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Remittance inflows pose Dutch Disease risk in Nepalese economy
August 16, 2023 08:37 am
Poverty, income inequality, and low domestic production capacity are significant issues in the country. Import rates are rising rapidly, while export growth remains sluggish. Both the agricultural and industrial sectors face inadequate investment. Additionally, the economy is hampered by insufficient physical infrastructure, energy crises, and political instability. The reliance on imported goods leads to a prominent trend of marginal consumption. Furthermore, the weak investment multiplier and low capital formation contribute to the challenges faced by the economy.
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