Saturday, January 13, 2007

Nepal: balancing economic growth with domestic priorities

Nepal, which is situated between two superpower India and China, is one of the poorest Country in the world. India and China are recognized as one of the world's fastest growing economics and is predicted to become the fourth and third largest economy in the world by 2026, behind the USA and Japan.................
The world is changing in many different ways and, in the recent years, the unprecedented performance of developing economics has seen a shift towards a new era of economic power and influence in the global community. The six risk factors can halt future growth of Nepal.

  1. The loss of fresh water
  2. Demographics
  3. Oil peaks
  4. A globalisation backlash
  5. Health
  6. The environment