Inclusive growth experiences – the case of Nepal: A discussion on a paradox from conventional and holistic perspectives
Country insights vary according to analyses of their inclusive growth (IG) experiences. Looking at the trends in stylized facts of Nepal, a land-locked, least developing country in South Asia, is at first glance paradoxical. That is, Nepal experienced a costly domestic insurgency situation from the early 1990s. This, however, was accompanied by a sharply decreasing trend in poverty headcount rate from 41.8% in 1996 to 30.9% in 2004 and 25.2% in 2011.