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Nepal’s Political Crisis Paralyzes Economy
It’s nearly 5 p.m. and Sunil Lamichhane has yet to make a sale at his new clothing store in downtown Kathmandu. The retailer1 says Nepal’s political turmoil2 and its effect on the local economy means less money in people’s pockets for a new shirt or shoes.
“It has directly affected3 our fashion store. Because fashion comes in third, in terms of priorities, after food and shelter,” he said.
Since the end of the 10-year Maoist insurgency4 in 2006, the inclusion of the former rebels in the government in 2007 and the abolishment of the monarchy5 in 2008 - Nepal has been hit with one political crisis after another.
The country has been without a parliament for more than a year, after major political parties missed yet another deadline to write a constitution and reach a consensus6 on the structure of the government.
The political paralysis7 has not only hit day-to-day life in Nepal, it’s also deeply affected people’s confidence in their government. A recent poll found that if Constituent8 Assembly elections were to be held tomorrow, more than 50 percent of the people would not know who to vote for.
Nepali Times editor Kunda Dixit said although it may be optimistic to think that a country can go from civil war to peace and monarchy to republic in a few years without any problems, political leaders have squandered9 key opportunities to define a new state structure that would lead to stability, development and economic growth.
“Directly in the domestic economy, the fact that politicians cannot agree has led to the third year in a row where we haven’t had a full budget, which has an impact on everything, on infrastructure10, on salaries, on long term projects,” he said.
He said the only reason Nepal’s economy has not collapsed11 was because of the more than $4 billion in remittances12 sent home by Nepalis working abroad - roughly 22 percent of the country’s gross domestic product.
Deepak Pandey is one of Nepal’s young people who are now considering leaving the country for work.
Frequent strikes called by political parties have made it harder for students to attend classes at his institute. He said many have a difficult time finding a job in Nepal once they finish their education.
“The youth are not feeling secure inside the country due to this instability. They feel like there is no point in even working hard,” he said.
For now, he and other Nepalis look to the November 19 election of a new 491-member Constituent Assembly in the hope that political parties can put aside their differences, come up with a constitution and put the future of their country first.
It’s a hope also shared by neighboring economic giants India and China, who fear any instability in the former Himalayan kingdom could spill over the border.
1 retailer | |
n.零售商(人) | |
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2 turmoil | |
n.骚乱,混乱,动乱 | |
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3 affected | |
adj.不自然的,假装的 | |
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4 insurgency | |
n.起义;暴动;叛变 | |
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5 monarchy | |
n.君主,最高统治者;君主政体,君主国 | |
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6 consensus | |
n.(意见等的)一致,一致同意,共识 | |
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7 paralysis | |
n.麻痹(症);瘫痪(症) | |
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8 constituent | |
n.选民;成分,组分;adj.组成的,构成的 | |
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9 squandered | |
v.(指钱,财产等)浪费,乱花( squander的过去式和过去分词 ) | |
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10 infrastructure | |
n.下部构造,下部组织,基础结构,基础设施 | |
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11 collapsed | |
adj.倒塌的 | |
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12 remittances | |
n.汇寄( remittance的名词复数 );汇款,汇款额 | |
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