Nepal secured the 22^nd position among 74 countries and leads the South Asian region in this report that analyzed inclusive growth of 103 global economies by growth and development, inclusion, and inter-generational equity.

The other South Asian countries followed Nepal that was ranked 27 in IDI 2017.

While India ranked 62^nd, Pakistan improved from 52^nd in 2017 to 47^th place in IDI 2018. Whereas, Bangladesh and Sri Lanka remained at 34^th and 40^th positions in the IDI 2018 against their 2017 rankings (36 and 39), respectively in IDI 2017.

Three South Asian economies including Bhutan, Afghanistan, and Maldives did not appear in the IDI 2018 list.

IDI divided the world nations into two different groups namely advanced economies and emerging economies.

With a 4.15 score, Nepal stood between slowly-advancing and rapidly advancing nations list among other countries in the emerging economies category.

Meanwhile Lithuania has led the emerging economies’ chart in IDI 2018 with a score of 4.86. Hungary, Azerbaijan, Latvia and Poland are among the other top inclusive emerging economies.

While Norway stood as the world’s most advanced economy, Iceland, Luxembourg, Switzerland and Denmark were featured as the other four top advanced economies.

IDI measures economies ‘performance based on their economic progress in various terms in addition to the Gross Domestic Product (GDP).

The post Nepal Leads South Asia In Inclusive Development appeared first on Nepali Sansar.

The three-day summit, to be held during November 14-16, 2017, is expected to witness a participation of more than 200 delegates, including Members of Parliament, ministers, senior government officials, planners and leading think-tanks and researchers from South Asian countries.

The main theme of the SAES 2017 is to strengthen economic stability in the sub-region for the inclusive and sustainable development, informed a press release by the National Planning Commission (NPC) Nepal.

NPC Nepal and the Ministry of Commerce, Government of Nepal are jointly organizing the summit in collaboration with the South Asia Watch on Trade, Economics and Environment (SAWTEE).

SAES 2017 will have 18 different sessions that would discuss wide range of topics including employment generation, trade facilitation, climate change, international labor migration, regional trade and tie-ups in power trade, measures for disaster management and Intellectual Property (IP) issues related to herbs, among others.

This regional economic platform has been successfully addressing various key issues and developmental challenges of South Asia and has emerged as an effective medium for regional integration and economic collaboration, says the Vice Chairman of National Planning Commission Swornim Wagley.

The post 10th South Asia Economic Summit in Nepal appeared first on Nepali Sansar.