Wednesday, December 19, 2012

Nepal is poor is assets but rich in spirit

According to the CIA World Factbook, Nepal is one of the poorest and least developed countries in the world...which I witnessed and confirmed from my travels there. Their main source of income comes from Agriculture, which employs 75% of their total population. Farms can be seen for miles on end! However, unlike farmland that you would picture in the United States, there are farms in Nepal that are tucked deep into the mountains! This is a picture I took while I was there:


While flipping through channels on the Nepalese TV stations, I stopped on the news channel and as I was watching I learned a little about their economy. It seems that they have had a very unstable central government and have made little efforts to "engage in world markets", as the newscaster put it. In addition, they, like us, have a trade deficit. They are importing $5 billion worth of goods per year while only exporting around $1 billion worth of goods.

I talked to some locals during my travels about their jobs and the economic situation in Nepal and almost all of them said they were underemployed, or overqualified for their jobs and that ever since leader Madhav Kumar resigned in 2010 in order to break away from the Maoist Party, government stability just hasn't been the same. People in Nepal aren't as free as they would like to be. And since the Maoist party in Nepal resents Indian influence within their country, they have recently called for a ban on Bollywood movies in this region. This movie goes into more detail about the current situation.



http://www.heritage.org/index/country/nepal

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