Nepal tourism is yet to go a long way

Published on : Friday, August 18, 2017

Nepal tourismAs Dr. Perry Haan says that this summer he got the chance from the Fulbright Program to work and impart teaching in Nepal. As we are know that the Fulbright program offers scholarships to the US students and faculty members who would work in countries outside the U.S.A. Dr. Haan narrates that as he writes this, he would have been half way through a five week visit to Kathmandu. He will be doing his research along with the faculty member at King’s College and at the same time delivering guest lecture on marketing and entrepreneurship to the students.

 
Nepal has majorly become a market-based economy in the past few years. If we look back, communism and monarchies didn’t do to support market activity in Nepal. It’s only from the year 2005 that a market centric government has taken the lead in supporting entrepreneurial activity.

 
Political disruption and dearth of economic activities have generated poverty in the country. In Southeast Asia, Nepal is considered as the poorest country and one of the 12 deprived countries in the world.

 
In the world, Nepal is majorly known for being the home of Mt. Everest. More than 1,000 people had put an effort to climb Everest every year with about half reaching the summit. Regardless of this fact, tourism is yet to become one of the key contributors to the economy of the country.

 
Nepal tourism accounts for only 7 percent of the Gross Domestic Product, comparatively low for a small-sized economy which has huge potential to explore!

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