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News tagged 'Nepal economy'

Nexus between economic crisis and reforms

Aug 27, 2020

In economics and political sciences, a large body of literature is devoted to understanding the relationship between economic crisis and reforms. It has been well documented that a period of reforms generally follows a period of crisis. Such a phenomenon has been appropriately termed as the “crisis hypothesis”. Reforms here can mean a v...

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World Bank elevates Nepal to ‘lower middle income economy’

Jul 4, 2020

Country saw its GNI per capita rise to $1,090 in 2019, but economists says it doesn’t mean much in terms of development KATHMANDU, JULY 3 Nepal is now officially a lower-middle income country, an upgrade from its previous status as low income nation, according to the World Bank’s latest country classifications by income level publishe...

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Australian Dollar to Nepalese Rs