Abstract

Political leaderships in the global south emerged in course of anti-colonial movements or movements against domestic authoritarianism. The leaderships in these liberation movements also laid foundation for social and economic development of the respective countries, besides political transformation. This article analyzes economic thinking of BP Koirala of Nepal, who led the land-locked country to transform from Rana oligarchy to political democracy. Information by interviews and narrative analysis show that BP's economic perspectives were in germinal form, though he discussed on varieties of issues such as industrialization, land reform, tax, foreign aid, technology and planning. BP's concept on these economic issues represent desire and aspirations of a land-locked underdeveloped country Nepal in the fifties, which was about to relieve it from Rana oligarchy and embark into socio-economic modernization. His ideas were contextual that refer to his ideals of democracy and socialism and his affiliation with foreign leaderships and institutions. Besides the pursuit of economic development, BP's views on economy represent his political strategies to counteract feudal social and political order, seek his leadership's legitimacy, and build a broader coalition for political objectives. Nevertheless, BP's economic views seem to be people centric and hence tend to influence governments as prescription policies.
 Int. J. Soc. Sc. Manage. Vol. 7, Issue-1: 21-29

Highlights

  • Political leaderships in the global south emerged during the liberation movements organized to end foreign colonial rule or domestic despotism

  • BP Koirala's economic thinking emerged in the middle of the forties and evolved until the late eighties, the period when the global south remained a space in the bipolar global political economy

  • Economic ideas are mostly contextual and part of the political movements he himself waged at different timelines

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Summary

Background

Political leaderships in the global south emerged during the liberation movements organized to end foreign colonial rule or domestic despotism. Mao Tse Zung of China opposed western capitalism, vowed the importance of Chinese values, and founded the political economy of Maoism In common, these leaderships confirmed to the ideals of self-reliance, decentralization, local values, and people-centric approach of change. Socialist political parties in Asia formed Asian Socialist Conference (ASC) that held its first conference in 1953 in Myanmar This foundation was a body of anti-capitalist, non-aligned, and non-Eurocentric world-view that offered 'socialism with Asian Characteristics' (Zande, 2017). He founded Nepali Congress Party, socialist in orientation, in 1946 and vowed democracy, socialism and development He had connections with prominent anti-colonial movement leaders Mohandas Karamchandra Gandhi (India), Mao Tse Zung (China), J. This article analyzes BP Koirala's narratives and information sought from key respondents to analyze his economic thinking and answer questions such as; what aspects of economy BP discussed and whether his economic thinking was strategy or legitimacy of his leadership

Economy and Economic Development by BP Koirala
Time Period
Agencies for Industrialization
Foreign Aid
Land Reform
Production and Productivity
Control of the Means of Production
Findings
Conclusion
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