Posted by: eminitrader January 27, 2007
Nepal ???
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Here is what I think needs to be done: First of all The Republic of Nepal is a must and the president should be the head of the state (eg. the US) and not the prime minister (eg. India). Looking at the previous elections it is possible that no single party can get all the votes for a majority. In this case there are always chances for a hung parliament and more fights and more elections. The president can be elected for 4 or 5 years as per the new constitution. The new constitution should provide people the freedom to pursue their own interest and freedom to make money and the freedom to live the way they want as long as their freedom is not hurting other people's freedom. People who work hard and make money in a legal way should not be harrashed by anyone including the government in the form of higher taxes. Beauracrats should be appointed for the life or their retirement age. For example when the Congress came into power they brought their people and transferred or fired the existing beauracrats. Later on when the UML came into power they brought their people and fired Congress people. Beauracrats have to pass a standarized test where they would be tested on their abilities to manage. Atleast for the next 20-30 years the government should have quotas for people/ethnic groups that have not been as priviliged as the rest of the people. This quota system should be based on income than on ethnicity. This should bring lots of people that have been supressed to the mainstream. Government should eliminate protectionism and encourage free trade. By 2050 India and China will be two of the biggest markets in the world. The trade between them will suprass the trade currently between the US and Japan which is only second to the US and Canada. If we can act as a medium and facalitate trade between them we can make a lot of money and upgrade the living standard for all Nepalis. In order to do so we need to build infrastructure to link India and China. Government's job should be to serve people and not rule people so the government should be small and efficient. It is necessary to privatize every government agency. Foreign investment should be encouraged and they should be allowed to own 100% of a company if they want to do so. When they want to take their money we should not create any problems either. There are many more things that can and should be done but the most important thing right now is order and security. Once there is order and security everything will be possible. More later.
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