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Hydropower-led economic growth in Bhutandevelopment of industry-level productivity account, 1990-2022 /

Record Type:	Electronic resources : Monograph/item
Title/Author:	Hydropower-led economic growth in Bhutanby Koji Nomura.
Reminder of title:	development of industry-level productivity account, 1990-2022 /
Author:	Nomura, Kōji.
Published:	Singapore :Springer Nature Singapore :2025.
Description:	xxii, 237 p. :ill., digital ;24 cm.
Contained By:	Springer Nature eBook
Subject:	Water-powerEconomic aspectsBhutan.
Subject:	BhutanEconomic conditions.
Online resource:	https://doi.org/10.1007/978-981-96-5150-4
ISBN:	9789819651504$q(electronic bk.)

Hydropower-led economic growth in Bhutandevelopment of industry-level productivity account, 1990-2022 /
Nomura, Kōji.

Hydropower-led economic growth in Bhutandevelopment of industry-level productivity account, 1990-2022 /[electronic resource] :by Koji Nomura. - Singapore :Springer Nature Singapore :2025. - xxii, 237 p. :ill., digital ;24 cm. - Contemporary South Asian studies,2509-4181. - Contemporary South Asian studies..

Bhutan's Hydropower-Led Economic Growth -- Bhutan's Aggregate Output: A Review -- Reevaluating Industry Origins of Bhutan's Economic Growth -- Labor Input and Quality Evolution in Bhutan -- Measuring Capital Accumulation in Bhutan -- Bhutan's Productivity Stagnation: Hydropower and Beyond.

This book provides a comprehensive analysis of Bhutan's economic growth and productivity dynamics from 1990 to 2022, with a special focus on hydropower development. Through the construction of detailed industry-level productivity accounts, the study addresses significant data gaps in Bhutan's national accounts, measuring outputs and inputs across various sectors and developing quality-adjusted labor and capital input series. The analysis reveals the complexities of Bhutan's hydropower-led growth strategy: while the sector has driven substantial economic growth, its contribution to overall productivity improvement has been limited. The electricity sector shows gains in labor productivity but declining capital productivity, resulting in stagnant Total Factor Productivity (TFP). The study also examines productivity trends in non-electricity sectors and addresses potential "Dutch disease" effects on manufacturing and agricultural competitiveness. International comparisons place Bhutan's productivity performance in a regional context, revealing significant gaps in productivity performance, particularly when compared to India, Bhutan's largest trading partner and a regional economic benchmark. This comparative analysis informs policy recommendations for achieving more balanced and sustainable economic growth. The findings are particularly relevant for Bhutan's Thirteenth Five-Year Plan (2024-2029), which emphasizes productivity improvements across all economic sectors. The book serves as a valuable resource for policymakers, economists, and researchers interested in development economics, particularly those focused on the unique challenges faced by small, landlocked nations pursuing sustainable economic development.

ISBN: 9789819651504$q(electronic bk.)

Standard No.: 10.1007/978-981-96-5150-4doiSubjects--Topical Terms:

1002106
Water-power
--Economic aspects--Bhutan.Subjects--Geographical Terms:

776252
Bhutan
--Economic conditions.

LC Class. No.: HC440.25 / .N66 2025

Dewey Class. No.: 338.95498

Hydropower-led economic growth in Bhutandevelopment of industry-level productivity account, 1990-2022 /
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