Econ-ity » May 10, 2020

Daily Archives: May 10, 2020

Molding education in the face of the pandemic

In the wake of the never-ending situation brought forward by the pandemic, many sectors of the economy have been hard hit; to the point that now it requires years to bounce back to normal. And on the upfront viewpoint, what could be the definition of normal anyway? And will the notion of new normal incorporate to the new façade of education?

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Suzana Thapa Shrish

About Suzana Thapa Shrish

Suzana Thapa Shrish works as a Research and Communications Assistant at Samriddhi Foundation. She aspires to focus her researches on Education Policies that will allow her to lay a solid foundation to navigate the current developments in contemporary pedagogical policy & practice and deliver tangible outcomes in the educational domain of Nepal.

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Sporadic market inspections do little to protect the consumer’s interest

Among many things dominating the news headlines alongside the Covid-19 are news reports of the Department of Commerce, Supplies and Consumer Protection Management punishing firms for cheating customers. With increasing complaints of high prices of goods, many businesses; vegetable sellers, retailers, fruit shops, and supermarkets are facing penalties. However, sporadic inspections do little to protect consumers from being ripped off by fraudulent businesses. What it does, instead, is create an environment of fear for businesses.

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Bidhyalaxmi Maharjan

About Bidhyalaxmi Maharjan

Bidhyalaxmi is working as Research & Communications Assistant at Samriddhi Foundation. She is a Master of Arts student at Madan Bhandari Memorial College.

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Is Democracy Dying in Nepal?

This question lingers in the minds of many.  

Levitsky and Ziblatt in their book, “How Democracies Die” depicts four characteristics of an authoritarian behavior:

  • The rejection, in words or action, of the democratic rules of the game
  • The denial of the legitimacy of political opponents
  • Toleration or encouragement of violence and 
  • A willingness to curtail civil liberties of opponents, including the media.
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Leveraging on land-based tourism to protect Nepalese tourism industry in the post-pandemic era

Following the need to abide by the social-distancing measures in public zones, travelling via air will not be the same after the pandemic. The new standard of hygiene and sanitation to be maintained among the passengers in aircrafts is likely to significantly shrink the global supply of airline seats in comparison to that of the pre-pandemic era. Because, airlines will have to seat passengers such that they are at a safe distance apart, and therefore, will have to operate their airplanes below full capacity. International Air Transport Association (IATA) expects airlines to operate at nearly 40 percent lower capacity if the middle seats have to be eliminated. Meanwhile, the price of airfare is also likely to hike substantially whilst markets correct to the new equilibrium. IATA, for instance, expects airfares to soar by 54 percent for travellers in Asia-Pacific region. As a result, the repercussion is likely to be felt heavily in the tourism sector in years to come. 

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Prience Shrestha

About Prience Shrestha

Prience works in the research department at Samriddhi Foundation. And, he attempts to specialize in the field of Development Economics

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