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Sinking in Premature Deindustrialisation or Revitalising Industrialisation? Nepal’s Prospective

Economic Journal of Development Issues

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Title Sinking in Premature Deindustrialisation or Revitalising Industrialisation? Nepal’s Prospective
 
Creator Dahal, Madhav Prasad; Department of Economics, Patan Multiple campus
Tribhuvan University
 
Subject Economics
Structural transformation; Industrialisation; Deindustrialisation; Economic growth
 
Description  Economies of the world in general evolve by transferring them from agriculture to manufacturing and then from manufacturing to services. Today’s most developed economies have experienced their deindustrialisation at higher level of per capita income. But developing countries have begun to fall in premature deindustrialisation at low level of per capita income which is not taken as a good sign for their overall economic development. This paper analyses the potentiality of premature deindustrialisation in the context of Nepal covering the data of the period 1975-2016. The issue of premature deindustrialisation is analysed in terms of the share of manufacturing output in the gross domestic product of the country and employment. There is evidence of premature deindustrialisation in Nepal. The paper argues that reindustrialisation is essential and possible in Nepal.  Economic Journal of Development Issues Vol. 23&24 No. 1-2, (2017) Combined Issue, Page : 35-70
 
Publisher Department of Economics Patan Multiple Campus
 
Contributor
 
Date 2018-01-23
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-Reviewed Article

 
Format application/pdf
 
Identifier https://www.nepjol.info/index.php/EJDI/article/view/19064
10.3126/ejdi.v23i1-2.19064
 
Source Economic Journal of Development Issues; Vol 23 & 24 (2017); 35-70
2091-2285
2091-055X
 
Language eng
 
Relation https://www.nepjol.info/index.php/EJDI/article/view/19064/15620
 
Coverage Nepal


 
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