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Himalaya Mountains Region --- Nepal --- Himalaya Mountains Region. --- Nepal. --- Politics and government --- Politics and government
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The achievements in the third year of the Poverty Reduction Strategy Paper implementation have been satisfactory, given the difficult development environment resulting from the violent conflict and continued political instability. Nepal’s macrolevel indicators remain stable, despite growing pressure on the government budget. Nepal should continue with bolder reforms and development measures. Nepal also needs to begin planning eventual reconstruction and rehabilitation of those affected by the conflict, to be able to quickly respond to the situation when peace is established.
Public Finance --- Poverty and Homelessness --- Education: General --- National Government Expenditures and Related Policies: General --- Health: General --- Welfare, Well-Being, and Poverty: General --- Education --- Public finance & taxation --- Health economics --- Poverty & precarity --- Health --- Expenditure --- Poverty --- Total expenditures --- Expenditures, Public --- Nepal
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This Selected Issues paper examines the effect of political instability on economic growth in Nepal. It uses publicly available data on political economy variables for 167 countries worldwide from 1970–2004 to estimate the impact of political instability on growth. The findings reveal that Nepal has witnessed higher political instability compared with other countries in the region. The paper also presents the salient features of political instability and growth for Nepal and other South Asian countries, and the econometric estimates of growth regressions to measure the effect of political instability on economic growth.
Exports and Imports --- Inflation --- Taxation --- Globalization --- Emigration and Immigration --- Remittances --- Trade: General --- Trade Policy --- International Trade Organizations --- Globalization: General --- Price Level --- Deflation --- International Migration --- International economics --- Macroeconomics --- Public finance & taxation --- Finance --- Migration, immigration & emigration --- Exports --- Trade barriers --- Balance of payments --- International trade --- Migration --- Population and demographics --- International finance --- Commercial policy --- Prices --- Emigration and immigration --- Nepal
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Major political developments have taken place in Nepal since the Executive Board concluded the Article IV Consultation in January 2006. The Koirala government is keen on early resumption of the IMF-supported program to help maintain macroeconomic stability. The international community has welcomed the peace process and has extended financial aid. Progress on structural reforms was slow owing to political uncertainties, an unsettled security environment, and inertia in policy implementation. The authorities outlined an economic program for 2006/07 consistent with Poverty Reduction Strategy Paper (PRSP)/Poverty Reduction and Growth Facility (PRGF) objectives.
Banks and Banking --- Macroeconomics --- Money and Monetary Policy --- Public Finance --- Social Services and Welfare --- Exports and Imports --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- Energy: Demand and Supply --- Prices --- Government Policy --- Provision and Effects of Welfare Program --- Debt --- Debt Management --- Sovereign Debt --- Monetary Policy, Central Banking, and the Supply of Money and Credit: General --- International Lending and Debt Problems --- Banking --- Social welfare & social services --- Public finance & taxation --- Monetary economics --- International economics --- Oil prices --- Public debt --- Monetary base --- Commercial banks --- External debt --- Money --- Inflation --- Banks and banking --- Poverty --- Debts, Public --- Money supply --- Debts, External --- Nepal
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This 2005 Article IV Consultation highlights that Nepal’s economic growth has been affected by the political turmoil and conflict, although inflation has remained moderate, and international reserves are adequate. Real GDP growth averaged 2 percent during 2000/01–2004/05, compared with the 1990s when growth in agricultural productivity and significant trade liberalization contributed to average real GDP growth of 5 percent. Inflation has remained in the low single digits, although it rose to 7¾ percent in mid-October 2005. The overall and domestically financed deficits remained limited in 2004/05.
Poverty --- Fiscal policy --- Tax policy --- Taxation --- Economic policy --- Finance, Public --- Destitution --- Wealth --- Basic needs --- Begging --- Poor --- Subsistence economy --- Government policy --- International Monetary Fund --- Internationaal monetair fonds --- International monetary fund --- Banks and Banking --- Budgeting --- Exports and Imports --- Public Finance --- Poverty and Homelessness --- Inflation --- International Lending and Debt Problems --- Debt --- Debt Management --- Sovereign Debt --- National Budget --- Budget Systems --- Welfare, Well-Being, and Poverty: General --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- National Government Expenditures and Related Policies: General --- International economics --- Public finance & taxation --- Budgeting & financial management --- Poverty & precarity --- Banking --- Macroeconomics --- External debt --- Budget planning and preparation --- Public debt --- Public financial management (PFM) --- Expenditure --- Debts, External --- Debts, Public --- Budget --- Banks and banking --- Expenditures, Public --- Nepal
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This note documents slow economic growth and significant delays in reform implementation owing to continued political instability and conflict. The annual progress report (APR) reviews progress in the power sector, but does not mention some critical challenges. It outlines some progress in public sector reforms and private sector development. The APR analyzes the impact on disadvantaged groups of several government of Nepal’s programs, but recognizes a decrease in spending for targeted programs. Progress has been made in finalizing and launching of a framework for monitoring and evaluation.
Poverty --- Fiscal policy --- Tax policy --- Taxation --- Economic policy --- Finance, Public --- Destitution --- Wealth --- Basic needs --- Begging --- Poor --- Subsistence economy --- Government policy --- Nepal --- Economic policy. --- Budgeting --- Public Finance --- Social Services and Welfare --- Poverty and Homelessness --- Education: General --- Welfare, Well-Being, and Poverty: General --- Government Policy --- Provision and Effects of Welfare Program --- National Budget --- Budget Systems --- National Government Expenditures and Related Policies: General --- Health: General --- Education --- Poverty & precarity --- Social welfare & social services --- Budgeting & financial management --- Public finance & taxation --- Health economics --- Poverty reduction strategy --- Budget planning and preparation --- Expenditure --- Health --- Budget --- Expenditures, Public
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Non-governmental organizations. --- Peace-building. --- Conflict management. --- Organisations non-gouvernementales --- Consolidation de la paix --- Gestion des conflits --- 843 Middenveld --- 850 Vrede- en conflictstudies --- 241 Hedendaagse wereldproblemen --- niet-gouvernementele organisaties ngo's --- Afghanistan --- Armenië --- Azerbeidzjan --- Kirgizië --- Liberia --- Moldavië --- Nepal --- Sri Lanka --- Conflict management --- Non-governmental organizations --- Peace-building --- #SBIB:327.6H02 --- #SBIB:327.5H20 --- #SBIB:327.4H74 --- Building peace --- Peacebuilding --- Peace --- Peacekeeping forces --- INGOs (International agencies) --- International non-governmental organizations --- NGOs (International agencies) --- Nongovernmental organizations --- Organizations, Non-governmental (International agencies) --- Private and voluntary organizations (International agencies) --- PVOs (International agencies) --- International agencies --- Nonprofit organizations --- Conflict control --- Conflict resolution --- Dispute settlement --- Management of conflict --- Managing conflict --- Management --- Negotiation --- Problem solving --- Social conflict --- Crisis management --- Internationale problemen: bijzondere vraagstukken --- Vredesonderzoek: algemeen --- Ontwikkelingshulp en -samenwerking
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