1945

Overview

The first essay on “Structural transformation and trade policy: The Case of Nepal” by Paras Kharel reviews recent trade and industry policy initiatives in Nepal. This is in the context of recent literature pioneered by Dani Rodrik, Ricardo Hausmann and colleagues, suggesting that some patterns of production and trade may be more conducive to structural transformation and industrialization. The essay provides an excellent overview of this new literature, which is starting to have an important influence in both academic and policy circles. It also provides an application of some of the approaches using network analysis to develop a graphical representation of the product space in Nepal. Based on a very detailed and comprehensive analysis, Kharel draws important implications for trade and industry policy. He argues that there is scope for better targeting of Nepalese trade and industry promotion policies.

Related Subject(s): Economic and Social Development
Sustainable Development Goals:
/content/books/9789210566001c005
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