Migrants essential to recovery of global development post COVID-19, claims new report

 The report, Human Mobility, Shared Opportunities: A Review of the 2009 Human Development Report and the Way Ahead, looks back at the last decade and assesses how future policy responses could facilitate safe, orderly, and regular migration.

Nepal: time to take entrepreneurial spirit to the local level  

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If the government takes serious actions to promote local and community entrepreneurship, this will not only diversify and uplift Nepal’s overall economy, but also provide enormous employment opportunities to Nepal’s jobless youths who have very few options for employment at the moment–apart from lying up in manpower agencies and heading for ill-paid foreign employment in the Gulf countries.

Pandemic profits for companies soar by billions as poorest struggle to get by

Thirty-two of the world’s largest companies stand to see their profits jump by $109 billion more in 2020 as the Covid-19 pandemic lays bare an economic model that delivers profits for the wealthiest on the back of the poorest, according to a new Oxfam report released this week.

Introducing the ‘buddy system’ in global development

The goal of the buddy system is not the artificial redistribution of wealth from the wealthier to the poorer countries. The goal is to facilitate interaction and exchange between the buddy countries on different levels, from administration to citizen initiatives.

Big Pharma, tech companies and wealthy Americans bag dramatic profits during COVID-19

Pharmaceutical and tech companies and wealthy white Americans benefit from dramatic pandemic profits, further exacerbating inequality.

Poverty in Nepal: A Causal Analysis

Despite a number of attempts from different sectors, poverty in Nepal is still a rampant phenomenon and the country remains one of the poorest countries in the world.

Child Labour in India: The Missing Data & The Informal Economy

By Harris Zargar

Despite various efforts, child labour in India is still a common practice. Poverty forces children to seek jobs in undisclosed service sector and many are forced into prostitution, while many other become victims of human trafficking.
Sanja Colic

Women of Bosnia and Herzegovina As Change-makers

Sanja Ivandić After suffering some of the most degrading and cruel aspects of the war, twenty years ago, women of all nationalities in Bosnia and Herzegovina have managed to stay equally interested in the country's development, to invest in their education, to develop the most creative ways of self-employment through rural agriculture, crafts, arts, as well as to become change-makers through civil society initiatives.
singha-durbar

Development in Nepal: Jeopardized by 23 Governments in 24 Years

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By Rajendra Senchurey Nepal’s counterparts in Asia have progressed dramatically in these decades. But since the advent of multiparty democracy, Nepal has not achieved anything significant. Quite surprisingly, in terms of economic progress, Nepal exhibits the characters of a Sub-Saharan economy. Then what is the cause of Nepal’s stagnation?

Microfinance and development: Do the math

By Lykke Andersen A lousy little loan, which seemed like a good idea at the time, doomed Micky to a life in extreme poverty and heavy indebtedness, while Savvy, who couldn’t get a loan, did very well. So, if you thought micro credit will help solve the problem of poverty, you might want to do a bit of math to understand the astonishing power of compound interest.

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