A journey along the Nepal-China border reveals a tale of contrasting development, missed opportunities, and the urgent need for Nepal to match its neighbors’ pace through impactful reforms.
The highest level of corruption was found in the planning and implementation process, with engineers, employees and executive officers, who have the most responsibility of leading and carrying out works, as being the most corrupt.
Nepal currently faces trade challenges as a result of its lower comparative advantage.
The generation that will lead Nepal in 2030 will be driven by pragmatism rather than ideologies of the bygone era that consumed their parents and grandparents.
Despite the flourishing of the currency black market in the border economies, this issue has not received enough media attention, while government regulation continues to remain lax.
If Nepal has been on your radar, then it is a good time to delve deeper into the opportunities and if not, it is time to look at this country that is land linked with two global economic giants China and India.