Economic Development

Question 1

What are the solutions for sustainable economic development in Nepal ?

Answer 1

1. Invest in renewable energy sources.
2. Economic Zone & Corridor Developments.
3. Agricultural Ecosystem Development Strategy.
4. Tourism Infrastructure & Strategy Development .
5. Investing in infrastructure.
6. Education and Skill Development:
7. Protect the environment.
8. Strengthen the rule of law.
9. Empower women and girls.

Question 2

What are the impact of natural disasters in economy?

Answer 2

1. Significant damage to infrastructure.
2. Disrupt economic activities.
3. Negatively impact productivity and output.

Question 3

What are the impact of Trade imbalance in economy?

Answer 3

1. Put pressure on the economy.
2. Impact foreign exchange reserves.
3. Limit the capacity for economic expansion.

Question 4

What are the impact of Limited Industrial Diversification in economy?

Answer 4

1. Limited diversification into other industries
2. lack of value-added manufacturing can restrict economic growth potential.

Question 5

What are the impact of Human Capital Challenges in economy?

Answer 5

1.Hinder the growth of a skilled workforce.
2. A lack of skilled labour can limit productivity and innovation,
3. Impacting overall economic performance.

Question 6

What are the impact of Weak Financial Sector in economy?

Answer 6

1. A poorly developed financial sector can impede access to credit.
2. Limit investment opportunities.
   3.Hnder entrepreneurship and business growth.

Question 7

What are the impact of Political Instability in economy?

Answer 7

1. Create uncertain business environment..
2. This uncertainty can deter domestic and foreign investment, leading to a slowdown in economic growth.

Question 8

What are the impact of Limited Infrastructure: in economy?

Answer 8

1. Hinder productivity and economic development.
2. Increase production costs,
   3.Limit market access.
   3.Discourage investment.