Podcast | Geopolitics | Nepal-India | Geographical constraints | Economic dependence

Designed by Dibyak Kapali
Designed by Dibyak Kapali

Podcast

“Populist politics will further drive migration”

A conversation on different dimensions of Nepal’s political economy.

By the_farsight |

In this sixth episode of the FSi podcast, we have Lekh Nath Paudel as our guest. He is a political economist, who did his PhD in Political Science from the Institute of Political Studies, University of Lausanne, Switzerland.

Presently a Visiting Faculty of International Political Economy at Madhya Purbanchal (Mid-West) University Institute of Cooperation and Development (MICD), Paudel has extensive research experience on financialisation of Nepal’s economy particularly focusing on remittances.  

Paudel talks about how external influences — from Western economic theories to geopolitics have shaped Nepal’s economy. 

While there is a need to take a departure from Western theories and base our future policies on our socio-cultural, political, and economic realities, there is also this immediate need to factor India in our future economic and development plans and policies, says Paudel, explaining that the neighbouring country holds the potential to exert assertive political and economic influence on Nepal due to Nepal’s geographical constraints and deeply rooted economic dependence.

For instance, Nepal needs to take a bold approach to establishing permanent trade policies with India, Paudel suggests.

Paudel also stresses its time to reconfigure Nepal’s economy and to do that, policymakers must first truly understand the intrinsic nature of capital to guide it toward productive economic purposes such as energy production.

The conversation also touches upon other pressing problems that Nepal presently faces — from financialisation of the economy to the present state of economic crisis; increasing youth migration and emerging populist politics. 

the_farsight Business | Finance | Environment | Econmy | Politics | Insight | In-depth Analysis | News | Investigation | Research | Expert Opinion | Anatomy of Complex Issues

Read More Stories

Environment

Kathmandu’s decay: From glorious past to ominous future

Kathmandu: The legend and the legacy Legend about Kathmandus evolution holds that the...

by Sabin Jung Pande

Environment

Kathmandu - A crumbling valley!

Valleys and cities should be young, vibrant, inspiring and full of hopes with...

by Sabin Jung Pande

News

Construction of 220kv Chilime-Trishuli transmission line concludes

Last week, Nepal completed the construction of the Chilime-Trishuli 220 kV transmission line,...

by the_farsight

×