From Wikipedia‚ the free encyclopedia Economy of Nepal Nepal Rastra Bank in Kathmandu Currency 1 Nepalese Rupee (NPR) = 100 paisa Fiscal year 16 July - 15 July Trade organizations WTO Statistics GDP $41.22 billion (2012 est.)[1] GDP growth 4.6% (2010 est.) GDP per capita $1‚600 (2010 est.) GDP by sector agriculture (35%)‚ industry (20%)‚services (45%) (2010 est.) Inflation (CPI) 8.6% (September 2010 est.)‚ 10.6% (October 2011 est. source: myrepublica.com) Population belowpoverty
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The history of Nepal The history of Nepal is characterized by its isolated position in the Himalayas and its two neighbors‚ India and China. Due to the arrival of disparate settler groups from outside through the ages‚ it is now a multi-ethnic‚ multi-cultural‚ multi-lingual country. Its population is predominantly Hindu with significant presence of Buddhists‚ who were in majority at one time in the past. Central Nepal was split in three kingdoms from the 15th to 18th century‚ when it was unified
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Does Economic Development always lead to Improvements in Livind Standards? Economic growth and economic development are often thought to be synonymous but although the two are closely linked‚ there are crucial differences in their meanings. Economic growth is defined as ’a rise in the total output (goods or services) produced by a country’. It is measured by the percent rate of increase in the gross domestic product (GDP). Economic development as defined by Todaro is "not purely an economic phenomenon
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The Struggle in Nepal People in America always take for granted of what they have‚ including myself. What we as Americans don’t see is that there is another side of the country that lacks something that we don’t even think about or even appreciate‚ that something is our freedom to do whatever we please. While a lot of us our complaining about getting new and materialistic things that we want‚ but don’t need‚ there are people in the middle east and Africa that are struggling for their life’s.
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Information technology in Nepal This is the age of information and technology. Nepal has also moved forward in the development of information and technology. The development of telephone‚ mobile‚ fax‚ internet etc. has made marketing research easy and simple. Although some marketing managers in Nepal take decision at hunch‚ all managers do not do so. While taking decision‚ they are found using marketing information system. 1. After the economic liberalization 1980s‚ Nepalese market has changed
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Nepal has a huge hydropower potential. In fact‚ the perennial nature of Nepali rivers and the steep gradient of the country’s topography provide ideal conditions for the development of some of the world’s largest hydroelectric projects in Nepal. Current estimates are that Nepal has approximately 40‚000 MW of economically feasible hydropower potential. However‚ the present situation is that Nepal has developed only approximately 600 MW of hydropower. Therefore‚ bulk of the economically feasible generation
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Nepal Nepal‚ officially Federal Democratic Republic of Nepal is a landlocked Himalayan country located in South Asia between tow boulders China and India. It has eight of the world’s 14 tallest mountains‚ including the top of the world‚ Mount Everest. The country seems a dot in the globe‚ however‚ an altitude is ranging 60 m. to 8848 m. above the sea level between 129 km. distance. Sixty-five percent people rely on agriculture. Nepali is an official language in the multi-linguistic‚ multi-religious
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woman to live in. Nepal is a country compacted between China and India‚ Nepal isn’t very big and very poor but it populates over 30 million people. This country is known for little to no rights for women. Early marriage and child birth are main reasons for the malnourished women in Nepal‚ statistics say 1 in 24 die in pregnancy and/or birth( ). Daughters who aren’t married before their teens would be sold to traffickers. 2008 finally saw the government of Nepal put a Human Trafficking
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plight of the future world. There were valid concerns about reconstruction of devasted areas‚ and re-building and developing the war-hit economies. Remarkable decisions were made in Bretton Woods conference in 1944 to boost international trade and economic growth‚ and to achieve monetary stability in the global economy. Along with IMF (International Monetary Fund)‚ IBRD (World Bank) and ITO (International Trade Organization) were the outcomes of the historical Bretton Woods Conference. However‚ in
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harsh conditions‚ wartime‚ and impoverishment. These circumstances‚ rooted within the economy and the government‚ undoubtedly led the German people to turn their allegiance towards something new. From the time after the war‚ up until Hitler’s reign‚ the people faced constant compounding problems. Perfectly separating the social‚ political‚ and economic factors in this situation proves difficult because each one augmented the others. It is imperative to explore and understand what conditions and
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