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Climbing Higher : Toward a Middle-Income Nepal. / Damir Cosic.
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- Cosic, Damir.
- Series:
- Country Economic Memorandum
- World Bank e-Library.
- Language:
- English
- Subjects (All):
- Agricultural Productivity.
- Analysis of Economic Growth.
- Demographics.
- Development Patterns and Poverty.
- Economic Management.
- Equity and Development.
- Export Development and Competitiveness.
- Inequality.
- Investment Climate.
- Poverty Monitoring & analysis.
- Poverty Reduction.
- Productivity.
- Public Sector Development.
- Public Sector Management and Reform.
- Trade and Integration.
- Local Subjects:
- Agricultural Productivity.
- Analysis of Economic Growth.
- Demographics.
- Development Patterns and Poverty.
- Economic Management.
- Equity and Development.
- Export Development and Competitiveness.
- Inequality.
- Investment Climate.
- Poverty Monitoring & analysis.
- Poverty Reduction.
- Productivity.
- Public Sector Development.
- Public Sector Management and Reform.
- Trade and Integration.
- Other Title:
- Climbing Higher
- Place of Publication:
- Washington, D.C. : The World Bank, 2017.
- System Details:
- data file
- Summary:
- Nepal's recent history of development is marred by a paradox. Many countries in the world have experienced rapid growth but modest poverty reduction, as income has increasingly concentrated in the hands of the wealthy. Nepal, however, has the opposite problem-modest growth but brisk poverty reduction. The country has halved the poverty rate in just seven years and witnessed an equally significant decline in income inequality. Yet, Nepal remains one of the poorest and slowest-growing economies in Asia, with its per capita income rapidly falling behind its regional peers and unable to achieve its long-standing ambition to graduate from low-income status.
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