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
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