One can simply compare our social, economic and political path with that of the rest of the world. In the 1930s, the globe was gripped by an economic crisis, also known as the Great Depression. Before this crisis, two main economic philosophies prevailed: a highly regulated, less market-based system where the state was heavily involved …
Economic reforms that began in the early 1990s lost their momentum. These initiatives should have been carried forward with robust legal frameworks, resolved procedural hurdles and strengthened institutions. However, higher political leadership failed to prioritise these reforms. Nepal has gone through a long political transition, and all political forces have been focused on gaining power, …
A comprehensive reform package for Nepali economy must Read More »
The Remittance-Driven Economic Paradox of Nepal The roots of Nepal’s labour migration lie in the historic Gurkha tradition, which began formally after the Treaty of Sugauli in 1815-16 between Nepal and British India, following the Anglo-Nepalese War. As part of this treaty, Britain gained the right to recruit soldiers from Nepal into the British Army, …
Unlike market strategies such as pricing, promotion, and supply chain management, a non-market strategy involves actions taken by a business to manage its relationships with various stakeholders, including governments, regulators, activists, the media, and the public. These strategies are thus linked to a firm’s ability to navigate the regulatory, institutional, and policy aspects of its …
Non-marketing strategies in a dynamic entrepreneurial ecosystem Read More »
Entrepreneurship is increasingly recognised as a pathway to inclusive and sustainable development. Yet, in developing nations like Nepal, systemic barriers such as gender inequality, geographic remoteness, and socio-cultural exclusion continue to prevent large segments of society, particularly marginalised women, from fully participating in the entrepreneurial economy. This article tries to explore how an inclusive entrepreneurship …
Building an Inclusive Entrepreneurship Ecosystem Read More »
The Push for Corporatisation in Nepal Nepal’s economic landscape underwent a significant shift with the liberal economic policies of the 1990s, which created a fertile environment for the private sector. Before this, the country’s economy was predominantly agrarian, with a private sector limited to small-scale manufacturing, including handicrafts. State-Owned Enterprises (SOEs) were responsible for producing …
Nepal Rastra Bank (NRB) has unveiled an accommodative monetary policy for FY 2025/26 that appears friendly to the private sector. Guided by liberal economic principles – deregulation and private sector development – the policy adopts a flexible stance toward banks in terms of operations and toward borrowers. Agriculture and small and medium enterprises (SMEs) remain …
Monetary Policy Focuses on Spent Forces, Ignores Pluralism Read More »
Reimagining use of Strategy with OCSM© as key qualifiers W alk the corridors of any organisation today, and you will encounter one of the most frequently uttered and least understood words in business: strategy. There are several other fashionable words too: transformation, digital, quantum leap, change management, IPO ready, differentiating approach, customer centricity, unique value …
Why Emotional Intelligence is the Leadership Skill You Can’t Ignore Anymore I n today’s fast-moving, often unpredictable work world, and high-pressure work environments, technical know-how, being smart or skilled and strategic planning alone are no longer enough to be a great leader. You may have the best strategy, tools, or experience but if you don’t …
Raveena Desraj Shrestha (Chapman) is a career banker with over three decades of experience in Nepal’s financial industry, rising from the grassroots to serve at the highest level of executive leadership. She has been recognised nationally and internationally for service excellence, transformation, and leadership. After taking voluntary retirement, she has devoted her second chapter to …
Tick-the-box training may fulfil audit trails but fails to shift performance or mindset Read More »
