KATHMANDU, Feb 15: Prime Minister Pushpa Kamal Dahal said the rich intellectual heritage founded on native and indigenous knowledge systems of the South can help provide answers to the global problems today - be it the question of medicine, lifestyle or peace.

Is Nepal the winner of globalization?

August 24, 2023 09:30 am

Globalization is a "process" of integration with the world economy; liberalization is the "means" of such a process and growth is the "end" of both liberalization and globalization. Globalization is the growing unification of global economies and societies through unhindered movement of goods, services and people and information across national borders.

The increasing trend of globalization, coupled with political infightings and instability, has resulted in a significant number of Nepalese youths seeking employment abroad as their only viable option. Additionally, the failure of Nepal's leadership to implement effective job employment opportunities and modernization in the agricultural sector has further exacerbated this trend.

A new tone in US-China relations?

January 28, 2021 09:15 am

With Joe Biden as America’s president, the world hopes that the United States will shift away from Trump’s disruptive confrontational approach toward China relations and embark on a path of pragmatic engagement.

NEW HAVEN – The COVID-19 pandemic seems to have curtailed globalization in ways that the current US administration could scarcely have dreamed up even a year ago. But, viewed in a broader context, this year’s retreat from globalization is merely the latest chapter in an ongoing process that has left the developing world increasingly pessimistic about pursuing export-driven growth as a path out of poverty.

Ownership Concentration

January 25, 2020 09:22 am

DUBAI – If the global economy were a chess game, few pieces would be left on the board. Most would be relegated to the role of bystanders, observing a concentration of power in the hands of an ever-dwindling number of global players. Now let us imagine that the pieces left standing are corporate entities, with a shrinking number of ultimate owners at the helm. This analogy fundamentally characterizes the global economy today.

Mothers can change the world

December 29, 2019 11:27 am

Globalization and modern lifestyle is posing a threat to family system in all parts of the world. Crumbling traditional family system has added further burdens to the mothers though family and motherhood are the foundations that establish culture and civilization.

Disrupting visual order

December 8, 2019 11:09 am

It did get a bit awkward walking into a hair and beauty salon on the eve of my marriage. No doubt I wanted to look good, but I felt guilty about spending a handsome amount on a facial that would barely last twenty-four hours. There is a well-established visual order in our day to day lives. I think I had just dared to challenge one by consenting to have the beautician bombard my face with numerous cosmetics. The glow on my face on the big day could be partly attributed to this investment and hence provided some consolation. I get complimented when I put on my favorite bright pink shirt to work. I presume the complements are a consequence of a disturbance in the visual order brought about by feminine tag to the pink.

Your daily dose of missed important news of the day.

KATHMANDU, April 17: At a time when a section of scholars from the Western coutries are arguing that the globalization is coming to an end, a Chinese scholar said on Wednesday that the globalization has entered into a new phase.

Save Mother Earth

February 16, 2019 12:30 pm

Since I'm thinking think to write on save mother earth, I am quite passionate about the modern history of globalization.

Globalization killed our mother

January 28, 2019 00:30 am

While the produce and proceeds of crime flow seamlessly across borders, justice and law enforcement remain largely trapped, and are being steadily undermined

My message to Global leaders

January 21, 2019 12:01 pm

Earth is having a fever. Its temperature is rising and it’s already hot, getting much colder in winter. It’s normal but the time lapse is something happening unexpectedly soon

How can we improve our export?

November 4, 2018 00:10 am

Nepali industries have been receiving protection for many years. The protection has resulted in our industries not willing to go beyond the home market. It is a great irony that Nepali industrialists and traders are still looking for the assured market.

Is globalization working?

July 5, 2018 01:00 am

Has the globalization been really working out? Have the least developed countries (LDCs) like Nepal been at the benefitting end?

GENEVA, June 15: President Bidya Devi Bhandari has said the decent work agenda promoted by International Labour Organization constitutes a key pillar of fair globalization where everyone becomes a winner. This goal can be achieved if every State accords due regard to the dignity and value of work.

WASHINGTON (AP) — Global finance leaders on Saturday dropped a sharp condemnation of trade protectionism and references to climate change from a closing statement that wrapped up the spring meetings of the 189-nation International Monetary Fund and the World Bank.

In defense of globalization

January 19, 2017 00:15 am

Economic inequality among countries has declined sharply in past 20 years, partly due to China’s rise

An international study by the London School of Economics has highlighted the link between globalization and rising obesity levels, with authors confirming that our modern lifestyles have had a profound effect on our overall health.