Political economy and interdependence refer to bonding relationships where parties mutually rely on each other, adapting to better management of harmony, togetherness and autonomy. This requires letting go co-dependence, ego and extreme independence. However, socio-cultural environmental norms teach us to be strong, never to be weak or reveal weaknesses to others or depend on others. Growing up in such a socio-cultural setting might keep us disconnected from developments and trends occurring elsewhere.
A follow-up interaction session between National Planning Commission (NPC), attended by a senior member of the commission, and Nepal Policy Institute (NPI) was held in Bangkok on May 29 this year. During the session, NPI recalled priority issues which were proposed as development planning goals in areas of (1) food security, for Nepal’s imports of basic food items have not abated (2) lifting restrictions on foreign direct investment and (3) inducting economic diplomacy as top foreign policy instrument.
Last March one event related to the preparation of long-term periodic development plan for Nepal was discussed at the Development Council chaired by Prime Minister K P Sharma Oli. Earlier to that, Nepal Policy Institute (NPI), together with some Nepali diaspora scholars, had organized an interaction program in Bangkok with Vice-Chair of National Planning Commission (NPC) and senior government officials.