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Topic: Economy of Nepal


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  Encyclopedia: Economy-of-Nepal   (Site not responding. Last check: 2007-10-29)
Nepal completed its ninth economic development plan in 2002; its currency has been made convertible, and 17 state enterprises have been privatized.
Nepal receives substantial amounts of external assistance from India, the People's Republic of China, the United Kingdom, the United States, Japan, Germany, and the Scandinavian countries.
Economy - overview: Guinea-Bissau is among the worlds least developed nations and one of the 20 poorest countries in the world, and depends mainly on agriculture and fishing.
www.nationmaster.com /encyclopedia/Economy_of_Nepal   (2289 words)

  
 Economy of Nepal -- Facts, Info, and Encyclopedia article   (Site not responding. Last check: 2007-10-29)
(The capital and largest city of Nepal) Kathmandu is linked to (A republic in the Asian subcontinent in southern Asia; second most populous country in the world; achieved independence from the United Kingdom in 1947) India and nearby hill regions by road and an expanding highway network.
In June 1998, Nepal submitted its memorandum on a foreign trade regime to the (An international organization based in Geneva that monitors and enforces rules governing global trade) World Trade Organization and in May 2000 began direct negotiations on its accession.
With eight of the world's 10 highest mountain peaks--including (A mountain in the central Himalayas on the border of Tibet and Nepal; the highest mountain peak in the world (29,028 feet high)) Mount Everest at 8,850 m (29,035 ft)-- hiking, mountain climbing, and other tourism is growing.
www.absoluteastronomy.com /encyclopedia/E/Ec/Economy_of_Nepal.htm   (1080 words)

  
 Nepal History, Nepal Flag, Nepal Culture, Economy of Nepal, Culture of Nepal, History of Nepal
Nepal History, Nepal Flag, Nepal Culture, Economy of Nepal, Culture of Nepal, History of Nepal
The early settlement of Nepal was accomplished by large-scale emigrations of Mongoloid groups from Tibet and of Indo-Aryan peoples from northern India.
Nepal is a major producer of medicinal herbs, which grow on the Himalayan slopes.
www.mapsofworld.com /country-profile/nepal1.html   (508 words)

  
 MSN Encarta - Nepal
The United Nations (UN) classifies Nepal as one of the least developed countries in the world.
Nepal’s economy is characterized by heavy dependence on foreign aid, a narrow range of exports, increasing economic disparity between the mountain areas and the more developed Tarāi region, excessive governmental control and regulation, and inefficient public enterprises and administration.
A unique part of Nepal’s economy are the famous Gurkha mercenaries.
encarta.msn.com /encyclopedia_761562648_3/Nepal.html   (718 words)

  
 Nepal - Economy
Nepal is among the poorest and least developed countries in the world with 40% of its population living below the poverty line.
Agriculture is the mainstay of the economy, providing a livelihood for over 80% of the population and accounting for 40% of GDP.
Nepal has considerable scope for exploiting its potential in hydropower and tourism, areas of recent foreign investment interest.
www.exxun.com /Nepal/e_ec.html   (493 words)

  
 Background Notes Archive - South Asia   (Site not responding. Last check: 2007-10-29)
HISTORY Modern Nepal was created in the latter half of the 18th century when Prithvi Narayan Shah, the ruler of the small principality of Gorkha, formed a unified country from a number of independent hill states.
Nepal's judiciary is legally separate from the executive and legislative branches and has increasingly shown the will to be independent of political influence.
Nepal formally established relations with China in 1956 and since then their bilateral relations have generally been very good.
dosfan.lib.uic.edu /ERC/bgnotes/sa/nepal9501.html   (3404 words)

  
 globalEDGE (TM) | country insights - Economy of Nepal   (Site not responding. Last check: 2007-10-29)
Nepal launched its tenth (5-year) economic development plan in 2002; its currency has been made convertible, and 14 state enterprises have been privatized, 2 liquidated and 2 dissolved.
Because of Nepal’s dependence on agriculture, the annual monsoon rain, or lack of it, strongly influences economic growth.
Nepal’s exports increased 8.81% in FY 2003/04 compared to an increase of 5.54% in FY 2002/03.
globaledge.msu.edu /IBRD/CountryEconomy.asp?CountryID=31&RegionID=3   (879 words)

