Nepal Development Update, January 2016 : Development Amidst Disturbances
Devastating earthquakes in April and May of 2015 took a huge human toll, destroyed homes, businesses, irreplaceable cultural heritage sites, and slowed economic growth. The Government of Nepal (GoN), through a post disaster needs assessment (PDNA),...
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| Language: | English en_US |
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World Bank, Washington, DC
2016
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| Online Access: | http://documents.worldbank.org/curated/en/2016/02/25962752/nepal-development-update-development-amidst-disturbances http://hdl.handle.net/10986/23776 |
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okr-10986-237762021-05-25T10:54:42Z Nepal Development Update, January 2016 : Development Amidst Disturbances World Bank SANITATION DEFICIT MONETARY POLICY EQUIPMENT ACCOUNTING DEPOSITS STOCK FISCAL DEFICITS NATIONAL ECONOMY INCOME VEHICLES GOVERNMENT SPENDING EXPORT PERFORMANCE REMITTANCE GOVERNMENT REVENUES ECONOMIC DEVELOPMENTS GDP PER CAPITA EXPORTS TREND BLACK MARKET REVENUES WELFARE OUTSTANDING CREDIT LOAN VARIABLES TOLL CAPITAL STOCK DAMAGES TAX INPUTS ROUTES INCOME TAX AIR TRANSACTION COST AGRICULTURAL OUTPUT INFLATION INTERNATIONAL BANK BUS FLEET SPEEDS BUDGET DEVELOPMENT TRADE BALANCE OIL PRICES TOTAL FACTOR PRODUCTIVITY COSTS DEVELOPMENT ECONOMICS NATURAL DISASTER TRANSPORT VALUE‐ADDED TRADING OPTIONS MONOPOLY NATURAL DISASTERS MARKETS DEFICITS INFLATIONS BUDGET DEFICIT POTENTIAL OUTPUT LOANS RESERVES ROUTE FUELS RECURRENT EXPENDITURE ECONOMIC RESEARCH INFRASTRUCTURE PUBLIC INVESTMENT BANKING SECTOR FISCAL DEFICIT EXPENDITURE MARKET ECONOMY GROWTH THEORIES BUS TRANSACTION INVESTORS HUMAN CAPITAL VALUE ADDED TRAVEL TRANSPORTATION TRANSIT CAPITAL PRIVATE SECTOR CREDIT VALUE FIXED CAPITAL CREDIT MACROECONOMICS TRADE DEFICIT PURCHASING POWER GOVERNMENT EXPENDITURE GOVERNMENT REVENUE EXPENDITURES EXCISE TAX ECONOMY AGRICULTURE CONSUMERS ISSUANCE PETROLEUM GAS GROWTH MODELS RE-INVESTMENT PHYSICAL ASSETS MARKET OUTPUT PER CAPITA PRODUCTION FUNCTION MACROECONOMIC VARIABLES TRADE GDP GOODS THEORY GROWTH RATE LOAN VOLUME INVESTMENT SHARE POVERTY FUEL REVENUE CONSUMER PRICE INDEX LENDING CREDIT GROWTH GROWTH THEORY TOTAL OUTPUT PETROLEUM PRODUCTS ACCELERATOR REMITTANCES PUBLIC SPENDING CAPITAL INVESTMENT FINANCIAL SECTOR DIESEL OUTCOMES TRANSPORTATION SERVICES INTERNATIONAL MARKETS FINANCIAL OPENNESS MIDDLE INCOME COUNTRIES FREIGHT GUARANTEE PRICES Devastating earthquakes in April and May of 2015 took a huge human toll, destroyed homes, businesses, irreplaceable cultural heritage sites, and slowed economic growth. The Government of Nepal (GoN), through a post disaster needs assessment (PDNA), estimated the value of losses at United States dollar (USD) 7.1 billion (physical damage of USD 5.2 billion and economic losses, spanning several years, of USD 1.9 billion). Nepal’s political parties intensified their efforts to adopt a new constitution, after eight years of deliberations, spurred on by the shift in political priorities following the April and May earthquakes. A normalization was envisaged whereby the faster budget implementation and sustained reconstruction activities can lead to a surge in imports, which will have tipped the current account balance into deficit over the forecast period, despite large remittances. Similarly, increased government spending on capital expenditure, as national reconstruction authority speeds up reconstruction activities, will lead to a larger budget deficit. The aim of this report is to report on key economic developments over the preceding months, placing them in a longer term and global perspective and to examine topics of particular policy significance. 