Fiscal Federalism and Provincial Performance in Nepal: Rethinking Allocation, Efficiency, and Accountability in the Post-Gen Z Protest Era

Fiscal Federalism and Provincial Performance in Nepal: Rethinking Allocation, Efficiency, and Accountability in the Post-Gen Z Protest Era

Nepal’s post-2015 transition to federalism tests whether decentralised public finance can deliver inclusive subnational growth. Drawing on the Nepal Competitiveness Index (NCI 2026), this paper argues that while federalism has institutionalised a rules-based system of...
The Real Test of Nepal’s LDC Graduation: Fiscal Discipline, Regional Integration, and Subnational Competitiveness

The Real Test of Nepal’s LDC Graduation: Fiscal Discipline, Regional Integration, and Subnational Competitiveness

Nepal’s graduation from the Least Developed Country (LDC) category in 2026 is more than a milestone: it is a stress test of whether the country can sustain growth without the cushion of preferential support. We demonstrate that Nepal’s longstanding...