Record Details

Study of Nepal's Economic Relations with China

The Journal of Development and Administrative Studies

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Field Value
 
Title Study of Nepal's Economic Relations with China
 
Creator Prasad, Uma Shankar; Central Department of Economics, Tribhuvan University, Kirtipur
 
Subject Administration
Purchasing power parity (ppp); Global power; Freetrade; Bilateral agreement and remittances
 
Description Nepal has a very long historical, political, cultural and economic cooperation with China. According to the International Monetary Fund (IMF), China is the country having the world's largest economy in 2014 for purchasing power parity with 17.632 trillion US dollar and second largest economy for nominal GDP. Being one of the rising Asian powers, China wants to achieve the status of global power. In this perspective, it is needed for China to win the trust of neighboring countries. China has already announced that it will pay more attention and reinforce its cooperation with its neighbors. Being a China's good neighbor, Nepal naturally wants to see China as a global power in coming years. This article analyzes some facets of Nepal's long economic relation with China. The paper concludes that although the political and economic relation between Nepal and China has very long history, the relation has not been able to enhance various economic indicators like trade, investment, tourism etc. and therefore it is needed to focus on economic endeavors between these two countries in coming days.The Journal of Development and Administrative Studies (JODAS) Vol. 23(1-2), pp. 23-32
 
Publisher Centre for Economic Development and Administration (CEDA)
 
Contributor
 
Date 2016-08-11
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article

 
Format application/pdf
 
Identifier http://www.nepjol.info/index.php/JODAS/article/view/15446
10.3126/jodas.v23i1-2.15446
 
Source Journal of Development and Administrative Studies; Vol 23, No 1-2 (2015); 23-32
2091-0339
 
Language eng
 
Relation http://www.nepjol.info/index.php/JODAS/article/view/15446/12479
 
Coverage Nepal


 
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