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, the paper analyzes the substantial role India came to play in the peace and democratization process in Nepal in the years …'s involvement in Nepal was the product of short-term stability concerns rather than being an indicator of a long-term change in … ; Nepal ; regional power ; peace process ; democratization …
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trade policies. We examine here the consequences of such a “Gulliver” effect, looking at the case of Nepal whose economy is … closely linked to the economy of India. Since India’s protective policies are not optimal for Nepal, we consider the various … alternatives for Nepal. The “optimal divergence” is for Nepal to allow the free import of intermediate and capital goods, while …
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Despite the growing support for market-oriented strategies, and for a greater role of private investment, empirical growth models for developing countries typically make no distinction between the private and public components of investment. This paper sheds some light on this important issue by...
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