How Long to Read Nepal's Investment Climate

How Long Does it Take to Read Nepal's Investment Climate?

It takes the average reader 4 hours and 11 minutes to read Nepal's Investment Climate by Gabi George Afram

Assuming a reading speed of 250 words per minute. Learn more

Description

The signing of the Comprehensive Peace Agreement in 2006 and Constituent Assembly elections in 2008 have paved the way for political and economic reform in Nepal. Indeed, the 2009 Investment Climate Assessment (ICA) shows that Nepal's private sector is starting to reap some dividend from the cessation of armed conflict in terms of employment generation, rebounding tourism, increased tax collection, as well as less complex business regulations and procedures to obtain permits. However, Nepal's private sector (already plagued with various market failures) continues to suffer from the consequences of a decade of armed conflict and civil unrest. Poor infrastructure, particularly for transportation and energy, inadequate labor skills and continuous labor unrest, as well as inefficient and unstable credit markets, exacerbate the damage that continued political instability has had on the investment climate. Together political instability and poor infrastructure pose the two greatest challenges to Nepal's investment climate and growth in the private sector. The effects of these challenges on business confidence and economic performance are visible and costly: productions costs are high, business operations and trade are often disrupted, and competitiveness is declining. These structural problems cause low levels of savings and investment resulting in low job creation, which lead millions of Nepalis to seek temporary employment abroad; resulting in remittance flows that are mainly channeled to consumption and asset bubbles. This inflates prices and increases costs to the productive job-creating sector, which loses competitiveness and export markets, prolonging the cycle of mediocre and jobless growth at home. In order for Nepal to kick-start private sector-led growth in Nepal, it has to leverage its potential particularly through strengthening trade with China and India, developing its hydropower resources, and adopting policies to target growth in key sectors such as tourism. Improving Nepal's investment climate and strengthening the private sector will require government initiative to solve many challenges as well as public-private dialogue and partnerships to tackle larger challenges to be addressed over the medium and long-term.--publisher description.

How long is Nepal's Investment Climate?

Nepal's Investment Climate by Gabi George Afram is 246 pages long, and a total of 62,976 words.

This makes it 83% the length of the average book. It also has 77% more words than the average book.

How Long Does it Take to Read Nepal's Investment Climate Aloud?

The average oral reading speed is 183 words per minute. This means it takes 5 hours and 44 minutes to read Nepal's Investment Climate aloud.

What Reading Level is Nepal's Investment Climate?

Nepal's Investment Climate is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Nepal's Investment Climate?

Nepal's Investment Climate by Gabi George Afram is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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