Village road in Nepal. Weak infrastructure, particularly in the energy and transportation sectors, is the largest impediment to sustainable and inclusive growth in Nepal. Photo by: Simone D. McCourtie / World Bank / CC BY-NC-ND
For the past two decades, Nepal has had relatively stable but modest economic growth, averaging at 4 percent since the mid-1990s. Even so, the South Asian country managed to reduce extreme poverty from 53 percent in 2004 to just 25 percent in 2011.
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About the author
Aimee Rae Ocampo
In her role as editor for business insight, Aimee creates and manages multimedia content and cutting-edge analysis for executives in international development. As the manager of Development Insider, Devex's flagship publication for executive members, she is constantly on the lookout for the latest news, trends and policies that influence the business of development.
