From Evidence to Policy : Supporting Nepal’s Trade Integration Strategy

In the last decades, slow growth and job creation have encouraged emigration, further dampening domestic sources of growth in Nepal. Tepid growth over the past decade, the slowest in the region, has resulted in few jobs being created, leading to mo...

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Main Author: World Bank Group
Format: Report
Language:English
en_US
Published: World Bank, Washington, DC 2016
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2016/07/26563867/evidence-policy-supporting-nepal’s-trade-integration-strategy
http://hdl.handle.net/10986/24979
id okr-10986-24979
recordtype oai_dc
spelling okr-10986-249792021-05-25T08:50:34Z From Evidence to Policy : Supporting Nepal’s Trade Integration Strategy World Bank Group trade policy regional integration In the last decades, slow growth and job creation have encouraged emigration, further dampening domestic sources of growth in Nepal. Tepid growth over the past decade, the slowest in the region, has resulted in few jobs being created, leading to more Nepalese workers seeking opportunities abroad. Their remittances have helped reduce poverty in the country and finance increasingly large trade deficits. Like other inflows of foreign exchange, remittances have led to an appreciation of the real exchange rate. This has adversely affected export competitiveness and has had no positive effects on productivity (unlike foreign direct investment). This report attempts to determine the extent to which these obstacles can be alleviated by policy decisions, as well as exactly which policy decisions should be prioritized. The policy notes included in this report aim at supporting the National Trade and Integration Strategy (NTIS) through an evidence-based approach. To do so, these notes combine the following elements: (i) existing analysis on Nepal’s competitiveness from different angles (including existing competitiveness assessments on transport, access to finance, the tourism sector, previous trade competitiveness reports, and so forth); (ii) international experience from comparator countries on good practices for trade policy reforms; (iii) new analysis for Nepal, applying cutting-edge methods on a wide set of databases; and (iv) field-level interviews with the private sector, and consultations with donors and the Government of Nepal. 2016-08-29T21:25:37Z 2016-08-29T21:25:37Z 2016-01 Report http://documents.worldbank.org/curated/en/2016/07/26563867/evidence-policy-supporting-nepal’s-trade-integration-strategy http://hdl.handle.net/10986/24979 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Economic & Sector Work :: Policy Note Economic & Sector Work South Asia Nepal
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic trade policy
regional integration
spellingShingle trade policy
regional integration
World Bank Group
From Evidence to Policy : Supporting Nepal’s Trade Integration Strategy
geographic_facet South Asia
Nepal
description In the last decades, slow growth and job creation have encouraged emigration, further dampening domestic sources of growth in Nepal. Tepid growth over the past decade, the slowest in the region, has resulted in few jobs being created, leading to more Nepalese workers seeking opportunities abroad. Their remittances have helped reduce poverty in the country and finance increasingly large trade deficits. Like other inflows of foreign exchange, remittances have led to an appreciation of the real exchange rate. This has adversely affected export competitiveness and has had no positive effects on productivity (unlike foreign direct investment). This report attempts to determine the extent to which these obstacles can be alleviated by policy decisions, as well as exactly which policy decisions should be prioritized. The policy notes included in this report aim at supporting the National Trade and Integration Strategy (NTIS) through an evidence-based approach. To do so, these notes combine the following elements: (i) existing analysis on Nepal’s competitiveness from different angles (including existing competitiveness assessments on transport, access to finance, the tourism sector, previous trade competitiveness reports, and so forth); (ii) international experience from comparator countries on good practices for trade policy reforms; (iii) new analysis for Nepal, applying cutting-edge methods on a wide set of databases; and (iv) field-level interviews with the private sector, and consultations with donors and the Government of Nepal.
format Report
author World Bank Group
author_facet World Bank Group
author_sort World Bank Group
title From Evidence to Policy : Supporting Nepal’s Trade Integration Strategy
title_short From Evidence to Policy : Supporting Nepal’s Trade Integration Strategy
title_full From Evidence to Policy : Supporting Nepal’s Trade Integration Strategy
title_fullStr From Evidence to Policy : Supporting Nepal’s Trade Integration Strategy
title_full_unstemmed From Evidence to Policy : Supporting Nepal’s Trade Integration Strategy
title_sort from evidence to policy : supporting nepal’s trade integration strategy
publisher World Bank, Washington, DC
publishDate 2016
url http://documents.worldbank.org/curated/en/2016/07/26563867/evidence-policy-supporting-nepal’s-trade-integration-strategy
http://hdl.handle.net/10986/24979
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