2016-02-26T17:42:08Z 2016-02-26T17:42:08Z 2016-01 Report http://documents.worldbank.org/curated/en/2016/02/25962752/nepal-development-update-development-amidst-disturbances http://hdl.handle.net/10986/23776 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Economic & Sector Work :: Economic Updates and Modeling Economic & Sector Work South Asia Nepal |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
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World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
SANITATION DEFICIT MONETARY POLICY EQUIPMENT ACCOUNTING DEPOSITS STOCK FISCAL DEFICITS NATIONAL ECONOMY INCOME VEHICLES GOVERNMENT SPENDING EXPORT PERFORMANCE REMITTANCE GOVERNMENT REVENUES ECONOMIC DEVELOPMENTS GDP PER CAPITA EXPORTS TREND BLACK MARKET REVENUES WELFARE OUTSTANDING CREDIT LOAN VARIABLES TOLL CAPITAL STOCK DAMAGES TAX INPUTS ROUTES INCOME TAX AIR TRANSACTION COST AGRICULTURAL OUTPUT INFLATION INTERNATIONAL BANK BUS FLEET SPEEDS BUDGET DEVELOPMENT TRADE BALANCE OIL PRICES TOTAL FACTOR PRODUCTIVITY COSTS DEVELOPMENT ECONOMICS NATURAL DISASTER TRANSPORT VALUE‐ADDED TRADING OPTIONS MONOPOLY NATURAL DISASTERS MARKETS DEFICITS INFLATIONS BUDGET DEFICIT POTENTIAL OUTPUT LOANS RESERVES ROUTE FUELS RECURRENT EXPENDITURE ECONOMIC RESEARCH INFRASTRUCTURE PUBLIC INVESTMENT BANKING SECTOR FISCAL DEFICIT EXPENDITURE MARKET ECONOMY GROWTH THEORIES BUS TRANSACTION INVESTORS HUMAN CAPITAL VALUE ADDED TRAVEL TRANSPORTATION TRANSIT CAPITAL PRIVATE SECTOR CREDIT VALUE FIXED CAPITAL CREDIT MACROECONOMICS TRADE DEFICIT PURCHASING POWER GOVERNMENT EXPENDITURE GOVERNMENT REVENUE EXPENDITURES EXCISE TAX ECONOMY AGRICULTURE CONSUMERS ISSUANCE PETROLEUM GAS GROWTH MODELS RE-INVESTMENT PHYSICAL ASSETS MARKET OUTPUT PER CAPITA PRODUCTION FUNCTION MACROECONOMIC VARIABLES TRADE GDP GOODS THEORY GROWTH RATE LOAN VOLUME INVESTMENT SHARE POVERTY FUEL REVENUE CONSUMER PRICE INDEX LENDING CREDIT GROWTH GROWTH THEORY TOTAL OUTPUT PETROLEUM PRODUCTS ACCELERATOR REMITTANCES PUBLIC SPENDING CAPITAL INVESTMENT FINANCIAL SECTOR DIESEL OUTCOMES TRANSPORTATION SERVICES INTERNATIONAL MARKETS FINANCIAL OPENNESS MIDDLE INCOME COUNTRIES FREIGHT GUARANTEE PRICES |
| spellingShingle |
SANITATION DEFICIT MONETARY POLICY EQUIPMENT ACCOUNTING DEPOSITS STOCK FISCAL DEFICITS NATIONAL ECONOMY INCOME VEHICLES GOVERNMENT SPENDING EXPORT PERFORMANCE REMITTANCE GOVERNMENT REVENUES ECONOMIC DEVELOPMENTS GDP PER CAPITA EXPORTS TREND BLACK MARKET REVENUES WELFARE OUTSTANDING CREDIT LOAN VARIABLES TOLL CAPITAL STOCK DAMAGES TAX INPUTS ROUTES INCOME TAX AIR TRANSACTION COST AGRICULTURAL OUTPUT INFLATION INTERNATIONAL BANK BUS FLEET SPEEDS BUDGET DEVELOPMENT TRADE BALANCE OIL PRICES TOTAL FACTOR PRODUCTIVITY COSTS DEVELOPMENT ECONOMICS NATURAL DISASTER TRANSPORT VALUE‐ADDED TRADING OPTIONS MONOPOLY NATURAL