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Dimensions of Nepalese Economy

Product Details

Title:Dimensions of Nepalese Economy


Author:Bama Dev Sigdel


Publisher:Human Actions for Rapid Developement

Publish Year:2010

Edition:First Edition

Cover:Paper Back

Subject:Nepal Economy



Size:135 x 220 mm


Price:USD 3.50

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  • The economy of Nepal is largely dependent on agriculture and remittances. Economic development has been complicated and affected by the constant change in political scenarios which has ranged from monarchy to being ruled by the Nepal Communist Party in 2019. An isolated, agrarian society until the mid-20th century, Nepal entered the modern era in 1951 without schools, hospitals, roads, telecommunications, electric power, industry, or civil service. The country has, however, made progress toward sustainable economic growth since the 1950s and opened the country to economic liberalization leading to economic growth and improvement in living standards than compared to the past. The biggest challenges faced by the country in achieving higher economic development are the frequent changes in political leadership as well as corruption.

    Bama Dev Sigdel

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