Nepal 2030: A Middle Income Developing Country
Largely perceived to be a developing nation, Nepal endeavors to attain certain growth benchmarks in the next 15 years or so. In this light, the present circumstances however project contrasting elements of growth, exhibiting major disparities. Looking at the last 10 - 15 years, Nepal’s overall economic growth rate hovers around an average of 4%. Of late, this growth has faltered further, with estimates of rates as low as 0.77%, owing to economic shocks initially due to the earthquake and later by the supply chain disruption resulting from political agitations and blockade. This economic downturn has compounded on the already high disparity across various facets as well as incidence of poverty. Read more
Nepal’s Political Economy: Vision 2030
With a new Constitution that embraces inclusive, pluralistic democracy, and a mixed market economy with egalitarian and socialistic aspirations, Nepal seems ready to embark on a path of rapid economic development. There is a chorus of political leaders saying our multiple political revolutions are now finally over and the time has come to focus on an economic revolution. Read more
Working Towards Economic Integration: Lessons from EU
While the European Union may have an array of challenges at present, the formation of the EU in the aftermath of World War II has self-evidently transformed Western Europe after centuries of intermittent conflict. Open borders, free trade and a single market have served to increase prosperity and build people to people contacts. Read more
Envisioning South Asia in 2030
Many predictions have been made about the trajectory of Asia in the 21st Century. Expected to be the global engine of growth in coming decades, the Indo-Pacific is undergoing political, economic and competitive churn as governments attempt to respond to demands of inclusiveness, equality and access to opportunity from their citizens. Read more
A Connected Subcontinent: South Asia in 2030
A common image of the South Asian Subcontinent is that it is the least integrated part of the world. The lack of progress in regional integration under the aegis of South Asian Association for Regional Cooperation (SAARC) is widely lamented. The dominance of strategic pessimism in the Subcontinent may suggest that the situation is unlikely to change in any significant manner by 2030. Read more
South Asia: Agenda for 2030
As a term, South Asia needs to be defined. An obvious definition is based on SAARC (South Asian Association for Regional Cooperation) - Afghanistan, Bangladesh, Bhutan, Maldives, Nepal, India, Pakistan and Sri Lanka. Read more