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Economic inequality in Nepal: Patterns and changes during the late 1990s and early 2000s

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  • Udaya R. Wagle

    (Western Michigan University, Michigan, USA)

Abstract

Nepal has undergone enormous economic and political changes during the past two decades. Data suggest that these were accompanied by large and increasing economic inequality after the mid 1990s with income from house rental, employment, businesses and remittances as well as the stock of wealth in real estate and businesses constituting the leading sources. Considerable disparities existed by castes|ethnicities and spatial distinctions with upper caste Hindus and Newars and urban areas consolidating their command of resources. The deep-seated socio-cultural practices and changing political landscape appear to greatly affect the gulf between those with and without access to power. Copyright © 2009 John Wiley & Sons, Ltd.

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File URL: http://hdl.handle.net/10.1002/jid.1593
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Bibliographic Info

Article provided by John Wiley & Sons, Ltd. in its journal Journal of International Development.

Volume (Year): 22 (2010)
Issue (Month): 5 ()
Pages: 573-590

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Handle: RePEc:wly:jintdv:v:22:y:2010:i:5:p:573-590

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Web page: http://www3.interscience.wiley.com/journal/5102/home

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  1. Wagle, Udaya R., 2007. "Are Economic Liberalization and Equality Compatible? Evidence from South Asia," World Development, Elsevier, Elsevier, vol. 35(11), pages 1836-1857, November.
  2. Birdsall, Nancy & Londono, Juan Luis, 1997. "Asset Inequality Matters: An Assessment of the World Bank's Approach to Poverty Reduction," American Economic Review, American Economic Association, American Economic Association, vol. 87(2), pages 32-37, May.
  3. Menno Pradhan & Martin Ravallion, 2000. "Measuring Poverty Using Qualitative Perceptions Of Consumption Adequacy," The Review of Economics and Statistics, MIT Press, vol. 82(3), pages 462-471, August.
  4. Deininger, Klaus & Squire, Lyn, 1998. "New ways of looking at old issues: inequality and growth," Journal of Development Economics, Elsevier, Elsevier, vol. 57(2), pages 259-287.
  5. S. Mansoob Murshed & Scott Gates, 2005. "Spatial-Horizontal Inequality and the Maoist Insurgency in Nepal," Review of Development Economics, Wiley Blackwell, Wiley Blackwell, vol. 9(1), pages 121-134, 02.
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Cited by:
  1. Prof. Frank Westermann Ph.D., 2012. "Linkages between Sectoral Output Growth and Financial Development in Nepal," NRB Economic Review, Nepal Rastra Bank, Research Department, Nepal Rastra Bank, Research Department, vol. 24(2), pages 15-30, October.
  2. repec:nrb:journl:v:24:y:2012:i:2:p:2 is not listed on IDEAS

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