  
 Nepal (08/05)
Perched on the southern slopes of the Himalayan Mountains, the Kingdom of Nepal is as ethnically diverse as its terrain of fertile plains, broad valleys, and the highest mountain peaks in the world.
According to the constitution, Nepal is a constitutional monarchy with a parliamentary form of government that is multiethnic, multilingual, Hindu, and retains the king in the role of head of state.
Nepal participates in a number of UN specialized agencies and is a member of the World Trade Organization, World Bank, International Monetary Fund, Colombo Plan, and the Asian Development Bank.
www.state.gov /r/pa/ei/bgn/5283.htm   (5046 words)

  
 Economy
Nepal, a country facing physical as well as managerial constraints looking to get away from its economic poverty, is very much in need of a system, which safeguards its rights in external economic front and which assures internal policy stability.
Nepal’s package of WTO membership, thus, has been the outcome of the efforts in balancing Nepal’s development needs and capability with the concerns and demands of member countries.
Nepal, in fact, had been very open during the accession negotiation regarding her weakness in institutional and competitive capability which require technical assistance from member countries and donor agencies.
nepalnews.com /contents/englishmonthly/businessage/2004/mar/economy.htm   (3048 words)

  
 Economy News [The Kathmandu Post (Nepal)]
Nepal Electricity Authority (NEA), the state-owned monopolist power distributor, and Ministry of Water Resources are presently carrying out the necessary homework.
The overall export figure of handicraft goods was pulled down largely by a decline of over 26 per cent recorded in the export of pashmina, which is the third largest exports of the country and the largest handicraft item.
It is lapses in efforts, which has rendered Nepal a failure in recovering on the export front, while most of the countries across the globe are already on the track, say entrepreneurs.
www.nepalnews.com.np /contents/englishdaily/ktmpost/2003/feb/feb18/economy.htm   (2986 words)

  
 Nepal Economy - GDP, Budget, Industry and Agriculture
Nepal ranks among the world's poorest countries with a per capita income of just over $250.
Nepal launched its 10th economic development plan in 2002; its currency has been made convertible, and 16 state enterprises have been privatized, 2 liquidated, and 2 dissolved.
Nepal’s total exports increased by about 3.6%, primarily due to improved figures for readymade garments and jewelry, while imports grew by about 17% in FY 2002-03.
www.factrover.com /economy/Nepal_economy.html   (874 words)

  
 USAID - Asia and the Near East - Countries - Nepal
Nepal is a geographic buffer between the world’s two most populous nations.
Yet, Nepal’s average life expectancy varies greatly from 74 years in Kathmandu to 37 years in rural areas, and maternal mortality is among the highest in the region.
Nepal has developed less than 1 percent of its 83,000 MW of hydro-power potential and depends mostly on wood to meet its energy needs.
www.usaid.gov /locations/asia_near_east/countries/nepal/nepal.html   (792 words)

  
 Traveljournals.net - Economy of Nepal   (Site not responding. Last check: 2007-10-29)
Nepal is among the poorest and least developed countries in the world with nearly half of its population living below the poverty line.
Agriculture is the mainstay of the economy, providing a livelihood for over 80% of the population and accounting for 41% of GDP.
Nepal has considerable scope for accelerating economic growth by exploiting its potential in hydropower and tourism, areas of recent foreign investment interest.
www.traveljournals.net /explore/nepal/economy.html   (383 words)

  
 AllRefer.com - Nepal : Economy (Nepal And Bhutan Political Geography) - Encyclopedia
Livestock raising is second to farming in Nepal's economy; oxen predominate in the lower valleys, yaks in the higher, and sheep, goats, and poultry are plentiful everywhere.
Significant quantities of mica and small deposits of ochre, copper, iron, lignite, and cobalt are found in the hills of Nepal.
Hydropower is the main source of electricity in Nepal, and there are plans to further develop the potential of the nation's rivers.
reference.allrefer.com /encyclopedia/N/Nepal-economy.html   (379 words)

