Shabda Gyawali's Blog

The Post-Washington Consensus | Foreign Affairs

In an recent article Mr.Anil Bhattarai argued " The World Bank’s mission is currently in Kathmandu as a part of the process of finalising a grant and loan for Pilot Project on Climate Resilience (PPCR). As it stands, US $60 million of the total of US $110 million proposed is supposed to be given as a loan, the rest as a grant. The putative aim of the project is to increase the resilience of Nepalis in the face of vulnerabilities arising out of changing climates. The impacts of changing climates might be too complex to understand for ordinary Nepali citizens, but most of them have done virtually nothing to cause this. To be more precise, most of us—both living at present and long dead—did not spew the colossal amount of carbon and other heat-trapping gasses into the earth that led to global warming. This makes it highly unethical to receive a loan for dealing with the impacts of climate change we had very little role in creating in the first place." (Source: kathmandu post) My...

In terms of overall human development, Nepal has moved from being a ‘low human development' country with Human Development Index (HDI) less than 0.5 in the 1990s to a‘medium human development country’ (HDI between 0.5 and 0.8). However, amongst this group Nepal ranks in the bottom quartile (UNHDR, 2009). Nevertheless, between 1980 and2007, Nepal maintained an average annual HDI growth rate of 2.16%, the highest in the world (UNHDR 2009) " One lesson of the Arab annus mirabilis , then, is that good economics need not always mean good politics; the two can part ways for quite some time. It is true that the world’s wealthy countries are almost all democracies. But democratic politics is neither a necessary nor a sufficient condition for economic development over a period of several decades." CLICK HERE TO READ MORE

About 100,000 of a total of 214,000 small scale industries have already ceased operations. More than 50 percent of those present under operation are financially ailing. Lengthy power cuts have forced cottage and small-scale industries in the country to reduce their production by up to 70 percent. The nation is suffering a 14-hour power cut every day. Small entrepreneurs also informed that increasing bank rates was also creating difficulty for them. Click here to read more

http://www.economist.com/blogs/dailychart/2011/02/daily_chart_forests

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International Monterey Fund claims that the world is in a process of “double speed recover”. Developing nations are growing at a high single digit rates, whereas, developed countries are growing at a much slower rate. At the annual World Economic Forum Summit in Davos, policy wonks and economists concluded that developing countries are aiding the developed countries to gain economic growth momentum. Low economic growth in the west coupled with the escalating dangers of climate change has compelled western investors to look for investment avenues in uncharted areas of developing countries.Along with foreign institution investments, western investors are also investing in sector like renewable energy, agricultural, health, microfinance and education in the developing world. India, China and few African countries are the biggest recipients of investments in the sectors mentioned above. foreign equity injection in sectors like renewable energy, microfinance or education is not only p...

Problem: Nepal faces health crisis: WB report Possible Solution : Please Call Me' Builds Health Education Networks

EQUITY VS NON-EQUITY GOVT GRANTS AND LOANS CREDIT GUARANTEE SCHEME Click here to read more

The central bank governor urged the business community and the general public to save their money in the bank account to ease up the liquidity crisis and lower the interest rates .Same day, Nepal Rastra Bank rejected the request submitted by Nabil Bank and Kumari Bank to setup and manage mutual funds.Nepal Rastra Bank decision to reject the request of the two commercial banks acts as an contradictory to governor’s request to the general public to increase deposit in the commercial banks. Mutual funds can attract capital from FII and remittances Mutual Fund is a perfect platform for the small investors who have capital but lack time,knowledge and skills to invest in capital market. Mutual funds can be a vital financial instrument/product to inject capital into the private sector...

8888 savings and credit cooperatives catalyst for financial inclusion or unregulated loan sharks ?? 66 coffee cooperatives....."Hello Starbucks and whole foods"..great Himalayan coffees for sale .. Click here to read more

favourite words of NGO ( GLOBALLY) empowerment capacity-building stakeholder civil society facilitators disadvantaged British NGOs have a fondness for “focal groups”. Americans like anything that leads to “inclusion”, especially of the “excluded”. (SOURCE : THE ECONOMIST ) Additional favorite WORDS of NGOs in NEPAL VALUE CHAIN ANALYSIS DALIT REFLECTION SESSION WORKSHOP REQUEST FOR PROPOSAL Draft Report CDO (Saab),Sachib jee