A Vision for Nepal : Policy Notes for the Government, Volume 1. Synthesis Report

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dc.creatorWorld Bank Group
dc.date2014-09-12T20:38:09Z
dc.date2014-09-12T20:38:09Z
dc.date2014
dc.date.accessioned2026-07-01T00:55:57Z
dc.descriptionNepal needs a new economic model to achieve faster and sustained growth as well as further improvements in human development and poverty outcomes. Economic growth, while ro¬bust at around 4 percent annual average since 2005, is far from the level needed to achieve the government s ambitious targets. The economy, highly dependent on remittances, lacks the nec¬essary dynamism. While substantial gains have been made to reduce poverty and expand access to services, achieving further progress will require more determined and targeted state intervention. To redefine Nepal s growth model, public policy should focus on 3 I s: Investment, In¬frastructure, and Inclusion. Investment is the bedrock of a sustainable growth model but in Nepal, the state, firms and households critically under-invest, with gross fixed capital formation between 19.9 and 22.2 percent of GDP over the past decade (compared to 30 percent or more in fast-growing countries in East Asia). In order to unlock investment as well as to expand access to services and opportunities for all, public infra¬structure is critical, but Nepal is under-connected and under-powered. Finally, growth alone will not deliver continued fast progress on inequality and poverty reduction unless the growth model is calibrated for inclusion, which in turn can help sustain dynamic growth.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/2014/01/20155498/vision-nepal-policy-notes-government-three-growth-investment-infrastructure-inclusion-vol-1-2
dc.identifierhttps://hdl.handle.net/10986/20098
dc.identifierhttps://doi.org/10.1596/20098
dc.identifier.urihttp://hdl.handle.net/123456789/413142
dc.languageEnglish
dc.publisherWashington, DC
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCESS TO SERVICES
dc.subjectACCOUNTING
dc.subjectAGRICULTURAL DEVELOPMENT
dc.subjectAGRICULTURAL INPUTS
dc.subjectAGRICULTURAL PRODUCTIVITY
dc.subjectAGRICULTURAL SECTOR
dc.subjectAIR
dc.subjectASSET MANAGEMENT
dc.subjectBALANCE OF PAYMENTS
dc.subjectBANKING CRISIS
dc.subjectBANKING SECTOR
dc.subjectBANKING SYSTEM
dc.subjectBENEFICIARIES
dc.subjectBETTER ACCESS TO MARKETS
dc.subjectBOTTLENECKS
dc.subjectBRIDGE
dc.subjectBUDGET SURPLUS
dc.subjectBUDGETING
dc.subjectBUS
dc.subjectBUS SERVICES
dc.subjectCAPITAL ADEQUACY
dc.subjectCAPITAL BASES
dc.subjectCAPITAL FORMATION
dc.subjectCASH TRANSFER
dc.subjectCASH TRANSFERS
dc.subjectCONFLICT
dc.subjectCONFLICTS OF INTEREST
dc.subjectCOST EFFECTIVENESS
dc.subjectCOUNTRY RISKS
dc.subjectCREDIT GUARANTEE
dc.subjectCREDIT INFORMATION
dc.subjectCREDIT LINES
dc.subjectCREDIT REPORTING
dc.subjectCREDIT SQUEEZE
dc.subjectCURRENCY
dc.subjectDEBT
dc.subjectDECENTRALIZATION
dc.subjectDEPOSIT
dc.subjectDEPOSIT INSURANCE
dc.subjectDEVELOPING COUNTRY
dc.subjectDEVELOPMENT BANK
dc.subjectDRIVERS
dc.subjectDRIVING
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC DIVERSIFICATION
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIES OF SCALE
dc.subjectELASTICITY
dc.subjectEMERGING ECONOMIES
dc.subjectEQUITY INSTRUMENTS
dc.subjectEXCESS LIQUIDITY
dc.subjectEXCHANGE RATE
dc.subjectEXCHANGE RATES
dc.subjectEXPENDITURE
dc.subjectEXPENDITURES
dc.subjectEXPORT PERFORMANCE
dc.subjectFINANCE INFRASTRUCTURE
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL FLOWS
dc.subjectFINANCIAL INSTITUTION
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFINANCIAL MANAGEMENT
dc.subjectFINANCIAL PERFORMANCE
dc.subjectFINANCIAL STABILITY
dc.subjectFINANCIAL SUSTAINABILITY
dc.subjectFINANCIAL SYSTEM
dc.subjectFIXED CAPITAL
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFOREIGN EXCHANGE
dc.subjectFOREIGN INVESTMENT
dc.subjectFOREIGN INVESTORS
dc.subjectFUEL
dc.subjectFUEL SAVINGS
dc.subjectFUELS
dc.subjectGOVERNMENT GUARANTEE
