Nepal, July 16 -- Nepal has long been a country of great potential. Yet our economy has underperformed. We are trapped in low-growth cycles, political instability and the paralyzing grip of bureaucracy. For decades, our pursuit for double-digit economic growth has been confined to rhetoric, panel conversations and op eds, including this one perhaps.Status QuoIt is quite clear that the status quo cannot deliver transformational growth. It is also a fact that reforming the economic machinery spanning politics, bureaucracy, and an uninspired private sector has proven elusive. Despite decades of donor-funded capacity building and waves of administrative restructuring, the system remains fraught with inefficiency, patronage and inertia.In ord...
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