Nepal, June 1 -- Nepal's landlocked status and logistical hurdles have created deep trade inefficiencies, worsened by its reliance on India for access. As the global economy shifts towards a 'weightless and borderless' model driven by ideas and technology rather than the physical form of products, Nepal has a chance to bypass these limitations. A knowledge-based economy-spanning agri-tech to digital services-can unlock new growth. Estonia's e-governance and Rwanda's tech innovation show how even resource-scarce nations can thrive by leveraging human capital and digital infrastructure.

Nepal's heavy reliance on remittances and labour exports-mostly unskilled-raises serious questions about long-term sustainability and equitable progress. W...