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Friday, November 28, 2014

Highlights of the 18th SAARC Summit Declaration

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The 18th SAARC Summit was held in Kathmandu on 26-27 November 2014. The most prominent regional feature was the agreement on the framework ...
Friday, November 14, 2014

Historical path and growth forecast: Regression to the mean

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Lant Pritchett and Lawrence Summers argue that growth forecasters should taken into account the potential of a slowdown in China and India, ...
Saturday, November 8, 2014

Minimum wage and productivity in Nepal and South Asia (plus China)

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Here is an update on the minimum wage and labor productivity in South Asia (plus China). In 2012, in a series of blog posts ( here and here...
Wednesday, October 29, 2014

Doing Business 2015: Nepal ranked second in South Asia (globally, 108 out of 189 economies)

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In its latest Doing Business 2015 : Going Beyond Efficiency , the WBG has ranked Singapore as the top economy in terms of ease of doing busi...
Monday, October 27, 2014

Structural transformation and fundamentals: Where does Nepal stand?

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Here is an interesting presentation by Prof. Dani Rodrik, who explores new growth strategies in the context of the increasing value added a...
Sunday, October 19, 2014

Nepal’s industrialization and global value chain

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Here is an abstract from a recent ADB economics working paper by Yurendra Basnett and Posh Raj Pandey: The world’s trade landscap...
Tuesday, October 14, 2014

Manufacturing-led growth is still more powerful than services-led growth in low-income countries

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Dani Rodrik is skeptical that “a services-led model can deliver rapid growth and good jobs in the way that manufacturing once did”. Excerpt...