Nepal's trade balance in goods and services has been in deficit for many years. The large deficit has not resulted in a substantial accumulation of net foreign liabilities, as it has been largely financed...
In 2010 or 2011, Nepal set up a cash incentive scheme for exporters aimed at reducing its trade deficit and vulnerability to external shocks, by promoting export growth and diversification for its firms...
The rise of global value chains (GVCs) is one of the most important transformation in global trade and investment occurred in the last decades. Once concentrated among a few large economies, global flows...
This note looks at the services sector and its dual role for Nepal: as a direct source of exports, and as a provider of key inputs for other sectors of the economy. It identifies sources of potential for...
As a small, landlocked economy, Nepal’s development prospects are closely tied to its ability to increase integration in the regional and global marketplace. Despite significant changes in Nepal’s trade...
In the last decades, slow growth and job creation have encouraged emigration, further dampening domestic sources of growth in Nepal. Tepid growth over the past decade, the slowest in the region, has resulted...
The envisioned economic transformation requires a shift from a remittance-fueled growth model to one fueled by productivity and investment. Integration into the global marketplace is a powerful vehicle...