Econ-ity » Blog Archives

Tag Archives: Covid-19

Economic Crisis With and Without Lockdown

World economy has already been hit by recession owing to the corona virus crisis. Various estimates show that a deeper recession is looming large. Much of the reason behind the recession is accredited to draconian measures such as complete lockdown opted by the governments around the world to contain the contagion. Nevertheless, reckoning that the recession could have been completely avoided if these measures were not placed would be a biased analysis. But, if not for the lockdown, severity of the recession would not be the same.

Continue reading
Ashesh Shrestha

About Ashesh Shrestha

Ashesh Shrestha is an independent researcher. He has an Economics background and is interested in Monetary economics and Public finance.

Published by:

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.
Continue reading Published by:

Overhauling The System; More Than Mere Tweaks

Forty-two days into the nationwide lockdown, the focus of the government rests upon flattening the curve – as it should be. But the simultaneous economic quarantine has managed to bring all sorts of economic activities to a grinding halt. At the most telling fronts, it has taken a hit on the GDP, escalated inflation, surged unemployment and disrupted livelihoods of daily wage laborers who have little to no economic buffer. 

Continue reading
Ankshita Chaudhary

About Ankshita Chaudhary

Ankshita is working as the Research and Communications Officer. She is a Bachelors in Business Administration graduate from Kathmandu University. She regularly writes articles and blogs to promote alternative outlooks on contemporary political-economic debates in Nepal. She reserves interest in the area of federalism, entrepreneurship and economic development; and aspires to create institutional and policy reforms that promote evidence-based policy making in their practices.

Published by: