All’s Not Well in Shangri-La

Bhutan's 11.8 percent real GDP growth -- as the USA careens at the 'fiscal cliff' of government insolvency and the economies of Europe crash -- has astonished economists. Prime Minister Jigmi Thinley's 'state of the nation' report in July 2012 cited hydropower contributing 44 percent of GDP with the service sector contributing 37 percent. Agriculture…