Buddhism Tourism, a Noble Path to Economic Prosperity for Nepal: Existing Stagnation and Way Forward.

Atindra Dahal

Abstract


Economic development, though profusely expected and awaited, has been consistently annihilated in Nepal, since long. Every political movement and upheaval spreads the commitment of economic prosperity but ends up with same tragic fate and sordid reality. Thus, people have largely grown pessimist. Even though, high sounding talks and rhetorically confusing discourses are regularly allotted from state mechanism, some small initiatives might cause a paradigmatic shift to assure the economic prosperity and foil financial stagnation of the nation. Buddhism tourism may be one of such milestones to command far reaching positive and progressive consequence in Nepal’s economy. This article empirically analyzes the possibility and argues for very cue. 


Keywords


Economic Prosperity, Buddhism Tourism, Tiger Economies, Nepal

Full Text:

PDF

References


Adelman, I and Morris, C.T. Society, Politics and Economic Development. A Quantitative Approach. USA: Hopkins Press, 1967.

Aghion P. and Armendáriz B. A New Growth Approach to Poverty Alleviation. MIMEO: Harward University, 2004.

Anderson, Jeffrey. “Europeanization and the Transformation of the Democratic Polity, 1945- 2000”. Journal of Common Markets Studies 40 (5), 2002. P+ 793-822.

Armingeon, Klaus. “The Effects of Negotiation Democracy: A Comparative Analysis”. European Journal of Political Research 41 (1), 2002 P+ 81-105.

Ashley, C. Participation by the Poor in Luang Prabang Tourism Economy: Current Earnings and Opportunities of Expansion. ODI and SNV, 2006.

Barro, Robert J. “Economic Growth in a Cross Section of Countries”. Quarterly Journal of Economics 106, no. 425, 1991. P+ 407–43.

Basnett, Yurendra, Giles Henley, John Howell, Harry Jones, Alberto Lemma and Posh Raj Pandey. Structural Economic Transfermation in Nepal. A Diagnostic Study Submitted to DFID Nepal. London: Overseas Development Institute, 203 Blackfriars Road, SE1 8NJ, 2014.

Bassiouni, Cherif. “Towards a Universal Declaration on the Basic Principles of Democracy: From Principles to Realization”. Democracy: Its Principles and Achievement. Geneva: Inter Parliamentary Union, 1998. P+1-20.

Bellù, Lorenzo G. “Development and Development Paradigms”. A (Reasoned) Review of Prevailing Visions. USA: Food and Agriculture Department of Untied States, May 2011. Issue Paper.

Bhatta, S. D. and Sharma, S. K. “The Determinants and Consequences of Chronic and Transient Poverty in Nepal”. CPRC Working Paper No. 66. Manchester: Chronic Poverty Research Centre, 2006.

Bhattarai, Prakash. "Migration of Nepalese Youth for Foreign Employment: Problems and Prospects”. A Review of Government Policies and Programs. Nepal: Oct, 2005.

Biggs, T., J. Nasir, K. Pandey, and L. Zhao. The Business Environment and Manufacturing Performance in Nepal. Washington DC: World Bank and the Federation of Nepalese Chambers of Commerce and Industry, 2000.

Bourguignon, F. and Morrisson, C. Inequality and Development: the Role of Dualism. Journal of Development Economics 57:2, 1998. P+33-57.

Chaudhary, Binod. An Encounter with Politics. Nepal: CG Foundation, 2069.

Daniels, Ronald J. and Trebilcock, Michael J. Rethinking the Welfare State: The prospects for government by voucher. UK & USA: Routledge, 2005.

Fukuyama, Francis. State Building: Governance World Order in Twenty First Century. UK: Profile Books, 2009.

Graner, E. and David Seddon. "Nepal's Remittance Economy: A Decade Change". Nepalese Economy: Towards Building A Strong Economic Nation–State. Edited by M. K. Dahal. Kathmandu: Tribhuvan University, 2004.

Hall, M. “Buddhism, Tourism and the Middle Way”. Tourism, Religion and Spiritual Journey. Edited by Olsen A. and Timothy D. Oxon: Routledge, 2006. P+ 172-185.

Hites, Ahir, and Loungani, Prakash. “Fail Again? Fail Better? Forecasts by Economists during the Great Recession”. USA: George Washington University Research Program in Forecasting Seminar, 2014.

Holliday, Ian and Wilding, Paul. Welfare Capitalism: in East Asia Social Policy in the Tiger Economies. USA: University of Manchester/ Palgrave Macmillan, 2003.

Jhingan, M.L. International Economics. India: Konark Publishers Pvt. Ltd, 1986.

Lijphart, Arend. Democracy in Plural Societies. London: New Haven, 1997.

Mauro, Paolo, Rafael Romeu, Ariel Binder, and Asad Zaman. A Modern History of Fiscal Prudence and Profligacy. IMF Working paper 14/117. Washington: International Monetary Fund. 2013.

O’Connor, J. The Fiscal Crisis of the State. New York: St Martin’s Press, 1973.

Pritchett, Lant, and Lawrence H. Summers. Asiaphoria Meets Regression to the Mean. NBER Working Paper No. 20573. Cambridge, MA: National Bureau of Economic Research, 2014.

Rahman, Anisur. “Marketing of Bihar Tourism – A Buddhist Destination Transforming to Leisure Destination”. Scholarly Journal of Business Administration, Vol. 2(6). P+ 112-122. October 2012. ISSN 2276-7126.

Samuel, Beal. Travels of Hiouen Thsong Vol. 11, Calcutta: Sushi1 Gupta (India) Ltd.,1958.

San, Chan Khoon. Buddhist Pilgrimage. Malaysia: Subang Jaya Buddhist Association, 2002

Schmidt, Manfred G. Demokratietheorien. 3rd Edition. Opladen: 2000.

Tilak, J. Education and Development: Lessons from Asian Experience. New Delhi: National Institute of Educational Planning and Administration, 2000.

Vaidya, T.R. - "Nepal and Emperor Asoka". Voice of History Vol. XI1 No. I. (Journal of Central Department of History), T.U. 1997. P+18

Vatter, Adrian. “Three Dimensions of Democracy: A Cross-National Analysis of Forms of Government in 23 Advanced Democracies between 1997 and 2006”. Paper presented at the Workshop No. 18. 35th Joint Sessions of Workshops of the European Consortium for Political Research. Helsinki, May, 7-12, 2007.

Reports

Constitution of Nepal. Article 18, sub-article 1 and 2. Nepal: Secretariat of Constituent Assembly, 2015.

Diverse Beliefs: Tourism of Faith Religious, Tourism gains ground by Strategic Initiatives & Government Advisory (SIGA) Team. India: FCCI and Yes Bank limited, 2012.

Investing in the Buddhist Circuit. India: International Finance Cooperation, World Bank Group, 2012.

Lumbini Support Project. Nepal: UNDP/UNESCO, Brochure printed, October 2013,

Nepal: Critical Development Constraints. United Kingdom: Asian Development Bank (ADB), Department for International Development (DFID), and International Labour Organization (ILO), 2009.

Nepal’s Economic Outlook 2013/2014. Nepal: Institute for Integrated Development Studies (IIDS) 2014.

Report on Nepal Labor Force Survey, 1996. Nepal: Central Bureau of Statistics/National Planning Commission, 1997.

Towards sustainable spiritualism: Buddhist Tourism, Linking Cultures and creating livelihoods.

India: Public and Social Policies Management (PSPM) Group, YES BANK, 2014.


Refbacks

  • There are currently no refbacks.


Creative Commons License
This work is licensed under a Creative Commons Attribution 3.0 License.