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  Foreign investment in Nepal in the 1980s: A cost benefit evaluation
 
 
Titel: Foreign investment in Nepal in the 1980s: A cost benefit evaluation
Auteur: Chitrakar, Ramesh
Weiss, John
Verschenen in: The journal of development studies
Paginering: Jaargang 31 (1995) nr. 3 pagina's 451-466
Jaar: 1995-02
Inhoud: During the 1980s, like many other developing countries Nepal attempted actively to attract direct foreign investment. This article reports the results of a survey of the foreign-owned firms in operation at the end of the 1980s. The motives of firms for their investment decisions in Nepal are summarised. The impact of foreign investment is assessed quantitatively using both financial and economic cost-benefit criteria. In general, it appears that foreign investment has been beneficial to both the foreign investors and the national economy. Foreign investors from India have played a particularly important role. However, much of the national returns from foreign investment is derived from the payment of taxes, so that an excessively generous policy of tax incentives may not maximise national returns.
Uitgever: Routledge
Bronbestand: Elektronische Wetenschappelijke Tijdschriften
 
 

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