Electoral mandates alone cannot fix Nepal's structural economic fragility
Nepal, Aug. 6 -- Over the past 35 years, Nepal's electoral landscape has produced four spectacular parliamentary mandates-won either by a single party or a unified alliance-including the most recent, a near two-thirds majority government led by Prime Minister Balendra Shah. Yet each of the three preceding majorities ultimately failed to complete its full five-year term, while coalition powers proved even more short-lived. Although intra-party disputes are the visible triggers for these government collapses, the root cause is subtle and systemic. In a country marked by both geographic and geopolitical vulnerabilities, a largely extractive political bureaucracy, and an economy that has persistently struggled to channel capital into producti...
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