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Why is Nepal still struggling economically despite its potential for growth? What is preventing investment, and why is the government unable to spend its budget effectively?
In this episode, we sit down with Dr. Achyut Prasad Wagle, Economic Professor and Former Vice-Chancellor of Kathmandu University, to discuss Nepal’s economic situation, development challenges, and the policies needed for sustainable economic growth.
We explore Nepal’s economic status, government spending, capital expenditure, and foreign reserves. Dr. Wagle discusses the role of foreign direct investment (FDI), the conditions Nepal needs to attract investors, and the challenges surrounding economic policy and development.
The conversation also examines the role of middlemen, the size of the global war economy, and how international conflicts could affect Nepal’s economy. We look ahead at the potential impact of artificial intelligence on the economy, Nepal’s actual economic strengths, and what the country should prioritize for future growth.
Can Nepal create better conditions for investment and make stronger use of its economic potential?
Watch the full conversation and share your thoughts in the comments. What should Nepal prioritize to achieve sustainable economic growth?
Subscribe for more conversations on Nepal’s economy, politics, development, science, and society.
GET CONNECTED WITH Dr. Achyut Prasad Wagle:
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Google Scholar - https://scholar.google.com/citations?user=AsIv_VUAAAAJ&hl=en
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Conversations spark ideas and ideas lead to actions that drive the growth of society. I believe long and unfiltered deep conversation is a lost art in this nearly perfectly presented world. And this is my attempt to have real conversations with real minds and present them to you. The goal is to learn from the greatest minds and take you on the journey.
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