Global Economy: An Analysis in Nepal's Context to Increase Gross Domestic Product

Abstract

Abstract:  Nepal is between two superpowers, and it should always maintain its good neighbor policy, causing no harm to its neighbors. Nepalese need to utilize their comparative advantage in the production of daily agricultural products. Biodiversity needs to be utilized for the benefit of the masses. The Gross Domestic Product (GDP) comparison has been made, and other neighboring countries recognized their potential and used it for development, still lacking by Nepal. Nepal is not the only market concept that needs to be changed; it should turn into a competitive producer as well. The Youth need to be attracted to the sector of production, and a market guarantee should be made by the government. Nepal can sell electricity optimum level; it is only possible with good diplomacy and motivation to the Nepalese diaspora for investment. Hassle-free Electricity production should be made.  Nepal has deposits of more than 100 minerals, which should be mined as soon as possible to increase its GDP. All countries have exploited natural resources for their development, and Nepal should not lag.