dc.subjectGOVERNMENT GUARANTEES
dc.subjectGOVERNMENT INVESTMENT
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectGUARANTEE FUND
dc.subjectHUMAN CAPITAL
dc.subjectHUMAN CAPITAL DEVELOPMENT
dc.subjectHUMAN DEVELOPMENT
dc.subjectHUMAN DEVELOPMENT INDEX
dc.subjectHUMAN RESOURCES
dc.subjectIMPACT ON POVERTY
dc.subjectINCOME
dc.subjectINCOME DISTRIBUTION
dc.subjectINCOME GROWTH
dc.subjectINCOME INEQUALITY
dc.subjectINCOME TAX
dc.subjectINDEBTEDNESS
dc.subjectINDICATORS OF POVERTY
dc.subjectINFLATION
dc.subjectINFORMATION SYSTEM
dc.subjectINFRASTRUCTURE DEVELOPMENT
dc.subjectINFRASTRUCTURE INVESTMENT
dc.subjectINFRASTRUCTURE PROJECTS
dc.subjectINTERNATIONAL AIRPORT
dc.subjectINTERNATIONAL DEVELOPMENT
dc.subjectINTERNATIONAL FINANCE
dc.subjectINTERNATIONAL POVERTY LINE
dc.subjectINTERNATIONAL SETTLEMENT
dc.subjectINVESTING
dc.subjectINVESTMENT ACTIVITIES
dc.subjectINVESTMENT CLIMATE
dc.subjectINVESTMENT OPPORTUNITIES
dc.subjectINVESTMENT POLICY
dc.subjectINVESTMENT RATE
dc.subjectIRRIGATION
dc.subjectLABOR MARKETS
dc.subjectLAND TRANSPORT
dc.subjectLAND USE
dc.subjectLAND VALUE
dc.subjectLEASE AGREEMENT
dc.subjectLEGAL FRAMEWORK
dc.subjectLIQUIDITY
dc.subjectLIQUIDITY CRISIS
dc.subjectLIVING STANDARDS
dc.subjectLOCAL GOVERNMENT
dc.subjectLOCAL INFRASTRUCTURE
dc.subjectLONG TERM ASSET
dc.subjectMACROECONOMIC ENVIRONMENT
dc.subjectMARKET ACCESS
dc.subjectMARKET STRUCTURE
dc.subjectMICRO FINANCE
dc.subjectMOBILITY
dc.subjectMONETARY FUND
dc.subjectNATIONAL SAVINGS
dc.subjectNON PERFORMING LOANS
dc.subjectNPL
dc.subjectOLD-AGE PENSION
dc.subjectOPPORTUNITY COST
dc.subjectOPPORTUNITY COSTS
dc.subjectOUTPUT LOSS
dc.subjectPARTIAL RISK
dc.subjectPAYMENT DEFAULT
dc.subjectPAYMENT SYSTEM
dc.subjectPEAK DEMAND
dc.subjectPEDESTRIAN
dc.subjectPEDESTRIAN INFRASTRUCTURE
dc.subjectPER CAPITA CONSUMPTION
dc.subjectPHYSICAL ASSETS
dc.subjectPOLITICAL STABILITY
dc.subjectPOOR
dc.subjectPOOR POLICY
dc.subjectPOPULATION GROWTH
dc.subjectPORTFOLIO
dc.subjectPORTFOLIO DIVERSIFICATION
dc.subjectPOVERTY ERADICATION
dc.subjectPOVERTY ESTIMATES
dc.subjectPOVERTY GAP
dc.subjectPOVERTY IMPACT
dc.subjectPOVERTY LEVELS
dc.subjectPOVERTY LINE
dc.subjectPOVERTY RANKINGS
dc.subjectPOVERTY REDUCTION
dc.subjectPRIVATE CAPITAL
dc.subjectPRIVATE FINANCING
dc.subjectPRIVATE INVESTMENT
dc.subjectPRIVATE INVESTORS
dc.subjectPRIVATE TRANSFERS
dc.subjectPUBLIC FINANCES
dc.subjectPUBLIC INVESTMENT
dc.subjectPUBLIC TRANSPORT
dc.subjectPUBLIC WORKS
dc.subjectPURCHASING POWER
dc.subjectQUALITY OF TRANSPORT
dc.subjectQUALITY OF TRANSPORT SERVICES
dc.subjectRATES OF RETURN
dc.subjectRE-INVESTMENT
dc.subjectREAL INTEREST
dc.subjectREAL INTEREST RATES
dc.subjectREMITTANCE
dc.subjectREMITTANCES
dc.subjectREMOTE REGIONS
dc.subjectREPAYMENT
dc.subjectRESERVE
dc.subjectRETURNS
dc.subjectRIGHT OF WAY
dc.subjectRISK AVERSION
dc.subjectROAD
dc.subjectROAD NETWORK
dc.subjectROADS
dc.subjectRURAL
dc.subjectRURAL AREAS
dc.subjectRURAL DEVELOPMENT
dc.subjectRURAL ECONOMY
dc.subjectRURAL INCOME
dc.subjectRURAL PHENOMENON
dc.subjectRURAL WATER
dc.subjectRURAL WATER SUPPLY
dc.subjectSAFETY
dc.subjectSAFETY NET
dc.subjectSAFETY NETS
dc.subjectSANITATION
dc.subjectSOCIAL IMPACTS
dc.subjectSOCIAL POLICIES
dc.subjectSOCIAL SAFETY NETS
dc.subjectSOLVENCY
dc.subjectSTATE GUARANTEE
dc.subjectTARGETING
dc.subjectTAX RATES
dc.subjectTELECOMMUNICATIONS
dc.subjectTERMS OF CREDIT
dc.subjectTERRORISM
dc.subjectTRAFFIC
dc.subjectTRAFFIC MANAGEMENT
dc.subjectTRANSACTION
dc.subjectTRANSACTION COSTS
dc.subjectTRANSPARENCY
dc.subjectTRANSPORT
dc.subjectTRANSPORT FACILITIES
dc.subjectTRANSPORT INFRASTRUCTURE
dc.subjectTRANSPORT INVESTMENT
dc.subjectTRANSPORT INVESTMENTS
dc.subjectTRANSPORT SECTOR
dc.subjectTRANSPORTATION
dc.subjectTREASURY
dc.subjectTRIP
dc.subjectTRUE
dc.subjectTRUST FUND
dc.subjectURBAN TRANSPORT
dc.subjectVILLAGE DEVELOPMENT
dc.subjectWALKING
dc.subjectWAR
dc.subjectWITHHOLDING TAX
dc.titleA Vision for Nepal : Policy Notes for the Government, Volume 1. Synthesis Report

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