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Climbing Higher [electronic resource] : Toward a Middle-Income Nepal. / Damir Cosic.

Author/Creator:
Cosic, Damir.
Publication:
Washington, D.C. : The World Bank, 2017.
Format/Description:
Government document
Book
Series:
Country Economic Memorandum
World Bank e-Library.
Country Economic Memorandum
Status/Location:
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Local subjects:
Agricultural Productivity. (search)
Demographics. (search)
Development Patterns and Poverty. (search)
Economic Management. (search)
Equity and Development. (search)
Export Development and Competitiveness. (search)
Inequality. (search)
Investment Climate. (search)
Poverty Monitoring & analysis. (search)
Poverty Reduction. (search)
Productivity. (search)
Public Sector Development. (search)
Public Sector Management and Reform. (search)
Trade and Integration. (search)
analysis of Economic Growth. (search)
Summary:
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 opposite problem-modest growth but brisk poverty reduction. The country has halved the poverty rate in just seven years and witnessed an equally significant decline in income inequality. Yet, Nepal remains one of the poorest and slowest-growing economies in Asia, with its per capita income rapidly falling behind its regional peers and unable to achieve its long-standing ambition to graduate from low-income status.
Contributor:
Cosic, Damir.
Dahal, Sudyumna.
Kitzmuller, Markus.
Publisher Number:
10.1596/27283
Access Restriction:
Restricted for use by site license.