Determinants of the Economic Development in Nepal Essay


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Topic: Determinants of the economic development in Nepal . Economics Definition . A social science that studies, how individuals, governments, firms and nations make choices on allocating scarce resources to satisfy their unlimited wants. Economics can generally be broken down into: macroeconomics, which concentrates on the behavior of the aggregate economy; and microeconomics, which focuses on individual consumers. Developing countries / Lower developing countries .


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When snow melts in the Himalayas, the glacier and rivers are formed. The rivers flow through the mountain regions to the Terai. The main rivers of Nepal are Mechi, Koshi, Narayani, Gandaki, Karnali and Mahakali. These rivers have several tributaries. In addition to these Kankai, Bagmati, Trishuli, Marshyangi, Seti, Rapti, Bheri and also important rivers of Nepal.


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Nepal needs to: . * Improve trade logistics, customs and tax procedures . * Remove the anti-export favoritism . * Undertake measures to increase competitiveness of Nepali products and make the country an attractive investment destination * If Nepal continues being prudent with fiscal management and focuses on investments into infrastructure and creating a political environment that is supportive . for businesses, the country can achieve significant growth in the upcoming years.


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