alt Hacker NewsI've been fascinated by Bhutan ever since reading "Beyond the Sky and the Earth". I wish them the best, but with the exodus of young people it's difficult to see long term success. The population is tiny. Will future growth only stem from tourism?
I've been fascinated by Bhutan ever since reading "Beyond the Sky and the Earth". I wish them the best, but with the exodus of young people it's difficult to see long term success. The population is tiny. Will future growth only stem from tourism?
Tourism is not really a growth sector. There are too many hotels already, with hoteliers complaining they can't get bookings at a decent price because there's too much competition undercutting them, and tour operators demanding lower prices than is sustainable.
Truthfully, the GMC is Bhutan's best bet at growth. The idea is to attract foreign talent who can train and educate locals, so that it can act as an attractor for youths, and a flywheel for prosperity in the country.