growth

Construction workers in Dagachhu Hydropower Development in Bhutan.

Is Bhutan on the Cusp of a Revolution in Private Sector Growth?

Expanding the private sector is key for development in Bhutan. Yet, aligning this with the practice of Gross National Happiness is only one of the challenges. What could the government do to foster entrepreneurship? Bhutan has made remarkable developmental progress since the 1960s when the Third King decided to end the Himalayan kingdom’s self-imposed isolation […]

Two freighters are preparing to transit the Panama Canal starting at Gatun Locks on the Atlantic side © Matthew Ragen/veer

Does Climate Change Threaten the Future of the Panama Canal?

Panama’s economic prospects are bright. Yet global warming may endanger one of the country’s main sources of revenue and growth – the Panama Canal. It’s essential to build resilience around one of the world’s most important waterways. Panama has made itself into a financial hub in the Americas. Over the past five years, its economy […]

Brazilians protest against the government and corruption, 15 March 2015 © José Cruz/Agência Brasil (CC BY 2.0)

“Few Leaders with a National Vision”

On 15 August 2015, thousands of Brazilians once again took to the streets to protest against President Dilma Rousseff. Economist Renato Flôres explains the failure of Brazil’s political leadership, the future of the ruling Partido dos Trabalhadores (PT) party, and what the country needs in order to return to a growth and development path. BTI […]

Construction works in Ethiopia © Simon Davis/Department for International Development (CC BY 2.0)

Inclusive Development is needed to Sustain “Africa Rising”

Against predictions, the past 15 years have seen many African countries on the path towards greater stability, investment and growth. Now the challenge is to ensure that this success filters down to the level of ordinary citizens. For most of the previous century Africa has generally suffered from negative stereotypes – particularly from a governance […]

Hery Rajaonarimampianina, President of the Republic of Madagascar, at UN Headquarters in New York © UN Photo/Eskinder Debebe

Madagascar’s Rocky Path to Democracy

After five years of political turmoil and economic standstill, Madagascar seems to be headed for recovery. The new democratic government wants to restore rule of law, tackle poverty, and foster growth. Yet the island remains burdened by a legacy of power struggles and corruption. The men open the heavy steel door of the container. This […]