Nepal and its Out-of-World Economy!
Few days back when the dollar rate was sky-rocketing, few interesting things happened which drew my attention as an economics student. We went to the local vegetable market there at New Baneshwar, of course to buy some fresh vegetables. The price of cauliflower had shown an increment of around 40 percent overnight and very interesting was the reason for that- look at the dollar rates that have gone up. Around those days only, we faced a similar story on the verge of buying cashew nut from a departmental store. These incidents kept me stunned till date but I believe there are few things within that the general public in our country should know. One would not be surprised if I say- we do not import cauliflower every morning but one has to accept the fact that our import-export data produced by Trade and Export Promotion Center (TEPC) did not show the import of cashew nut either. But we paid higher prices by choice- and the choice was there is no government to control these fantasized m...