Econ-ity ยป March 31, 2018

Daily Archives: March 31, 2018

ECONOMIC TIMELINE OF NEPAL

Economic development in Nepal has been challenging, since time immemorial, due to the frequent changes in the political leadership. The political isolation of the early Nepali kingdom fostered an economic system of rent seeking elites and resulted in increased income inequality. The subsequent economic liberalization, with the end of absolute monarchy, led to economic growth and improvement in living standards of the people. As a Federal Democratic Republic, Nepal embarks on a new journey where it can hopefully, progress towards sustainable economic growth.

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Ankshita Chaudhary

About Ankshita Chaudhary

Ankshita is working as an intern in the Research as well as the Communications and Outreach Department at Samriddhi Foundation.

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