The successful election of a new parliament and subsequent formation of a popularly mandated government provide a more conducive environment for private sector activity and economic policy. The uncertainties brought about by Nepal’s prolonged political transition and electoral period have acted as a break on private sector investment and diverted attention of the bureaucracy away from difficult and important reforms.
Going forward, it will be important for the government to signal, from the start, that increased political stability will be put to profit to tackle the country’s formidable challenges. This will involve a balancing act to ensure that the arduous process of constitutional drafting can be carried-out in tandem with regular and improved government operations.
#WB #EconomicUpdate #2014
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Publisher:
WB
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(2014
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Type / Script:
Official Document
in English
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Keywords:
SOCIAL SCIENCES, AGRICULTURAL ECONOMICS, COMPARATIVE ECONOMICS, ECONOMETRICS, ISLAMIC ECONOMICS, INSTITUTIONAL ECONOMICS, KEYNESIAN ECONOMICS, LABOUR ECONOMICS, LAND ECONOMICS, MACROECONOMICS, MARXIAN ECONOMICS, MATHEMATICAL ECONOMICS, MICRO-ECONOMICS, NEOLIBERALISM, REGIONAL ECONOMICS, TRANSPORT ECONOMICS, WELFARE, ECONOMIC EQUILIBRIUM, ECONOMIC GEOGRAPHY, ECONOMIC GEOLOGY, ECONOMIC HISTORY, ECONOMIC POLICY, ECONOMISTS, FINANCE, SOCIAL SCIENCES
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Thematic Group:
UN
:
International Peace and Security
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Thesaurus:
02.01.00
- Economic Theory
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Reference Link:
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