The economic challenge for Nepal is to fight its way out of stagnation and move towards
long-term sustainable development. Industrial development will have to be one of its
cornerstones. Thus, this document provides a comprehensive set of recommendations for
industrial development in Nepal during the course of the first two decades of the 21st century supporting the strategies developed in the 9th five-year plan and refined in the Concept Paper of the 10th Five-Year Plan, emphasizing four core issues: poverty alleviation, regional balance, gender equality and environmental health.
Yet, with a per capita income of about US $250, Nepal is one of the poorest countries in the world. It ranks 144th out of the 175 countries listed according to the Human Development Index used by 1999 UNDP in its Human Development Report. Nearly half of its population is estimated to be living below the poverty line. Not only is poverty measured in economic terms is high; other indicators of the quality of life also paint a poor picture. Social indicators are low for all, and they are particularly low for the very poor. There are disparities across income/consumption groups, between urban and rural areas and within areas, and across socio-ethnic groups.
The economic challenge for Nepal is to fight its way out of stagnation and move towards
long-term sustainable development. Industrial development will have to be one of its
cornerstones. Thus, this document provides a comprehensive set of recommendations for
industrial development3 in Nepal during the course of the first two decades of the 21st
century. The point of departure will be the vision and strategies developed in the 9th five-year plan and refined in the Concept Paper of the 10th Five-Year Plan (NPC 2001).
#Industrial #Development #Macro #Economic #Institution #Poverty
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Publisher:
UNDP
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(2002
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Type / Script:
Progress Report
in English
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Keywords:
INDUSTRIAL DEVELOPMENT, INDUSTRIALIZATION, ECONOMIC DEVELOPMENT, INDUSTRIAL POLICY, INDUSTRIAL PROMOTION, ECONOMIC COOPERATION, FOREIGN TRADE POLICY
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Thematic Group: UNDP
:
Social and Institutional Developoment
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Thesaurus:
05.01.01
- Industrial Development Support Services
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Reference Link:
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