Monday, October 10, 2005

Nepal can be a global hub:

Nepal is small Himalayan kingdom situated between two future superpower China and India which will be world’s 2nd and 3rd leading economic countries respectively after USA by 2050. Nepal could take advantage from the international investment community where Western press rarely mentions that certified miracle that very large amount of global trade with China and India instead of adding “China”, “India” and “Nepal”. Let us take very simple example which I can admit that it is unscientific test-Google search about Nepal. Google search reveals over 10 times more reference linking “Nepal” and “India” than “Nepal” and “China” and 100 times more than “Nepal”, “Gorkha Army” and “Himalayan”. It is well worth to asking whether Nepal is really ready to take advantage in the regional and global economy. However, we can focus on country’s strengths and weaknesses, it would be useful to raise the question in different way “Does Nepal have the mind-set it needs to be a player in regional and global integrated economy?”
It is difficult to talk about mind-set even more difficult to talk about a nation’s mind-set. However it does seem that there are a time comes when a nation feels confident that it can take on the world, achieve any dream and meet any challenge. If we maintain this spirit, it can be an enormous aid to growth and development of our nation. The main challenge is to properly channel by government bodies, politicians, public sectors, private sectors and even every individual, as a result such spirit can be an enormous aid for development and growth of our nation. However some sociologists have criticised this argument such a spirit of nation’s atma vishwas (self confidence), we can take several examples a kind of substantial growth seen in Japan in the 1950s and 1960s, South Korea in the 1970s and, China and India today.
The economics miracle of our age has been the strength with which previously vanquished economics of Japan and West Germany have risen from the ashes of war to become two of the wealthiest societies in the world. They have achieved this result through the execution of sound manufacturing strategies clearly invented to produce high quality technology products requiring substantial research and development (R&D) expenditure and massive investment in new capital plant and machinery. China’s vast manufacturing base is raising its GDP by around 9 percent a year as a result of poorly endowed with natural resources and massive manpower.
In real life,the changes in India and China have been more profound than this suggests.Over the past few years alone, more than 100 IT and science based firms have located R&D labs in India. These are not drudge jobs: high-tech companies are coming to India to find innovators whose ideas will take the world by storm. Their recruits are young graduates, straight from India's universities and elite technology institutes, or expats who are streaming back because they see India as the place to be- better than Europe and the US. This knowlodge revoluation has begun.
This is the great opportunity for Nepal being situated between two future Superpower countries. Nepal's foreign policy is also good between both countries. There is more influence of India than China because of open border, culture, climate and so on. Today,In India high-tech is not the sole perserve of the rich. Autorickshaw drivers began using mobile phone so that customers can call for a ride. Technology companies are extending internet connections to the remote locations. Small,renewable electricity generators are appearing in villages, and the government is using home- grown space technology to improve literatecy skills and education in far flung areas.

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