Curriculum The Economy of Nepal
The Economy of Nepal
Nepal's economy: an overview, from monarchy to republic, remittances, India and the pegged rupee, hydropower, tourism and Everest, the 2015 earthquake, the 2015 blockade, farming, finance and cooperatives, the way forward, and a recap.
- Nepal at a Glance Nepal is a landlocked Himalayan country of around 30 million people whose economy runs on remittances, farming, tourism and its close link to India. 📄 Read-aloud
- From Monarchy to Republic Nepal moved from centuries of monarchy to a federal republic in 2008 and 2015, a political change with lasting economic effects. 📄 Read-aloud
- Remittances: Nepal's Lifeline Money sent home by Nepalis working abroad equals roughly a quarter of GDP, among the highest shares in the world. 📄 Read-aloud
- India and Nepal: An Open Border and a Pegged Currency Nepal and India share an open border, and the Nepali rupee has been pegged to the Indian rupee since 1993, tying the two economies closely. 📄 Read-aloud
- Hydropower: Nepal's Great Asset Rivers falling from the Himalaya offer vast hydropower potential, and Nepal now exports electricity to India and even beyond. 📄 Read-aloud
- Tourism: Everest, Trekking and Culture Mountaineering, trekking, pilgrimage and heritage sites bring visitors, though the sector is vulnerable to shocks and crowding. 📄 Read-aloud
- The Economy of Nepal: Checkpoint 1 Quick checkpoint - five questions on the economy of nepal. 5 questions
- The 2015 Earthquake The April 2015 earthquake killed about 9,000 people and caused damage equal to roughly a third of GDP, testing the state's ability to rebuild. 📄 Read-aloud
- The 2015 Border Blockade A blockade of border points with India in late 2015 caused severe fuel and medicine shortages, prompting Nepal to reduce its dependence on India. 📄 Read-aloud
- Farming, Cardamom and the Terai Most Nepalis farm small plots, growing rice, wheat and maize, and cash crops like cardamom, tea, ginger and lentils. 📄 Read-aloud
- Banks, Microfinance and Cooperatives Nepal has many banks and thousands of savings and credit cooperatives, though financial stress at times reveals weak governance. 📄 Read-aloud
- The Way Forward Nepal's future depends on stable politics, productive jobs at home, tapping hydropower, improving infrastructure and reducing dependence on remittances. 📄 Read-aloud
- Nepal's Economy: Recap A recap of Nepal's structure, strengths and challenges. 📄 Read-aloud