DISASTERS MARKETS DEFICITS INFLATIONS BUDGET DEFICIT POTENTIAL OUTPUT LOANS RESERVES ROUTE FUELS RECURRENT EXPENDITURE ECONOMIC RESEARCH INFRASTRUCTURE PUBLIC INVESTMENT BANKING SECTOR FISCAL DEFICIT EXPENDITURE MARKET ECONOMY GROWTH THEORIES BUS TRANSACTION INVESTORS HUMAN CAPITAL VALUE ADDED TRAVEL TRANSPORTATION TRANSIT CAPITAL PRIVATE SECTOR CREDIT VALUE FIXED CAPITAL CREDIT MACROECONOMICS TRADE DEFICIT PURCHASING POWER GOVERNMENT EXPENDITURE GOVERNMENT REVENUE EXPENDITURES EXCISE TAX ECONOMY AGRICULTURE CONSUMERS ISSUANCE PETROLEUM GAS GROWTH MODELS RE-INVESTMENT PHYSICAL ASSETS MARKET OUTPUT PER CAPITA PRODUCTION FUNCTION MACROECONOMIC VARIABLES TRADE GDP GOODS THEORY GROWTH RATE LOAN VOLUME INVESTMENT SHARE POVERTY FUEL REVENUE CONSUMER PRICE INDEX LENDING CREDIT GROWTH GROWTH THEORY TOTAL OUTPUT PETROLEUM PRODUCTS ACCELERATOR REMITTANCES PUBLIC SPENDING CAPITAL INVESTMENT FINANCIAL SECTOR DIESEL OUTCOMES TRANSPORTATION SERVICES INTERNATIONAL MARKETS FINANCIAL OPENNESS MIDDLE INCOME COUNTRIES FREIGHT GUARANTEE PRICES World Bank Nepal Development Update, January 2016 : Development Amidst Disturbances |
| geographic_facet |
South Asia Nepal |
| description |
Devastating earthquakes in April and May
of 2015 took a huge human toll, destroyed homes, businesses,
irreplaceable cultural heritage sites, and slowed economic
growth. The Government of Nepal (GoN), through a post
disaster needs assessment (PDNA), estimated the value of
losses at United States dollar (USD) 7.1 billion (physical
damage of USD 5.2 billion and economic losses, spanning
several years, of USD 1.9 billion). Nepal’s political
parties intensified their efforts to adopt a new
constitution, after eight years of deliberations, spurred on
by the shift in political priorities following the April and
May earthquakes. A normalization was envisaged whereby the
faster budget implementation and sustained reconstruction
activities can lead to a surge in imports, which will have
tipped the current account balance into deficit over the
forecast period, despite large remittances. Similarly,
increased government spending on capital expenditure, as
national reconstruction authority speeds up reconstruction
activities, will lead to a larger budget deficit. The aim of
this report is to report on key economic developments over
the preceding months, placing them in a longer term and
global perspective and to examine topics of particular
policy significance. |
| format |
Report |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Nepal Development Update, January 2016 : Development Amidst Disturbances |
| title_short |
Nepal Development Update, January 2016 : Development Amidst Disturbances |
| title_full |
Nepal Development Update, January 2016 : Development Amidst Disturbances |
| title_fullStr |
Nepal Development Update, January 2016 : Development Amidst Disturbances |
| title_full_unstemmed |
Nepal Development Update, January 2016 : Development Amidst Disturbances |
| title_sort |
nepal development update, january 2016 : development amidst disturbances |
| publisher |
World Bank, Washington, DC |
| publishDate |
2016 |
| url |
http://documents.worldbank.org/curated/en/2016/02/25962752/nepal-development-update-development-amidst-disturbances http://hdl.handle.net/10986/23776 |
| _version_ |
1764454905077039104 |