The sense of excitement and hope associated with the new Rastriya Swatantra Party (RSP)-led government was palpable. Not everyone might love the RSP’s rise to power, but very few truly seemed to mourn the passing of the old guard politicians and the corruption associated with their tenure.
Nepal’s digital transformation, accelerated by the COVID-19 pandemic, has created significant opportunities for an inclusive digital economy, but realizing its full potential requires stronger implementation, innovation, regulation, and digital literacy to ensure that no one is left behind.
We are at a crossroads. We can continue watching the AI revolution from the sidelines and paying foreign companies for their tools, or we can decide to take control.
Nepal stands at a crossroads as the RSP’s ambitious manifesto promises bold economic and governance reforms while raising critical questions about inclusivity, equity, and implementation.
The Indo-Pacific’s tech landscape in 2026 is defined by accelerating AI investment, tighter regulation, and a strategic push for resilient and trusted digital supply chains.
This article explores how Nobel Prize–winning economic ideas, particularly on innovation, creative destruction, and inclusive institutions, provide valuable insights for Nepal’s economic development and policy-making in a rapidly changing global economy.