Nepal : Development Policy Review, Restarting Growth and Poverty Reduction

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Tác giả:

Ngôn ngữ: eng

Ký hiệu phân loại: 338.9 Economic development and growth

Thông tin xuất bản: Washington, DC, 2012

Mô tả vật lý:

Bộ sưu tập: Tài liệu truy cập mở

ID: 316854

 The report provides an assessment of Nepal's progress in development, and discusses the development policy agenda and priorities to accelerate development. The aim of the Development Policy Review (DPR) is to inform both on Government policies and further refinement of the country's poverty reduction strategy, as well as the Bank assistance and policy dialogue. It is based on the 10th Five Year Plan (2002-2007) and the Poverty Reduction Strategy Paper (PRSP), and, presents a menu of policies that address three related development themes. First, is the need to restart and accelerate growth mainly through commercializing agriculture, and increasing trade and competitiveness
  second, is making growth more inclusive, by focusing on developing agriculture and the lagging Western regions
  and, third, is improving governance and public service delivery by strengthening institutions at both the national and local government levels. However, implementing many policies will require a political consensus and mitigating, if not ending, the adverse effects o f the insurgency, and political discord among the principal actors. The review highlights the risks of an alternative scenario if a consensus is not reached, and the majority of the policies recommended are not implemented. Recommendations include: On economic management - improving high level monitoring of economic, trade, transport, and agricultural performance, with the inclusion of the private sector
  addressing the emerging and contingent fiscal liabilities
  raising revenues by devolving administrative power and budgets
  and, improving public expenditure management. Concerning agriculture, trade, and the investment climate - promoting the commercialization of agriculture
  adopting a comprehensive strategy for lagging regions, in particular the far- Western hills and mountain areas
  amending the labor act to make the labor market more flexible
  and, promote and enhance transport, power, and telecommunications sectors with revisions to existing laws. On public services delivery - strengthening institutions, improving civil service performance and professionalism, and, foster decentralization. Most important, social protection programs should be rationalized by evaluating their impact and cost-benefits.
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