Rising Economy of India: How Can Nepal Draw Economic Benefit
Abstract
Federal Democratic Republic of Nepal's geographical location has been a geographical handicap as well as strategic opportunity for Nepal. With recent economic progress of both neighbors, China and India, Nepal can now sense opportunities to utilize its geographical location to come out of extreme poverty. However, because of the geographical difficulties, it is not easy for Nepal to benefit as much from China's economic progress, as is from India's. This study focuses on Nepal's possibilities to draw economic benefits from rising economy of India. The study unfolds by determining the status of Indo-Nepal relations based on historical facts and present bilateral relations in order to determine context for further course of actions. The paper digs into opportunities provided by India's economic growth to Nepal from four aspects: India as an energy market, India as a job market, India as a global market of products, and India as a source of FDI (Foreign Direct Investment) and foreign currency. The paper then analyzes resources and capabilities of Nepal and explore the ways and possibilities of Nepal's resources and capabilities to find market in Indian growth needs. The paper also examines impediments that are restricting Nepal from realizing potential benefits and recommends strategy to overcome them.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jun 10, 2016
- Accession Number
- AD1020432
Entities
People
- Sunil Subedi
Organizations
- United States Army Command and General Staff College