Remittance inflows play a vital role in raising the living standards of the recipient families and reducing the aggregate poverty in Nepal. Remittance received by the targeted households could contribute to reduction in poverty especially in rural areas.
The government entities are actively promoting sustainable transportation practices exemplified by the Nepal Electricity Authority (NEA) and the Nepal Tourism Board, committing to exclusively use EVs for transportation to encourage the public. NEA’s ambitious target of 100% electrification by 2024, aligns with Sustainable Development Goals (SDGs) and is also facilitating an EV-friendly ecosystem and widespread EV adoption.
Sustainable trade practices encompass various strategies and plans to promote economic growth while preserving environmental integrity and social equity. These practices are particularly relevant for LDCs, as they address the unique challenges these countries face.
Without its migrant workers, where would Nepal be? This research article reexamines Nepal’s development story through the lens of international migration and makes a compelling case for Nepali migrants voting with their feet to escape poverty.
Technological developments and commercialization are key factors for long-term investment in the industry. The government can realize the immense potential to address the gap in technical skill development and commercialization to increase investment in agriculture.
Unlike laissez-faire models, South Korea’s developmental strategy involved a mix of market incentives and direct government intervention. This interventionist approach, while not dismissive of private enterprise, emphasized a collaborative relationship between the government and businesses.