher education hub

As Bhutan reimagines its economic future in the 21st century, education is emerging not just as a foundational pillar but as a strategic compound for national transformation. The country’s 21st Century Economic Roadmap places educational services at the heart of its development agenda, envisioning a globally competitive, resilient, and values-driven …

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A progressive Tax Reform

Traditionally, in the eyes of public officials one of the biggest sins a businessman could commit is to drive an expensive car. Another fact is that many public servants favor SOEs over private companies and see the SOE fulfilling a national role, while private companies are regarded as not being …

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US Fiscal Irresponsibility Is Everyone’s Problem

By Paola Subacchi PARIS – As Donald Trump’s “big, beautiful” tax bill heads to the US Senate, investors everywhere are growing increasingly uneasy. On May 16, the credit-rating agency Moody’s downgraded US sovereign debt from its long-held triple-A status to Aa1 – following similar decisions by Standard & Poor’s (in …

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A coming storm

One of the main responsibilities of the Press is to warn the nation and society of any major impending crisis or disaster, before it happens. This paper has been writing for a while about a perfect economic storm that is now within our horizon. The storm is not an imaginary …

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Carbon Pricing Is Advancing Despite Trump

Adair Turner LONDON – Many fear that America’s withdrawal from the Paris climate agreement will undermine the international consensus to reduce greenhouse-gas emissions. Yet just in the last month, there have been two major steps toward widespread carbon pricing where it is needed most. To be sure, carbon pricing is …

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ESP issues

The Economic and Finance Committee of the National Assembly held a high powered hearing on various issues around the Economic Stimulus Plan (ESP). Though this is not the first time that hearings are being held this is the first time that it was done at such a high level with …

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Prepare for the Global Euro

By  Hélène Rey International monetary and financial systems may not be immutable, but nor do they change often. That is why the upheaval spurred by US President Donald Trump’s trade and tariff war is so remarkable – and difficult to decipher. To figure out what is going on, it is …

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War Clouds

The brutal terror attack and killing of 26 innocent tourists on 22nd April in Jammu and Kashmir has triggered military conflict and attacks between India and Pakistan. From the wee hours of 7th May till 9th May there were military attacks and exchanges between both sides with the situation only …

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