Massive quake: Economic consequences & opportunities

- Prem Khanal

The astonishing reconstruction drive that greatly helped to put the Japanese and German economics in rapid growth trajectory after the destruction they experienced in WW II is a classic example that disasters sometime provide a unique opportunity to demolish the old system and replace them with new ones. 

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The upcoming massive funding for the reconstruction drive can work as fiscal stimulus that creates jobs and initiates many multiplier effects in the economy. MORE

 

News

Social Media

  • Disheartened that even a CIAA official-official who should have worked for rule of law and justice were found involved in such corrupt activity.

    Lok Man Singh Karki
  • The entire nation celebrated Janmashtami. It is natural to remember Kurukshetra when we remember Lord Krishna.

    Narendra Modi
  • People affected by Sunkoshi landslide going through tremendous psychological pressure- Need to provide Psychological First Aid.

    Tara Adhikari
  • Pashupati's way of differentiating between Hindus and non-Hindus is totally anachronistic, arbitrary and absurd. Everyone must be allowed in.

    Kunda Dixit
  • We want & welcome Indian investment. But don't want to see Nepali people cheated & only a fistful of Nepali leaders gain during the process

    Nepali Journalists
  • Wondering why Finance Minister (Dr @ramsmahat) increased the registration cost of motorbikes. Is it because he drives an expensive 4WD?

    Nepali Journalists
  • India budget of INR 37,880 crore for highways good for subcontinent as a whole. But it could spur further exploitation of Nepal's Chure/Siwalik.

    Kanak Mani Dixit
  • Symbolism as important as substance in loud and melodramatic democracies like India - National Symbols / Like Unity/Patel Memorial important

    Samir Saran
  • When will our newsrooms realize they can control google ads? "meet pretty girls" ads are a bit distasteful next to a sexual violence story.

    Paavan Mathema
  • The announcement of Sushma's visit to Nepal may activate lobbyists of 'Hindu Rastra' and Monarchy. She would do well to ignore them.

    SD Muni
  • While preparing to visit Nepal next month Modi must restrain BJP's Hindutva forces who are promising the revival of Hindu Rastra & Monarchy.

    SD Muni
  • The Maoist defeat proves yet again their 2008 victory was a fluke- coupled with their intimidation & people's desire 4 peace.

    Nepali Journalists
  • After reading @setopati report of Rahman one can easily say its had been done to terrorize common civilian. Is police going for vendetta?

    Pramod Bhagat
  • "The only way to bring about the leveling of caste is to appropriate the culture, the education which is the strength of the higher castes. That done, you have what you want." -Vivekananda

    Nilambar Acharya
  • Politics prevails over national interest again. Opposition obstructed budget session second day also.

    Ram Sharan Mahat

Special

Opinion

  • What is the PM's Disaster Relief Fund and What it is Not? What is the PM's Disaster Relief Fund and What it is Not?

    People, agencies, NGOs, or donors with established bank accounts before April 25 can continue to receive and mobilize funds just as they used to in the past.

    Swarnim Wagle

  • Public health impact of earthquakes

    Although it is not possible to predict with accuracy which diseases will occur following certain types of disasters including earthquakes, generally, they can be distinguished as either water-borne, air-borne/droplet or vector-borne diseases, and contamination from wounded injuries.

    Pramod Regmi & Nirmal Aryal

Blog

  • Nepal will bounce back stronger Nepal will bounce back stronger

    We can work to prevent such massive losses in the future. In the past, countries like Chile, Indonesia and Japan rose resiliently from similar disasters.

    Amrit Bhandari

  • Kathmandu: A Phoenix Rising

    The skyline has changed for good, but there are now heroes to be hailed and those who succumbed to be mourned deeply as if they were our blood brothers and soul sisters. For the rest of us, it’s a new lease of life - humbled at the feet of Mother Nature, a lesson well learned; we will celebrate life, love more and value deeply the things we have.

    Geet Lama

Readers Column

  • Corporación Dinant is not driven by corporate greed

    Dinant is not in conflict with the genuine peasant associations of Honduras: Our African Palm plantations support thousands of sustainable jobs with company pensions and compensation levels well above the national minimum wage; they have also significantly contributed to improving skills, education and health. We recognize the value and importance of engaging peacefully and transparently with those that hold different viewpoints and believe that we can find some common points of mutual interest.

  • A letter to our Honorable Prime Minister

    Lighting up the capital was not an end but a beginning towards infrastructure development, implementing the power treaties, scaling the economies upwards, and to write the constitution on time.

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