During 2015, and in the span of six-months, Nepal was hit by two major shocks. The first one was the April 2015 …

This report examines how Nepal could move away from a remittance-driven growth model by reforming its trade policies to … increase competitiveness. It looks at the extent to which Nepal has been tapping into its trade potentials, the underlying …-export bias of its trade policy, Nepal needs to simplify its tariff code, reduce tariffs on intermediates, and embrace deeper …

The Nepal Development Update is produced twice a year with the following two main aims: to report on key economic …

The global COVID-19 (Coronavirus) pandemic imposed both a supply and a demand shock on Nepal's economy, which adversely … affected growth. The global crisis induced by the pandemic initially impacted Nepal through the tourism sector, with arrivals … to tourism. On March 21, the Government of Nepal announced a nationwide lockdown, which affected industrial and …

After registering the weakest growth in 14 years during FY2016, economic activity is recovering in Nepal. Agriculture … in line with potential thereafter. This edition of the Nepal Development Update examines the key economic developments in … Nepal over the preceding months, placing them in a longer term and global perspective. In the Special Focus section, the …

Nepal's recent history of development is marred by a paradox. Many countries in the world have experienced rapid growth … but modest poverty reduction, as income has increasingly concentrated in the hands of the wealthy. Nepal, however, has the … witnessed an equally significant decline in income inequality. Yet, Nepal remains one of the poorest and slowest …