05 мая 2015 20:21

Rebuilding the economy of Nepal after the earthquake crisis

 It is probable that the total cost of the earthquake crisis will be much higher than expected. The direct impact is evaluated roughly around 5 billon dollars. The indirect consequences on the economy will probably be much worse and could reach almost 20% of Nepal’s GDP. The country is entering into a Dark Age. The network of infrastructure systems, which is vital for economic prosperity, is completely destroyed and there is almost no doubt that the Nepal will go into recession this year. After the earthquake, the economy of Nepal is almost as bad as Zimbabwe.

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