Advancing social justice, promoting decent work
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Nepal: Critical development constraints - country diagnostics studies
The country study is a collaborative effort by the Asian Development Bank (ADB), UK Department for International Development (DfID) and International Labour Organization (ILO) and examines the main factors holding back the country's development progress.
Nepal: Critical Development Constraints presents a diagnosis of Nepal’s economy. The diagnosis was led by the Asian Development Bank (ADB) and jointly undertaken with the United Kingdom’s Department for International Development (DFID) and the International Labour Organization (ILO).
Nepal’s pace of growth and poverty reduction has lagged behind that of other South Asian countries. The country diagnostic study inquiries into the causes for Nepal ’s slow growth vis-à-vis that of other South Asian economies by posing three questions:
• What are the critical factors constraining investments, both domestic and foreign?
• What should policy-makers do to revive investment, particularly by the private sector?
• How can the growth be made more inclusive?
The inquiry and the results thereof aim to assist the work of government, development agencies, and the private sector to achieve a higher, more equitable growth path to benefit the people of Nepal.
