Its three most visible ambitions—foreign investment, tech leadership and fiscal transformation—all face the same fundamental obstacle: weak institutional and bureaucratic capacity.

A managed crawl links the Nepali rupee to the Indian rupee but permits adjustments over time.

Nepal has the democracy it collectively enables, not the one it claims to want nor the one it imagines.

The Nepali banking industry has come far since the first three foreign banks entered our small, largely untapped economy three decades ago.