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Role of Financial and Technology Inclusion, Remittances and Exports vis-à-vis growth: A study of Nepal

Author

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  • Kumar, Ronald R.
Abstract
Using the ARDL Bounds approach to cointegration technique, we explore the role of financial services, information and communications technology, remittance inflows and export liberalisation in Nepal over the periods 1975-2010. The results show that financial development, telecommunications, remittance inflows and export orientation are instrumental in improving income level both in the long and short-run, although in the latter, the effects from financial and technology inclusion and remittances have lagged negative effects. Consequently, we propose besides the need for stable macroeconomic and sound institutional structures, policies targeted towards greater financial viz. technology inclusion, investment in and integration of technology across sectors, encouraging greater remittance inflows through sound labour mobility schemes, export promotion strategies focussed towards not only addressing supply side constraints but also strengthening trade partnership at regional and international fronts as a crucial way forward to establishing a new economic order for a new Nepal.

Suggested Citation

  • Kumar, Ronald R., 2011. "Role of Financial and Technology Inclusion, Remittances and Exports vis-à-vis growth: A study of Nepal," MPRA Paper 38850, University Library of Munich, Germany, revised 17 May 2012.
    • Handle: RePEc:pra:mprapa:38850
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    References listed on IDEAS

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    Cited by:

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    More about this item

    Keywords

    Information and communications technology; financial development; trade openness; remittances; Nepal;
    All these keywords.

    JEL classification:

    • F24 - International Economics - - International Factor Movements and International Business - - - Remittances

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