The Analysis..


Features of Nepalese economy


Wide range of topography
Variety of climate
Mass poverty
Dependency on agriculture
High rate of population growth
Unfavorable foreign trade
Under-utilized natural resources

Nepal is small country with an area of 147,181 square kilometers surrounded by Tibet in north and India in the south, west and east. In view if its location between two giant countries of Asia. The country stretches between 80°4ŽE to 88°12ŽE longitude and between 26°22ŽN to 30°27ŽN latitude. It is one of the landlocked countries in the world.

It is about 885 kilometers long from east to west and 193 kilometers wide from north to south on an average. It has the shape of an elongated rectangle.

It has to depend on India and China to carry out foreign trade with over seas countries in the world. The kingdom of Nepal is naturally divided into mountains, hills and Terai region. The mountains and hilly region cover about 83 percent of total land size of the country. It has just 17 percent fertile land and plain land. Since majority of the land is located in mountains and hill, the course of economic development in those regions has become very difficult. As a result, people of those regions are frequently migrating to Terai and city area.

Nepal is even famous for its geographical diversity. Here the land surface can be found from the below sea level to 8,848 meters altitude. It has eight mountains having the altitudes above 8000 meters. Even the country is gifted for its water resources. It is the second largest country having water resources. The main source of the water is the melting ice from the mountains. That is why the flowing rivers continue all the time of year. Because of the water resources, Nepal has great potentiality of hydro power. It has potentiality of  83,000 megawatts. However the viable is 44,000 megawatts.