Ashesh Shrestha

The author ​​is a researcher at Samriddhi Foundation, an economic policy think tank based in Kathmandu. The views expressed in this article are the author’s own and do not represent the views of the organization.
ashesh@samriddhi.org

Urbanization, Investments and Economy

Published On: November 26, 2023 09:00 AM NPT By: Ashesh Shrestha

According to world bank data, the world’s urban population has grown from 34% in 1960 to 57% in 2022. At the same time, per capita income has grown from USD 456 to USD 12,647. However, the economic performance of South Asia has been below par in comparison to average global economic performance.