scholarly journals Foreign Aid in Nepal

Author(s):  
Kiran Bahadur Pandey

Foreign aid is essential for least developed countries like Nepal because these countries have the shortage of fund to meet their domestic investment for accelerating economic development and also to finance the import of essential capital goods required for the development. Nepal receives foreign aid from bilateral and multilateral sources. Following a descriptive approaches this paper analyses the trend of foreign did flow in Nepal from aggregative perspective. Economic Journal of Development Issues Vol. 23&24 No. 1-2, (2017) Combined Issue, Page : 71-76

2014 ◽  
Vol 6 (01) ◽  
Author(s):  
JAVED ALAM SHEIKH

Almost 50 per cent of the world population is constituted by the women and they have been making substantial contribution to socio-economic development. But, unfortunately their tremendous contribution remains unrecognized and unnoticed in most of the developing and least developed countries causing the problem of poverty among them. Empowering women has become the key element in the development of an economy. With women moving forward, the family moves, the village moves and the nation moves. Hence, improving the status of women by way of their economic empowerment is highly called for. Entrepreneurship is a key tool for the economic empowerment of women around the world for alleviating poverty. Entrepreneurship is now widely recognized as a tool of economic development in India also. In this paper I have tried to discuss the reasons and role of Women Entrepreneurship with the help of Push and Pull factors. In the last I have also discussed the problems and the road map of Women Entrepreneurs development in India.


2016 ◽  
Vol 22 (6) ◽  
pp. 1174-1190 ◽  
Author(s):  
Namhyun Kim ◽  
HakJun Song ◽  
Ju Hyun Pyun

This study investigates the relationship among tourism, poverty, and economic development in developing countries. The empirical model is set up using unbalanced panel observations for 69 developing countries for the period 1995–2012. The findings show that tourism has heterogeneous effects on the poverty ratio in terms of a country’s income per capita: the positive effect of tourism on poverty alleviation switches to being negative after a certain threshold of a country’s income level. The results of this study indicate that only the least developed countries (those with an income per capita below international dollar 3400) have benefited from the tourism industry in terms of reducing their poverty ratios.


2016 ◽  
Vol 9 (3) ◽  
pp. 39
Author(s):  
Alex Thomas Ijjo ◽  
Isaac M. B. Shinyekwa

Endemic supply side constraints including fluctuating output levels, deficient trade infrastructure, rampant non-tariff barriers and incapacity to ensure international quality standards continue to thwart the gainful participation of many Least Developed Countries (LDCs) in an increasingly liberal global trade environment. At its 2005 Hong Kong Ministerial Conference, the World Trade Organization launched its Aid for Trade (AFT) initiative aimed at coordinating global financial support for strengthening trade capacity in Least Developed Countries (LDCs). This paper examined the effect of foreign aid, particularly Official Development Assistance, on Uganda’s external trade and its AFT component in strengthening the country’s trade capacity. Using time series Error Correction Modelling and the World Bank’s World Development Indicators and official national statistics, the paper finds small but positive aid influence on Uganda’s exports and imports and generally close alignment between aid and national priorities. However, given general aid volatility but more especially following the anti-homosexuality legislation and gross corruption allegations in the case of Uganda, the paper advises that external aid be treated as a supplement rather than a substitute for domestic financial resource mobilization in trade capacity development.


1965 ◽  
Vol 25 (4) ◽  
pp. 569-591 ◽  
Author(s):  
George Dalton

American and European economists who work in the least developed countries of Africa, Asia, or the Middle East sometimes come away with the feeling of having learned more than they imparted. Nor is this surprising: the minds of economists are often more receptive to development than are the exotic economies in which they now work. In considering problems of underdevelopment and processes of development we learn—inadvertently, as it were—new things about conventional fields of economics and about the developed economies of Europe and America. These feedbacks have been particularly valuable to economic historians who have given us fresh insights into European, Russian, Japanese, and American development as a direct consequence of the present concern with developing the backward countries. Economic history is now wedded to economic development.


Forests ◽  
2020 ◽  
Vol 11 (1) ◽  
pp. 100 ◽  
Author(s):  
Tetsuya Michinaka ◽  
Ei Hlaing ◽  
Thaung Oo ◽  
Myat Mon ◽  
Tamotsu Sato

National circumstances should be considered in establishing and adjusting forest reference emission levels (FRELs/FRLs) under the United Nations Programme on Reducing Emissions from Deforestation and Forest Degradation (UN-REDD+ Programme). Myanmar, one of the world’s least developed countries may face accelerating deforestation under an open and democratic political system that desires rapid economic development. This research analyzes the impacts of population growth and economic development on forest areas in Myanmar by using panel data analysis, an econometrics approach based on panel data of forest areas, population, and gross domestic product (GDP) by states and regions in 2005, 2010, and 2015. This research revealed that per capita GDP and population density gave statistically significant negative impacts on forest areas. Using the regression model obtained above, medium population growth projections, and three GDP development scenarios, annual forest areas from 2016 to 2020 were forecast. The forecasting results showed possible higher deforestation under higher economic development. Finally, this research showed the necessity of adjusting the current average deforestation for RELs in the REDD+ scheme in Myanmar and the direction in which the adjustment should go.


