Name: Nepal's Enduring Poverty: Non-Economic Barriers to Economic Growth
Brand: Atlantic Books
SKU: 9781496955005
Price: 2783.0 INR
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Nepal's Enduring Poverty: Non-Economic Barriers to Economic Growth

by Sukhdev Shah

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ISBN13: 9781496955005
Binding: Paperback
Subject: N/A
Publisher: Authorhouse
Publisher Imprint: Authorhouse
Publication Date: August 18, 2015
Pages: 454
Original Price: USD 27.95
Language: English
Edition: N/A
Item Weight: 1012 grams
BISAC Subject(s): Careers / General

About The Book

Theory of economic growth has made remarkable progress over the past three decades that has helped give us a better understanding of factors that induce or inhibit growth. In practice, though, a majority of countries have failed to increase growth and improve living conditions. The elixir that has been absent from traditional growth theories is the role of an enabling environment that is needed to induce and support growth. This book--a case study of Nepal's poverty--presents the view that non-economic factors play an outsized role in determining the productive use of economic resources which is critical to spur growth, to a much greater extent that the level of resources a country commands. The theme developed in this book is that a country's institutional weaknesses create a hostile environment for economic growth to occur and be sustained. Institutional handicaps exercise powerful constraints on the efficiency of use of resources and creation of wealth. This happens because institutions are rooted in a country's history, its culture, emotions, and even in national psychology.

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