Nepal 2043: The Road To Prosperity

Nepal is poised as never before to embark on an incredible future. The past two decades has seen unprecedented economic growth despite the challenges propped up by frequent changes in government, tumultuous political transitions, earthquakes, floods, blockades and to top it all, the pandemic. There is little written about this change as negative narratives cloud contemporary writings on Nepal.

Moreover, there’s something uniquely exciting about where Nepal can go from here on. Drawing from practical experiences and academic insights, this book presents a compelling vision for Nepal’s future, exploring key areas such as hydropower, agriculture, tourism, migration and digital transformation. It argues that with a sixfold increase in GDP over two decades, Nepal is actually poised to scale even greater heights in the years to come. Positioned strategically between China and India, and supported by a robust diaspora, this not-so-small country has the potential to transform into a high-income country by 2043. There is change brewing among its youth who are ready to play a more active role in transforming the country’s politics and economy. It is, therefore, only a matter of time before all this untapped potential is leveraged. While this book is about Nepal’s potential, it is also a playbook for emerging economies.