Economic situation of Nepal remains relatively stable in spite of a difficult political economic context. In 2010 the growth of GDP is estimated to be 3%, due to more difficult monetary conditions, lower remittances and bad agricultural performance. The economy of the country highly depends on the trade with India. Due the poor condition of it the inadequate supply of energy and waters and the lack of transparency in tax administration strong barriers to the country’s economic still remain same
REMITTANCE ON INFLATION Though a number of factors are responsible causing inflation in Nepal, this chapter is devoted to analyzing the impact of political instability, remittance and growing population on the Nepalese inflation. The next chapter reveals the role of Nepalese money supply and Indian inflation on price level in the economy of Nepal. 5.1 Political Instability Over the past several decades Nepal has witnessed significant political instability. Since the restoration of multi-party democracy
Discrimination against a Girl Child: from Conception through Adulthood “Beta! Wo larka hai, larkiyan aisey nahi karti..” “Stop crying like a girl..” “Kiya larkiyon ki tarah ghar par baithey ho, go & play outside.” Sounds familiar? I’m sure many of us can relate to this very thing. Endless statements, but all of these are built on the same purpose; to instill within both a girl & a boy how a boy is and always will be superior to a girl. Despite coming from educated families, we all are a part of
Tea cultivation in Darjeeling hills was a part of a broader Colonial policy of Commercialization of Agriculture which was one of the essential features of the 19th Century Indian economy. The colonial commercial venture prompted the search for new market which in turn fostered cross border trade. In this context Tibet was envisages as potential market for the Indian Tea. The colonial knowledge about Tibetan fondness for tea date back to the time of Warren Hasting; the accounts of the first English
Law and economics are two fields of study that are influenced by one another. One of the main ideas that has helped in the economic analysis of law was developed by Ronald Coase. The Coase Theorem states that: "If trade in an externality is possible and there are no transaction costs, bargaining will lead to an efficient outcome regardless of the initial allocation of property rights.” This paper will show if the Coase Theorem applies to this case and if its validity is contained. Before introducing
such as level of employment, unemployment and underemployment; productivity; competitiveness. In order for a policy to effectively reach its intended target group without creating adverse effects on other groups in society, the design process must be grounded with facts. When designing a policy, there are three fundamental steps, which we will use in this study: 1. Define the policy objectives. What do we want the minimum wage to achieve? Or, why is a minimum wage necessary? 2. Identify the criteria
MARKET-ORIENTED REFORMS IN PUBLIC SECTOR: A CASE STUDY OF LAHORE DEVELOPMENT AUTHORITY BACKGROUND New Public Management (NPM), a public sector reforms started from 1980’s onwards. It is formally conceptualized by Hood in 1991. United Kingdom claims to have been its birthplace; many papers and researches providing evidences from UK. These NPM reforms are widespread and the Anglo-American countries and International organizations are among its strong advocates. In many developing countries including