Udaya Raj Adhikari's Blog

Nepal's economy is expected to grow by 5.5 percent in the current fiscal year 2018-19 that began in mid-July, down from 5.9 percent in the last fiscal.(ADB Report ,2018).In a report titled 'Nepal Macroeconomic Update' unveiled by the Asian lender, it has pointed out the limited capacity of provincial and local governments formed after last year's elections and challenges to smooth implementation of federalism as the factors that could pose risks to growth. There are many least developing countries those who are facing for problem in achieving a sustainable growth rate due to high vulnerability to external shocks, human resource weakness criterion and Low-income criterion. Among these three reasons, economic shock is most which is like a volatile commodity price due to limited production and export as well as increasing food prices due to their relatively low agricultural productivity.(Economic Growth and Structural Change: Priorities for the Least Developed Countri

A balance of payments (BOP) deficit or surplus represents a transient stock adjustment process evoked by initial inequality between actual; and desired money stock. The monetary approach maintains that the BOP are essentially a monetary phenomenon and the root cause in the payments imbalances are the disequilibrium between the demand for and supply of money. This proposition is often called strong version of the monetary approach. As the Elasticity and Absorption approaches fail to provide the correcting measures of balance of payments deficit in the less developing countries; another approach is still available which is known as the Monetary Approach to the Balance of Payments. According to the monetary approach, the balance of payments is purely a monetary phenomenon. Being a monetary phenomenon, it can be corrected only through the monetary measures. According to the monetary approach, the balance of payments is a monetary phenomenon is related to inflow and outflow of internati

As a manager, you probably fulfill many different roles every day. For instance, as well as leading your team, you might find yourself resolving a conflict, negotiating new contracts, representing your department at a board meeting, or approving a request for a new computer system. Henry Mintzberg argued that there are ten primary roles or behaviors that can be used to categorize a manager's different functions. In this article we'll examine these roles, and we'll see how you can use your understanding of them to improve your management skills. The Roles Mintzberg published his Ten Management Roles in his book, "Mintzberg on Management: Inside our Strange World of Organizations," in 1990. The ten roles are:( FLL - MDS -   EDRN ) 1.      Figurehead. 2.      Leader. 3.      Liaison. 4.      Monitor. 5.      Disseminator. 6.      Spokesperson. 7.      Entrepreneur. 8.      Disturbance Handler. 9.      Resource Allocator. 10.   Negotiator.

Before the global health crisis began , banks usually had a surplus foreign exchange on account of remittance which makes up more than 26 % of the GDP. They had extra funds which they sold to the central bank after fulling their market requirements. The central banks maintain foreign exchange based on the funds received from all banks and financial institutions. For instance if banks are not receiving sufficient foreign exchange reserves from tourism, export, and other factors of external sectors due to the decrease in the inflow of remittance. Then there will be low selling foreign exchange to the central bank by commercial banks. Since, Nepal is heavily dependent on the import of a number of essential goods such as food items, medicine, and petroleum products. With COVID-19 and recent lockdown across the globe, there is a rapid slowdown in foreign exchange into the nation. The inflow to go down further until the situation improves. As a result there will be a hard hit in the reserve