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Nepalese Economy

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Rohika K.C.
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105 views28 pages

Nepalese Economy

Uploaded by

Rohika K.C.
Copyright
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ture Presentation Nepalese Economy B Chetan ; ee Characteristics of Nepalese Economy Nepal General Introduction Nepal is a landlocked country. » Border = China in the north 2 India in the south, east and west Size Size > Area: 147,181 sq. km. » Length: 885 km (east to west) Width:, average width 193 km. north to south. Administrative and Physical Division > Nepal is divided administratively into 5 development region, 7 Provinces, 14 zones, 77 districts, six metropolitan cities and eleven sub-metropolitan cities, 276 municipalities. * Contribution of agriculture and industries sectors to GDP has a declining trend while that of services sectoris onrise, Agriculture: 31.7% sIndustry: 15.2% “Services: 53.2% Characteristics of Nepalese Economy Economic development in Nepal has been complicated and affected by the constant change in political scenarios which has ranged from monarchy to being ruled by the Communist party in 2019. Wikipedia Gross domestic product: 29,04 billion USD (2018) Word Bank GNI per capita: 3,110 PPP dollars (2018) World Bank GDP per capita: 1,033.91 USD (2018) World Bank GDP growth rate: 6.7% annual change (2018) Worid Bank Gross national income: 87.43 billion PPP dollars (2018) World Bank snet users: 0.0% of the population Characteristics of Nepalese Economy Cont.... + Low productivity, low income and widespread poverty * High population growth rate + High illiteracy and low level of human capital development i) Heavily Dependent + Low level of capital accumulation PC Ue Puce oe + Small open economy heavily influenced by a single neighbour in the South (prices, exchange rates, financial sector policies) + Land-locked and high cost economy + Under developed financial markets en See Teac an Peer Sluggish Economic Growth Led Pune cel Potentials of Nepalese Economy vvvvvvy Water Energy Forest Minerals Human Resource Agriculture Biodiversity Water Resources in Nepal Water is the country’s most important natural resource with about 6,000 rivers and rivulets totaling 45,000 KMs in length. Total average run-off is estimated at about 170 billion cubic meters with an estimated hydroelectric power potential of 83,000 MW. his is one of the largest potential capacities in the world, of which about 50% could be economically harnessed. River System Hydroclectricity Potential 1, Gandaki 21000 MW. 2. Koshi 22000 MW 3. Karnal 32000 MW. 4. Others 8000 MW. Total 83000 MW. ‘4 The major energy resource base in Nepal consist of hydeoelectrcty, petroleum products, natural gas, and) “ The country does nt have its own reserves of gas oF 4 Country has huge potential of hydropower, but ess percent ofthe potential 83,000 KW of hydropon hamessed. ‘4 £2,000A0 is feasible with no environmental 4 First hydropower was builtin 1911. Curent 1300 MW. + TBLof people have access to grid cdhnected + However, 82 ofthe population ue sold fuels dung and weod as cooking ene Solar Urban Share Rural Share Biogas eowee 9) on L STATUS OF RENEWABLE ENERGY 1.Solar 2.Biogas 3.Fossil Fuel 4. Wind Energy aerate acing "eto fod “Sor ee oma + O10 MW energyisioined inthe 95% of the biomass is ftewood. is abot 6074 qk with wind power traditionally used for consumption in Nepal. - epalsteptraratciour oa a ratte 300 at No i a

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