Pro-poor growth and liberalization in developing economies : the case of Nepal

Author(s)

    • Acharya, Sanjaya

Bibliographic Information

Pro-poor growth and liberalization in developing economies : the case of Nepal

Sanjaya Acharya

(Routledge studies in the growth economies of Asia, 106)

Routledge, 2015

  • : pbk

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Note

Includes bibliographical references and index

First published 2012

First issued in paperback 2015

Description and Table of Contents

Description

By looking at the link between trade liberalization and pro-poor growth in Nepal, this book explores how a developing and transition economy can attain higher and pro-poor growth along with the ongoing trend of globalization. The author develops a social accounting database for Nepal and applies it to quantify computable general equilibrium (CGE) model to investigate the trade-offs between growth and distribution that are associated with opening up the economy and deregulating it. The book presents a number of pragmatic scenarios that bring about the desired pro-poor growth effects in order to demonstrate possible outcomes for policy making. The research findings apply to other economies with similar macroeconomic structure to Nepal; those small economies with a dominant, traditional, and stagnant agriculture; fragile industrial base, weak and volatile external sector, and almost half of the population living below the poverty line. This book will be of considerable interest to students and scholars in the areas of development economics, political economy of policy reforms, and trade and poverty with special emphasis on South Asia.

Table of Contents

1. Background and Objectives 2. Nepalese Trade Policy Reforms 3. Liberalization Reforms and Poverty: Theory and Empirics 4. The Social Accounting Matrix of Nepal 5. Nepal CGE Model and Calibration: Simulations of Liberalization and Reform Policies 6. Dynamic Nepal CGE Model: Higher and Pro-poor Growth 7. Summary, Conclusion and Policy Implications

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