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After years of macroeconomic stability, the global crisis is having a substantial, albeit somewhat delayed, impact on Nepal’s economy and exposing its structural weaknesses. Although the Nepalese rupee appears modestly overvalued, maintaining the peg should remain a key near-term policy objective. Risks in the financial sector are coming to a head and need to be addressed urgently. The Nepal Rastra Bank (NRB)’s recent directives are welcome, but enforcement is crucial to their effectiveness. Bank licensing policy needs to be tightened, banking sector consolidation incentivized, and state-controlled bank reform tackled.
Nepal -- Economic conditions -- 21st century. --- Nepal -- Economic conditions. --- Nepal -- Economic policy. --- Banks and Banking --- Exports and Imports --- Money and Monetary Policy --- Public Finance --- Industries: Financial Services --- Finance: General --- International Lending and Debt Problems --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- Remittances --- Debt --- Debt Management --- Sovereign Debt --- Monetary Policy, Central Banking, and the Supply of Money and Credit: General --- Trade: General --- International economics --- Banking --- Public finance & taxation --- Monetary economics --- Finance --- Public debt --- External debt --- Credit --- Balance of payments --- Money --- Financial sector --- Economic sectors --- Debts, External --- Banks and banking --- International finance --- Financial services industry --- Debts, Public --- Nepal --- Economic conditions --- Economic conditions. --- Economic policy.
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Economic development -- Nepal. --- Nepal -- Economic conditions -- 21st century. --- Nepal -- Politics and government -- 21st century. --- Nepal -- Social conditions -- 21st century. --- Government - Non-U.S. --- Law, Politics & Government --- Government - Asia --- Economic development --- Nepal --- Politics and government --- Economic conditions --- Social conditions --- Development, Economic --- Economic growth --- Growth, Economic --- Nīpāl --- Ni-po-erh --- Nepāḥ --- Nepal Adhirajya --- Kingdom of Nepal --- Nepāla --- Federal Democratic Republic of Nepal --- Sanghiya Loktāntrik Ganatantra Nepāl --- Непал --- Savezna Demokratska Republika Nepal --- República Federal Democràtica del Nepal --- Kongeriget Nepal --- Demokratische Bundesrepublik Nepal --- Νεπάλ --- Nepalo --- Federacia Demokratia Respubliko Nepalo --- República Federal Democrática de Nepal --- Nepali Demokraatlik Liitvabariik --- Nepalgo Errepublika Demokratiko Federala --- Nepalin demokraattinen liittotasavalta --- République démocratique fédérale du Népal --- נפאל --- Sambandslýðveldið Nepal --- ネパール --- Nepāru --- 네팔 --- Nepalia --- Federale Democratische Republiek Nepal --- Nepālas Federālā Demokrātiskā Republika --- Федеративная Демократическая Республика Непал --- Federativnai︠a︡ Demokraticheskai︠a︡ Respublika Nepal --- Савезна Демократска Република Непал --- Республіка Непал --- Respublika Nepal --- Федеративна Демократична Республіка Непал --- Federatyvna Demokratychna Respublika Nepal --- Cộng hòa dân chủ liên bang Nepal --- 尼泊尔 --- Nibo'er --- Economic policy --- Economics --- Statics and dynamics (Social sciences) --- Development economics --- Resource curse
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