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The Political Economy of Underdevelopment and Poverty in Nepal (Hardcover)
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The Political Economy of Underdevelopment and Poverty in Nepal (Hardcover)
Series: Routledge Studies in Development Economics
Expected to ship within 12 - 17 working days
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This book argues that mainstream economics cannot explain the
underdevelopment and poverty of Nepal, neither can it be explained
in terms of economics alone nor capital inadequacy even, as is
conventionally believed. The author asserts that Nepal's
underdevelopment needs to be located in the nature of the state
which has been shaped by the collusion of interest among
politicians and the resulting bureaucracy, triggering the growth of
crony capitalism. The book presents a critical and radical analysis
of factors that have kept Nepal in a state of underdevelopment and
poverty, with huge section of the society in underprivileged and
deprived socio-economic conditions, despite six decades of
planning, seven decades of dependence on foreign aid, and numerous
political regime changes, from the Rana regime for over a century
from 1846-1950 through to the republic regime from 2007 onwards. To
support this argument, the book delves into an exploration of
growth performance in Nepal, government attempts at poverty
alleviation, foreign aid and its effects in the economy and the
nature of the state, with a focus on Maoists' 10-year rebellion.
Each chapter presents the existing picture and examines the
possible reasons for the failure in achieving the desired results.
A comparative analysis of Nepal's position with respect to South
Asian Association for Regional Cooperation (SAARC) countries is
also presented in a number of chapters. The audience for the book
will be students, academics and researchers, and within Nepal
itself, intellectuals, politicians, and officials of the National
Planning Commission, the central bank and other banks and financial
institutions.
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