Posted by: gaaunle September 30, 2004
Nepal's Economy and the Maoist conflict
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Even though, Nepal is a semi-fudal country, it is moving towards capitalism. Maoists, like Dr. Bhattarai, prefer to use jargons to make it feel like Nepal has been hibernating in the era of feudalism and semi-feudalism. But, when you look into the country itself, you find it is moving and evolving away from feudalistic traditions. Nepal adopted capitalistic ideals in the mid 80s, at times with "encouragement" of donor organizations like IMF and the world bank. By the time, Maoists started their insurgency - privatization, free market had been the dominant economic thought within and outside the state structure. SEOs (State Owned Enterprises) were (are) being privatized, country was (is) opened for foreign investments .......... Even though, Nepal is yet to be a completely capitalist country, it was in the process of change and at the midst of that change we saw Dr. Bhattarai running for guns. Now, interesting question probably is to ask, whether such change in economic and (to some extent) social structure had anything to do with the rapid rise of the insurgency ?
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