Moving Up the Ladder : Poverty Reduction and Social Mobility in Nepal
Nepal is emerging from a series of crippling shocks. Barely recovered from the devastation and loss wreaked by the earthquakes in April 2015, the country experienced a near total economic seizure between September 2015 and January 2016 as cross-bor...
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Format: | Working Paper |
Language: | English en_US |
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World Bank, Kathmandu
2016
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Online Access: | http://documents.worldbank.org/curated/en/2016/09/26766322/moving-up-ladder-poverty-reduction-social-mobility-nepal-vol-2 http://hdl.handle.net/10986/25173 |
Summary: | Nepal is emerging from a series of
crippling shocks. Barely recovered from the devastation and
loss wreaked by the earthquakes in April 2015, the country
experienced a near total economic seizure between September
2015 and January 2016 as cross-border trade with India came
to a halt. The shortages of fuel, raw materials and other
essential commodities caused prices to soar, businesses to
curtail operations and the economy to register the lowest
growth experienced in the last fourteen years. This report
attempts to contribute by deepening the understanding of the
key elements of the processes that have driven improvements
in living standards and identify some of the challenges that
lie ahead. This report also performs a careful analysis of
the levels as well as the trends in inequality in last two
decades in an attempt to understand the economic
underpinnings of the demand for inclusion that has so
fundamentally shaped Nepal’s contemporary socio-political
landscape. Finally, this report also presents some novel
insights on social and economic mobility experienced by
Nepalis across generations as well as over a lifetime. |
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