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Trade policy reforms for the twenty-first century : the case of Nepal (Английский)

This report examines how Nepal could move away from a remittance-driven growth model by reforming its trade policies to increase competitiveness. In Nepal, remittances are a key source of income of foreign exchange. They help alleviate financial constraints of households, lifting many out of poverty. However, from a macroeconomic perspective, remittances also contribute to large trade deficits, and to an appreciation of the real exchange rate (World...
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