Nepal Now!
On April 10th, Nepal held successful and peaceful elections, declared a success by international organizations like the Carter Center. (16 April 08).
Additionally, the BBC reported: "A senior army figure, Brigadier General Shiva Ram Pradhan, has expressed the willingness of the military to work with the new government." (16 April 08)
So far the outlook is good for a stable government.
The Maoists are also reported as saying: “Our immediate agenda is not to build socialism, but to build a strong economic foundation . . . to develop industrial capitalism, to abolish all remnants of feudalism,” said Mr Bhattarai, who is an architect by training. (FT, 16 April 08)
...and so far the outlook is good for capitalism.
Now all we need is some entrepreneurship to get this party started and put Nepal on the path to growth and job creation.
Global Entrepreneurship Week Nepal could be an additional tipping point for the country.
But we still need partners and sponsors.
Sign-up, be a part of history!
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Why Nepal?
Why Nepal?
Landlocked between two emerging behemoths, Nepal now has its best chance to enjoy similar prosperity. Nepal is at a turning point in its history. In 2006 the people of Nepal took to the streets and demanded democracy. In April, 2008 Nepal is scheduled to have free and fair constituent assembly elections.
The country's future as an enterprising democracy is at a tipping point. A mid to low Gini coefficient (47.2)[1], a pluralistic society, a rising middle class and recent reforms of the feudal land distribution system are very positive signs. However with only 17% arable land, 81% of the division of labour in agriculture, a distinct HDI difference between urban and rural areas, and 47% unemployment, inter-group inequality and unemployment could destroy Nepal's hope for a progressive government and prosperous future.
Nepal needs encouragement, now more than ever.
Why Entrepreneurship?
We believe promoting entrepreneurship will have definitive positive effects. It will:
Promote a positive entrepreneurial culture, seeding the ideas and encouraging more Nepalese youth to start their own businesses and thus spur job creation.
Educate Nepales youth not just on the the benefits of an entrepreneurial society but on the Entrepreneurial Framework Conditions (EFCs) as well. The EFCs are political and social conditions that are associated with highly entrepreneurial societies. Thus educating citizens to encourage positive growth policies. [2]
Our Situation
Though we are highly motivated to make GEW Nepal into a reality, we are short on resources and need help to increase our level of effectiveness. We currently have the moral support of the Nepalese government and a few local NGOs and if funded, we plan on holding lectures and workshops at Nepalese Universities with local professors and successful local entrepreneurs as partners.
However, most countries participating in GEW are only using local partners. We want international partners as well. Nepal is a poor, often over-looked country, with an annual growth rate of 2%. Knowledge transfer from international experts combined with local talent could help accelerate growth.
[2] “Entrepreneurial Framework Conditions (EFCs)”; term taken from the Global Entrepreneurship Monitor 2007
[1] World Bank, 2003-2004
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INCON
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