  
 Nepal the Economy   (Site not responding. Last check: 2007-10-29)
NEPAL IS ONE OF THE POOREST COUNTRIES in the world and was listed as the eleventh poorest among 121 countries in 1989.
Various factors contributed to the economic underdevelopment--including terrain, lack of resource endowment, landlocked position, lack of institutions for modernization, weak infrastructure, and a lack of policies conducive to development.
Since 1951 Nepal has tried to expand its contacts with other countries and to improve its infrastructure, although the lack of significant progress was still evident in the early 1990s.
www.country-studies.com /nepal/the-economy.html   (278 words)

  
 [No title]   (Site not responding. Last check: 2007-10-29)
Nepal's population in 1991 was 18.4 million with a growth rate of 2.1 percent per annum.
The elements of Nepal's foreign policy are determined by geo-political realities, strict adherence to the principle and Charter of the United Nations, Nonalignment, five principles of co-existence and promotion of human rights and international cooperation for the greater good of mankind.
Nepal's commitment to the principles and Charter of the United Nations is unflinching and total.
asnic.utexas.edu /asnic/countries/nepal/nepalfacts.html   (6915 words)

  
 Nepal's Economy Turns More Fragile
Nepal's fragile economy is coming under pressure as the tourist industry suffers losses and several donor countries withhold financial aid because of the government's crackdown on opposition.
The Nepal Tourist Board says the number of visitors to the country dropped by as much as 43 percent in February.
"It [Nepal] is passing through one of the worst phase, where economic development is being thoroughly neglected and the government is not able to concentrate or pursue many of the development measures they may have initiated," he said.
www.voanews.com /english/2005-03-27-voa10.cfm   (496 words)

  
 Economy News The Rising Nepal (Daily)   (Site not responding. Last check: 2007-10-29)
The Nepal Stock Exchange (NEPSE) index slipped by over 11 points as the investors remained hesitant to invest on the shares following the government’s recent decision to reduce land holding ceiling and the consequent demand by the RPP and Nepal Sadhbhavana Party lawmakers to put a ceiling on property too.
Stating that the government, management and employees unions are jointly responsible for the staggering state of financial institutions of the country, Dr Mahat emphasized the need for one and all involved in the sector to become responsible and transparent in their working in the greater interest of the financial institutions.
Governor of Nepal Rastra Bank Dr Tilak Rawal said the effort made by the government to improve the state of economic indicators for the development of the financial sector through economic liberalization has led to the progress of the country’s economy.
www.nepalnews.com /contents/englishdaily/trn/2001/sep/sep16/economy.htm   (1296 words)

  
 Economy in Nepal - Happy Nomads, volunteerwork in Nepal   (Site not responding. Last check: 2007-10-29)
The Asian Development Bank-a major multilateral donor to Nepal-has said that Nepal is the world's 12th poorest country, with an annual per capita of US$ 241-- the lowest in the South Asian region.
The country's economy is still predominantly based on agriculture, which is heavily dependent on the monsoon, the Manila-based Bank said in a statement issued on Monday.
"Nepal's slow growth in recent years, high unemployment rate, and large proportion of the population living below the poverty line call for measures to increase the potential for jobs and income generation," said Leah Gutierrez, an ADB Senior Social Sector Specialist.
www.happy-nomads.com /nepal-information/economy.htm   (273 words)

  
 speedweb2000:information in brief about economy of Nepal   (Site not responding. Last check: 2007-10-29)
The economy of Nepal is mostly agriculture.Around 80% of the population are employed in agricultural sector.Which accounts for about 50% of the countries gross domestic product.In agriculture the green evolution has major impact on Nepal.
Also,government of Nepal is trying to inflow the foreign investment in the country.
Development in Nepal is concentrated on improvement in communcations, agriculture and education.
www.speedweb2000.com /eco_nep.htm   (158 words)

