What is Macroeconomics
What is Macroeconomics? Macroeconomics is the branch of economics that studies the behavior and performance of the whole economy. It covers the economy as a whole rather than just focusing on individual markets or businesses.…
Nepal’s Foreign Trade Policy
→ Nepal has made various bilateral and multilateral agreements related to trade in order to protect & promote Nepal’s trade. Till date, Nepal has made bilateral trade agreements with 17 different countries, including both region…
Effects of Nepal’s Graduation From LDC to Developing Country
Nepal is in a transition period, graduating from LDC to a developing country, which is expected to be fully graduated by 2026. The transition from the status of LDC to developing has both positive and…
World Trade Organization (WTO)
The World Trade Organization (WTO) is a multilateral trading arrangement established on 1995 January 1 as the successor of the General Agreement on Tariffs & Trade (GATT). It is a rule-based trading arrangement that advocates…
SAARC Concept Structure and Working
South Asian Association for Regional Cooperation (SAARC) was established on December 8, 1885, with seven founding members: Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka. Afghanistan joined SAARC in 2007, and there are…
Regional Economic Cooperation (REC) Concept
Regional Economic Cooperation (REC) is a form of economic cooperation where the countries in a specific geographical area form a group voluntarily in order to protect and promote the economic benefits of the whole region.…
Effects of Fixed Exchange Rate Between Indian Rupee and Nepali Rupee
Effects of Fixed Exchange Rate Between Indian Rupee and Nepali Rupee Nepal has maintained the fixed exchange rate between NPR and INR (i.e. 100 INR = 160 NPR) for more than 3 decades. During this…
Foreign Exchange Rate System in Nepal
Nepal’s foreign exchange rate system has evolved, reflecting the country’s trade needs and economic structure. Initially, Nepal followed a fixed exchange rate system, pegging the Nepalese rupee to foreign currencies, particularly the Indian rupee, to…
Mint Parity Theory of Exchange Rate System (Gold Standard Theory)
What is Mint Parity Theory of Exchange Rate System? There are various theories for the determination of the exchange rate in Nepal. The major theories are Mint Parity Theory: Gold Standard Theory Purchasing Power Parity…