Since 2014
Business Environment in Nepal
Economic Journal of Nepal
View Archive Info| Field | Value | |
| Title |
Business Environment in Nepal
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| Creator |
Shrestha, Rajendra Prasad; Saraswati Multiple Campus, Faculty of Management, Tribhuvan University
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| Subject |
Economics
Conducive business environment; Employment and competitiveness; survival and growth of enterprises. Business |
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| Description |
With a view to analyzing the business environment in Nepal, this paper argues that merely formulating and enforcing regulations does not ensue conducive business environment. However they are important for the efficient operation of the market. The excessive compliance costs discourage growth, employment and competitiveness of the firm by diverting energy and resources of the firm from more productive uses. The firm's attention is diverted towards looking at ways and means for the avoidance of regulations. The World Bank reported higher compliance costs in many developing countries. Nepal is not an exception to this. The surveys of manufacturing establishments conducted by Central Bureau of Statistics at different point in time have clearly shown the declining trend of number of establishments and employment in Nepal. One of the main reasons for this is higher compliance costs of regulations. These high compliance costs of regulations are threatening the very survival and growth of enterprises.Key words: Conducive business environment; Employment and competitiveness; survival and growth of enterprises.Economic Journal of NepalA Quarterly Publication of the Central Department of Economics, Tribhuvan University, Kirtipur, KathmanduVol. 30, No.3, July-September2007 Page :147-161Uploaded date: 21 July, 2011
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| Publisher |
Central Department of Economics Tribhuvan University
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| Contributor |
—
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| Date |
2011-07-26
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — — |
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| Identifier |
https://www.nepjol.info/index.php/EJON/article/view/5132
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| Source |
Economic Journal of Nepal; Vol 30, No 3 (2007); 147-161
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| Language |
en
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| Coverage |
Nepal
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