Major Macroeconomic Indicators of Nepal, 2017

International Monetary Fund ,World Economic Outlook Database, October 2017 published major macroeconomic (economic and financial) indicators of 193 countries in the world. I tried to extract information about Nepal from their web portal . I was more interested on their estimate for next 5 years (till 2022). Some of the indicators estimated are not much encouraging, and overall economic growth is estimated to be sluggish.

Read More

Filthy Rich to Filthy Poor Countries

This is a fact sheet published by Global Finance on GDP based on purchasing -power-parity (PPP) per capita of 189 countries in the world. The Qatar ranks first ($129726) and Nepal ranks 162 with ($2480 PPP per capita / year). This report is for year 2016 and data was collected from International Monetary Fund, World Economic Outlook Database, October 2016.
Definitely, GDP is not 100 % accurate to measure wealth, but it's a one of the best proxy indicator of wealth when measured based on purchasing- power parity.

[Complete list of 189 countries GDP in this link : https://www.gfmag.com/global-data/economic-data/richest-countries-in-the-world?page=12 ]

Read More

How downsizing global poverty helps country like U.S.

Global peace and harmony has become like a rare entity. Fight for power, religion, race, ethnicity and resources are not new material, however, the nature of fight has changed a lot. Real loser are always poor countries. This is true, almost all the poor countries are directly or indirectly influenced in their policies, peace and harmony, and economy by other countries- mostly the powerful one. In most of the cases, those poor countries fight in between, their real requirements of development and situation led by influence.Yes, poor are loser, however, at the same time, influencing are not the gainer. Here comes, how these influencing countries can utilize this opportunities, to make a win win situation. 

I was going through the profile of "The Borgen Project", a project based on USA and works for global poverty crisis minimization. I am sharing few of the points made by the project that I really liked.

2 Ways Downsizing Global Poverty Helps the U.S.

1. Creates Job : Detail-  http://borgenproject.org/global-poverty-u-s-jobs/

2. Improves national security : Detail- http://borgenproject.org/national-security-and-global-poverty/

To conclude with, I agree with the statement made by the project that "Small investments in the poor = Big return on investment for the United States". The phrase U.S. can be replaced with any of  big economies of the world.

Disclaimer :"This is a informal testimony from my side, to a vision provided by a project".

Read More

Agriculture Output Growth of Nepal

Source :2017 Global Food Policy Report, International Food Policy Research Institute(IFPRI)

Read More

Crop modelling for GHG emission estimation

Read More