Economic development is a daunting task in Nepal, given its limited resource endowment, its landlocked location and the rugged terrain and with its underdeveloped economic and social infrastructure. The economic development efforts of more than four decades, starting from the first economic development plan started in 1956, have yielded an average growth of around four per cent per annum which, if discounted by the population growth rate of about 2.3 per cent during the same period, gives a per capita income growth of less than two per cent per annum. Growth in the services sub sector may be a relatively higher, but it basically depicts a poor development particularly when the two neighboring countries are galloping ahead with high growth rates.
#UN #GON #2010
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Publisher:
UN
,
(2010
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Type / Script:
Draft
in English
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Keywords:
CAPITAL ASSETS, CAPITAL FORMATION, CAPITAL GOODS, CAPITAL MARKETS, CAPITAL MOVEMENTS, CAPITALISM, INVESTMENTS, WEALTH, FINANCIAL RESOURCE, GROWTH, ECONOMIC DEVELOPMENT, LANDLOCKED, UNDERDEVELOPED, POLITICAL TURMOIL
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Thematic Group:
UN
:
International Peace and Security
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Thesaurus:
02.00.0A
- Economic Development And Development Finance
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Reference Link:
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