Year
Publisher
Journal
1
Institution
Institution Country
Publication Type
Field Of Study
Topics
Open Access
Language
Filter 1
Year
Publisher
Journal
1
Institution
Institution Country
Publication Type
Field Of Study
Topics
Open Access
Language
Filter 1
Export
Sort by: Relevance
Relationship between Capital and Recurrent Expenditure with GDP Growth in Nepal: An Autoregressive Distributed Lag (ARDL) Approach

This study examines the relationship between Capital and Recurrent Expenditure with GDP Growth in Nepal. Employing a multivariate autoregressive distributed lag (ARDL) approach to the data from 1974 to 2020, the empirical findings reveal a strong long-run relationship between recurrent and capital expenditure with the nominal GDP. Interestingly, the impact of recurrent expenditure is higher than that of capital expenditure on GDP in the long run. However, the analysis highlights no clear short-run relationship. The weak short-term relationship observed may be due to the leakage of multipliers and the concentration of a major portion of expenses towards the end of the year. Consequently, the study calls for reforms in the implementation of the government budget, ensuring the even distribution of expenses throughout the fiscal year. Also, the government can increase the efficacy of its spending in the short run by pursuing policies that plug in the leakages of the spending multiplier. The outcomes of this research contribute to the broader discourse on the optimal allocation and implementation process of government resources and provide valuable insights for policymakers in Nepal seeking to bolster economic growth and development.

Read full abstract
Open Access
The Study of Performance of Provincial Governments: Does Frequent Transfer of Officials Matter?

Nepal is federal country with three levels of governments, viz. federal, province and local. Among these, province government is new structure and its performance is important for the stability of province and the federal system. The performance of province is mainly determined by the frequency of transfer of top level bureaucrats and the availability of the staffs in province ministry. This study establishes the relation between frequent transfer of top level bureaucrats, availability of staffs and the performance of province government further digging out other factors affecting the performance of province government. The purpose of the study is to examine data from secondary sources, focus groups, field observations, interviews with key informants, and other sources that includes both quantitative and qualitative data. The study established the relation between performances of province government with frequent transfer of top level bureaucrats of province ministries of Lumbini Province. There has been effect of such frequent transfer of the top level bureaucrats in the performance of Lumbini Province government to the large extent in planning, implementation, resource management, risk management, liability management, accountable management, effectiveness of office, coordination among other staffs and offices, and policy making. But the impact on daily office operation has been found very low. Federal and province governments are suggested to reduce the frequent transfer of top level bureaucrats and manage the full staffing condition of province ministries.

Read full abstract
Open Access
स्थानीय आर्थिक विकासको वातावरण बनाउन के गर्ने ? {What to do to create an environment for local economic development?}

यस लेखमा स्थानीय आर्थिक विकासको नीतिगत तथा कार्यक्रमगत प्राथमिकता एवम् सीप विकास तथा सदुपयोगको अवस्था सम्बन्धमा वि सं २०७७ देखि २०७९ को अवधिमा स्थानीय तहका राजनीतिक पदाधिकारी एवम् कर्मचारीहरुसँग गरिएको अलग अलग दुई अध्ययनबाट प्राप्त भएका निष्कर्षहरु समेटिएको छ। दुवै अध्ययनमा अध्ययन विधिको रुपमा समूह छलफल र प्रश्नावलीको प्रयोग भएको छ। अध्ययनबाट प्राप्तनिष्कर्षका आधारमा भन्नुपर्दा फुटकररुपमा विभिन्न कार्यक्रमले स्थानीय आर्थिक विकाससँग सरोकार राखेको देखिएपनि स्पष्ट नीतिगत खाका र संरचनागत पहल भने भएको भेटिएन।त्यस्तै सीपमूलक जनशक्तिको माग र आपूर्तिबीच खाडल छ। यो अध्ययनले स्थानीय आर्थिक विकासको लागि सबै स्थानीय तहहरुले आआफ्नो क्षेत्रमा सम्भावना विश्‍लेषण गरी कृषि, उद्यम विकास र पर्यटन गतिविधिमा सबै पक्षबाट सहयोग जुटाउनुपर्ने निष्कर्ष निकालेको छ भने सीप विकासतर्फ सीपको नक्शाङ्कन गरी व्यवसायिक योजना विकास गर्न समेत सिकाई रोजगारी तथा आय वृद्धिको प्रत्याभूति गर्नुपर्दछ।

Read full abstract
Open Access