Climbing Higher : Toward a Middle-Income Nepal

Cosic, Damir ; Dahal, Sudyumna ; Kitzmuller, Markus

World Bank, Washington, DC

关键词: POVERTY REDUCTION;    ECONOMIC GROWTH;    PRODUCTIVITY;    INVESTMENT CLIMATE;    PUBLIC EXPENDITURE;   

RP-ID  :  115156

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

Nepal's recent history ofdevelopment is marred by a paradox. Many countries in theworld have experienced rapid growth but modest povertyreduction, as income has increasingly concentrated in thehands of the wealthy. Nepal, however, has the oppositeproblem-modest growth but brisk poverty reduction. Thecountry has halved the poverty rate in just seven years andwitnessed an equally significant decline in incomeinequality. Yet, Nepal remains one of the poorest andslowest-growing economies in Asia, with its per capitaincome rapidly falling behind its regional peers and unableto achieve its long-standing ambition to graduate fromlow-income status.