stands for the Latin word Quod Erat Demonstrandum, roughly translating to “It is proven.” The QED Consulting Group was founded on the belief that an argument is valid only when it is proven, and this is the goal that we strive to achieve in all our work. Based in Thimphu, Bhutan, QED’s major areas of work include research and consulting in the areas of economy, society, public policy, business and management. Our clients include the Bhutan Chamber of Commerce and Industry (BCCI), Association of Bhutanese Industries (ABI), Representative Office of Denmark (ROD), International Finance Corporation (IFC), United Nations Industrial Development Organization (UNIDO), Ministry of Labour & Human Resources (MoLHR) and the Friedrich Naumann Foundation. With the Friedrich Naumann Foundation, QED organizes talks by international experts at the Royal Institute of Management in Semtokha. In addition to its commercial work, we are also involved in conducting independent research in areas of economic and social policy. Through opinion pieces, presentations and briefings to policy and business leaders, QED contributes to the national conversation on issues such as monetary and fiscal policy, energy policy and economic development.
