Nepal's Economic Landscape

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  • Nepal's Economic Landscape Book Detail

  • Author : Bikal Dhungel
  • Release Date : 2011-05
  • Publisher : GRIN Verlag
  • Genre : Business & Economics
  • Pages : 37
  • ISBN 13 : 3640901991
  • File Size : 81,81 MB

Nepal's Economic Landscape by Bikal Dhungel PDF Summary

Book Description: Seminar paper from the year 2011 in the subject Economics - Macro-economics, general, grade: Keine, Cologne University of Applied Sciences, language: English, abstract: The world is changing rapidly. In the last sixty years it has seen miraculous developments. Coming out of the ashes of World War II, Western Europe has established itself as the most stable region of the world. Totally destroyed Japan, having been the victim of the only atomic bomb in human history, which killed hundreds of thousands, has established itself as the strongest economy of Asia, and second only to the United States worldwide. We have seen the rise of South Korea, which had the equal per capita income as Mozambique in late fifties. Today South Korea stands as a developed country. We have seen the growth of China when Mao went. From Deng Xiaoping to Xiang Jemin to Hu Jintao, it kept its economy open and recently overtook Germany as the third largest economy of the world. China is on the way to become the second largest economy. India, from the early ninetees, took similar policy. India grew when the world economy was in downturn. The rise of BRIC (Brazil, Russia, India and China) countries has re-shaped the world order. Mexico proudly declares itself as a North American country today and no more intends to turn back to its old identity as a Central American country. The North American Free Trade Agreement (NAFTA) has been good for Mexican economy as they can sell their products in the United States and Canada now. Indonesia shares similar story. Even though it was runned by one of the terrible dictator of the world, Suharto, he brought liberal policies in the country encouraging Privatisation, Free Trade and more market liberalization. After the Asian financial crisis of 1997, people lost faith in him and finally toppled him. Growth was felt in other parts of the world as well. Emergence of computarized technologies, World Wide Web, digital technologies etc have reshaped the world. Nepal, h

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Nepal's Economic Landscape

Nepal's Economic Landscape

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Seminar paper from the year 2011 in the subject Economics - Macro-economics, general, grade: Keine, Cologne University of Applied Sciences, language: English, a

Nepal: Recent Economic Developments

Nepal: Recent Economic Developments

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Nepal has grappled with formidable economic and social challenges. Although the Nepalese economy performed well, growth has been hampered by weak infrastructure

Nepal's Investment Climate

Nepal's Investment Climate

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This book assesses dimensions of the investment climate in Nepal that shape opportunities for investments, employment, and growth of private firms. It includes