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Economic Effects Of Poverty In Nepal

1576 Words7 Pages

Poverty is one of the biggest challenges faced in Asia and the Pacific. Where is, this located and how does it affect development?

Abstract
This paper mainly examines the question of how poverty impacts the development of the country. Almost half of the Asian country now facing poverty as one of the biggest problem, similarly, Nepal is one of them and this paper mainly focuses on how does the poverty affect to the Nepal’s development in recent time. Poverty is now considering one the biggest overwhelming problem of Asia and the pacific region, which attracting the attention of Government, specialist, normal human beings and educationists from all over the world to reach more into it. It shows the tendency of measuring the poverty, so that …show more content…

Consequently, it is said that only 17% of the land is used in Nepal. Despite we have to seriously think of the 83% of the unused land that can be utilized to develop some new endeavors to generate income to alleviate poverty in Nepal? Can there be rocks, plants that can be converted into exportable goods? Can there be tourism? Can we do something for society? We could find working ventures in this, it would be a huge help to decreasing poverty in Nepal. Although Nepal is poor it shouldn’t just be known for the poverty, there are lots of natural resources that are worth a lot which require to be utilized. Some of the many natural resources are quartz, water, timber, hydropower, scenic beauty, small deposits of lignite, copper, cobalt, iron ore and much more. These resources can be used to decrease poverty.

References
ADB. (2016). Poverty In Nepal. Retrieved from Asian Developement Bank.
Chimoriya, B. (2016). Problems, Measures And Causes Of Poverty In Nepal. Retrieved from Wise Blog.
F.world. (2015, july 15). One Million People Fall Below Poverty Line In Nepal After Earthquake. F.world.
Ians. (2015, june 14). Earthquake Pushed 1 Million Nepalese Below Poverty Line. The Times Of India World.
Leary, M. K. (2016, October 02). Poverty. Retrieved from The World Bank.
Meade, A. (2013, August 2013). What is Global Povert? Retrieved from The Borgen Project.
WHO. (2016). Poverty. Retrieved from World Health

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