  
 Indo-Asian News Service -> Nepal-Energy/Economy/Diplomacy-Gas -> Nepal mulls gas supply from Bangladesh via India   (Site not responding. Last check: 2007-10-29)
Kathmandu, June 6 (IANS) Nepal, Bhutan and Bangladesh are considering a gas pipeline project that will traverse through India, the Kathmandu Post daily reported Monday.
An initial agreement was reached between the foreign secretaries of the three countries last week, the report said.
Bangladesh is keen to export gas to landlocked Nepal and has asked India to allow the gas pipeline through its territory.
www.eians.com /stories/2005/06/06/06non.shtml   (230 words)

  
 Nepal People,People of Nepal,Nepal religion,Nepal economy,Nepal society,Nepal politics   (Site not responding. Last check: 2007-10-29)
The valley of Kathmandu is too a stronghold of Buddhism becoming, once because the Newars are believers of both faiths, once because Tibetan refugees are settling in the valley.
The Nepalese economy is based upon 90 % on agriculture.
Politically Nepal is not stable, as democracy is shortly introduced, so governments change often, which is a dangerous problem for the long term future development of the country.
www.discovertreks.com /nepal_people.html   (337 words)

  
 Economy Of Nepal   (Site not responding. Last check: 2007-10-29)
If you would like to use this flag of Nepal or any other on your website you are welcome to do so, all we ask is that you include a link back to our site on the same page.
If you would like to use this map of Nepal or any other on your website you are welcome to do so, all we ask is that you include a link back to our site on the same page.
If you would like to use this information for Nepal or any other on your website you are welcome to do so, all we ask is that you include a link back to our site on the same page.
www.appliedlanguage.com /country_guides/nepal_country_economy.shtml   (470 words)

  
 Nepal
Though the successive dynasties of the Gopalas, the Kiratis, and the Licchavis expanded their rule, it was not until the reign of the Malla kings from 1200–1769 that Nepal assumed the approximate dimensions of the modern state.
Nepal: History - History To the Mid-Twentieth Century By the 4th cent.
Nepal: Economy - Economy The overwhelming majority of Nepal's people engage in agriculture, which contributes about...
www.infoplease.com /ipa/A0107820.html   (1098 words)

  
 Nepal - Economy
Nepal is among the poorest and least developed countries in the world with 42% of its population living below the poverty line.
Security concerns in the wake of the Maoist conflict and the 11 September 2001 terrorist attacks in the US have led to a decrease in tourism, a key source of foreign exchange.
The international community's role of funding more than 60% of Nepal's development budget and more than 28% of total budgetary expenditures will likely continue as a major ingredient of growth.
www.aneki.com /economy/Nepal_economy.html   (321 words)

  
 Economy (from Nepal) --  Britannica Student Encyclopedia
A constitutional monarchy, Nepal is a landlocked country in the Himalayas between India and the Tibetan Autonomous Region of China.
The small independent kingdom of Nepal is located along the southern slopes of the Himalayan mountain range between India and the Tibet Autonomous Region of China (see Tibet).
In the years preceding the dissolution of the union in 1991, the economy of Russia and the union as a whole was in decline.
www.britannica.com /ebi/article-205345?tocId=205345&ct=   (815 words)

  
 Economy of Nepal, Art & Architecture of Nepal, Nepalese Economy   (Site not responding. Last check: 2007-10-29)
The economy of Nepal is chiefly based on agriculture.
After 1950 Nepal gained its importance as perfect and safe destination for people with the interest in traveling, adventure and other activities of their choice.
The snowcapped mountains of Nepal Himalayas have inspired many peoples to come up to to this country for mountaineering expeditions.
www.nepaltrailblazer.com /nepal/nepal_information/economy_art_architecture.html   (293 words)

  
 Nepal - Atlapedia Online   (Site not responding. Last check: 2007-10-29)
It is bound by China to the north and India to the east, west and south.
CLIMATE: Nepal has a climate that ranges from subtropical summers with mild winters in the southern lowlands to an alpine climate with cool summers as well as severe winters in the mountains.
On May 16, 1993 a road accident in which two communists lost their lives led to further conflict between the government and the communists through allegations that the government had killed the men, although an official investigation blamed driver negligence for the deaths.
www.atlapedia.com /online/countries/nepal.htm   (1161 words)

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