Udaya Raj Adhikari's Blog

The National Planning Commission has drafted an Approach Paper to graduate from a least developed country to a developing country by 2022 .This is part of government plan announced in the 12th periodic plan and reinforced in the 13th plan. The approach paper to 13th Plan envisages Nepal to graduate to a developing country by 2022. Nepal is one of the 48 LDCs in the world. For Nepal to graduate to a developing country it has to meet two of the three criteria the United Nations has set: gross national income per capita and the threshold for human asset index which includes health, and nutrition index and Education index. The draft strategy says that Nepal will have to post an economic growth rate of 9.2% every year until 2022 to meet the criteria of Human Development Index, Human Asset Index and Economic Vulnerability Index and invest 17 trillion rupees over the next nine year. From National Human Development Report (2017) : A Least Developed Country, according to the United Natio...

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...