The rice is soaked and dried... flour made and soon we will make rotis for Tihar...
one more that will never end...
coz it will come again another year.
it is here to stay...with the lights and the fun
the crackers and the diyas...
here is one more tihar ...
let's celebrate one more tihar with the sun.
Saturday, October 25, 2008
Sunday, October 19, 2008
GFC
Will the Global Financial Crisis affect Nepal?
When few CEOs shared their views on this, some were of the view that Nepal is safe from the GFC, it would not trickle down to this level, others were of the view that the effect will be to the extent of spillover from India - through our trade with the country. Still others, whom i found more realistic said that Nepal is not and cannot be decoupled from the rest of the world. How can it be decoupled? How cannot something that shook the rest of the developed world, affect us? Are we an independenlty standing...self-sufficient country? No, we are not. We live on trade, breathe on grants, loans and aids. We are at evey nook and corner, at every turn of development, closely linked with US, UK, Japan, Europe and ofcourse the emerging markets - India, China, Middle East and the like.
Ofcourse, the NEPSE stock exchange is not governed by the normal ways of stock markets. It is said just a few hot shots can make or break a stock. I believe these rumors.
So, the next question is to what extent will the GFC trickle effect be in a country like Nepal?
and are we ready to whatever happens in its name?
When few CEOs shared their views on this, some were of the view that Nepal is safe from the GFC, it would not trickle down to this level, others were of the view that the effect will be to the extent of spillover from India - through our trade with the country. Still others, whom i found more realistic said that Nepal is not and cannot be decoupled from the rest of the world. How can it be decoupled? How cannot something that shook the rest of the developed world, affect us? Are we an independenlty standing...self-sufficient country? No, we are not. We live on trade, breathe on grants, loans and aids. We are at evey nook and corner, at every turn of development, closely linked with US, UK, Japan, Europe and ofcourse the emerging markets - India, China, Middle East and the like.
Ofcourse, the NEPSE stock exchange is not governed by the normal ways of stock markets. It is said just a few hot shots can make or break a stock. I believe these rumors.
So, the next question is to what extent will the GFC trickle effect be in a country like Nepal?
and are we ready to whatever happens in its name?
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