Financial Inclusion Scenario in Nepal
There has been increased emphasis on the improvement of Access to Finance (A2F) in the global scenario with countries adopting measures to improve the level of access for individuals and businesses alike Read more
Macroeconomic Vision for 2030
Although a bit late, the government is finally gearing up to formulate a long-term vision for economic development. The tentative targets for now are to graduate from the Least Developed Country (LDC) status by 2022 and to attain the slew of Sustainable Development Goals by 2030. However, a bold and time-bound economic development vision for the country should go beyond these goalposts that were contextualized on the basis of global targets. Nepal should aim to become a vibrant lower-middle income economy within the next two decades. Read more
Can we Ignite Nepal’s Latent Fortunes?
After decades of political experimentation, Nepal is finally at the cusp of a potential growth take-off. If it can swiftly settle simmering grievances over the new republican constitution issued in 2015, it could use a period of relative stability to project a clear roadmap to prosperity. What shall be its long-term sources of economic growth? How can it better exploit its advantages in clean energy, agriculture and tourism to emerge as a vibrant “zero-carbon” economy by mid-century? How can it ride the boom of its giant neighbors, China and India? Will it leverage, and eventually wean off high remittances? How can it augment its prowess in modern tradable services? Read more
Black Carbon and Climate Change in South Asia
A changing climate greatly affects Nepal and the rest of South Asia. Changing precipitation patterns affect drinking water supplies and agricultural production. We have already seen our vulnerability to this during the past year’s unusual rainfall patterns. Read more
Contextualizing the Political Economy of Nepal’s Borders for Economic Development
This note pledges for an alternative reading of borders while drawing on the anthropological readings on boundaries and nation. Borders may be political constructs, representing nation states’ frontiers of contiguous territorial power but at times they also become the vehicles through which national economies are constructed. Read more
Redefining Development in Nepal
A recurrent question that arises in the discourse on development in Nepal is whether we are at the stage of ‘too many cooks spoil the broth’, wherein we lack much needed leadership, vision and strategy to achieve the desired outcomes. The best way to find answers to such a question will be to evaluate the current state of affairs in this field, going by the proverb that ‘proof of the pudding is in the eating’. Read more