Author(s):  
Mugaahed Abdu Kaid Saleh ◽  
Manjunath K.R.

Purpose: The stud aims to compare the status of entrepreneurship activities and the encouragement of entrepreneurship in the five least-developed countries: Afghanistan, Bangladesh, Rwanda, Sudan, and Yemen. Approach/Methodology/Design: A comparative method is adopted, a comparison of the status of entrepreneurship among five different least developed countries (Afghanistan, Bangladesh, Rwanda, Sudan, and Yemen). By relying on secondary data, with the help of tabulation and visualization of the data, four main variables are used to compare entrepreneurship in these countries (Definition, development, obstacles, and reforms). Findings: The results showed that the least developed countries do not pay much attention to the sector of SMEs as a crucial sector for economic development. Among the five countries, Rwanda is found to be the reference point in achieving remarkable development in the aspect of entrepreneurial development. Practical Implications: Based on the different experiences examined in the study, a model of the key drivers of entrepreneurial change is suggested. It would act as a roadmap to drive the economy towards achieving entrepreneurial change as in the case of Rwanda. Originality/value: The study proposes a model for embracing entrepreneurial change which can be tested and validated in further research work. The study also attempts to attract the attention of policymakers and international development partners towards the importance of encouraging entrepreneurship activities in the least developed countries.


2011 ◽  
Vol 7 (4) ◽  
pp. 511-516 ◽  
Author(s):  
YOUNG BACK CHOI

Abstract:In his critique of the newer approach in economic development emphasizing institutional reforms, Ha-Joon Chang, in his article titled ‘Institutions and Economic Development: Theory, Policy and History’, equates New Institutional Economics with the program of liberal reforms for least developed countries (LDCs) and blames the former for the alleged failure of the latter. He argues with some justice that the dominant discourse in New Institutional Economics insufficiently appreciates the complexity of institutions; as a consequence, the difficulty of transplanting institutions is largely discounted. His case, however, is marred by his attempt to push down his ideological biases by marshalling inchoate, highly questionable and often contradictory ideas as facts. Going beyond a critical examination of the New Institutional Economics inspired discourse in development economics, he advocates his own version of beneficial development policies for LDCs – namely, economic democracy and industrial policies. His proposals are not only highly questionable, but they amount to adopting a double standard of exempting himself from the very criticisms he levies against New Institutional Economics – ignoring the difficulty of importing foreign institutions. Presuming to play God, like many development economists, he ignores the essential fact that an unwilling horse cannot be made to drink.


2019 ◽  
Vol 3 (4) ◽  
pp. 5-12
Author(s):  
Malachy AUgbaka ◽  
Abayomi Awujola ◽  
Tatiana Shcherbyna

Foreign aid supplements internal resources required for economic development and growth in less developed countries (LDCs). Foreign inflows have bolstered a number of economic recuperation, reconstruction efforts and structural adjustment programs organized to haul the Africa economy out of a precarious decay. Discussions of foreign aid have concentrated on Africa since it has gotten the best measure of help on per capita premise than some other area; yet economic performance has been the weakest. In any case, economic development, foreign aid and poverty reduction has not enjoyed such interest in literature as it is ordinarily subsumed. This paper tries to build up a model between economic development, foreign aid and poverty reduction and decide if there is even a nexus between these three ideas by analyzing data from Nigeria. Utilized time series secondary data from World Development Indicators (WDI) mulling over Nigeria for the period which data were accessible. The study went on to perform correlation and regression analysis using GNP per capita as proxy for economic development as the dependent variable and poverty headcount(proxy for poverty reduction), gross capital formation, foreign aid, GDP per capita growth, inflation rate and growth of government expenditure as independent variables. It was observed that only gross capital formation have statistically significant relationship with GNP per capita while growth of government expenditure has the effect on GNP per capita. The results reveal that there is a positive relationship between economic development, foreign aid and poverty reduction. This implies foreign aid promotes economic development and poverty elimination. The government has a responsibility to battle against poverty and its efforts at predictable strategic economic development are significant in poverty reduction by spending the aid money for direct production programs. Keywords: foreign aid, economic development, poverty reduction.


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