The Wonderful Country Nepal

Today more than 29 million people live in this country, of which one third lives below the poverty line. Nepal's per capita GDP is 1,200 US dollars. The backbone of the economy is agriculture, its main export and import partners are China and India. The Nepalese government is classified as a federal democratic republic. At the moment, the country is still unstable. From 1996 to 2006, the civil war lasted ten years. Nepal is still recovering and is occasionally dealing with the Maoists' armed forces trying to overthrow the government (BBC News: leaders of Nepal).

Despite much effort to solve this problem, the poverty of Nepal is rampant and Nepal is one of the poorest countries in the world. Nepal has been a member of the Least Developed Countries (LDC) for many years. According to the UN Development Plan 2014 Human Development Report, Nepal is ranked 145th among 187 countries in terms of human development. In recent years, poverty could be reduced by stable remittances and other efforts to reduce poverty, but the pace was very slow. A recent Oxford survey found that Nepal's poverty reduction rate is faster than India's poverty reduction rate.

There are many reasons why Nepal is so poor. These include political instability over decades and repressive rulers such as Ranas and Shah's king. Nepal is an inland country with mountainous areas, and development is very difficult. Many people think the political situation in Nepal and the interference of India against bureaucratic corruption in Nepal is the cause of Nepal's poverty. Although the definition of poverty itself is highly appreciated, many countries and institutions take various aspects to judge the poverty of the population. Nepal follows its own definition; therefore, people earning less than $ 1 a day are called poor people. According to statistics of the World Bank, in 2010, 15% of the population of Nepal lives below the poverty line of 1.90 dollars per day, estimated at 10.8% in 2017.