NEPALESE ECONOMY | KATHMANDU UNIVERSITY | SEM III 3

FEEN: The Ultimate Development Economics & Nepal Economic History Resource Hub

FEEN: Development Economics Library

Welcome to our comprehensive, open-access repository. Here you will find critical economic texts, lecture series on structural change, impact evaluation methodologies, and a profound deep dive into the economic history of Nepal.

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Browse, preview, and read all of our PDFs directly from our Google Drive repository. Double-click any file below to open it in preview mode right here on the website.


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Part I: Foundational Economic Texts

1. Economics of Development (7th Edition)

TextbookMacroeconomicsGlobal Development

Authored by Perkins, Radelet, Lindauer, and Block, this is a comprehensive and industry-standard textbook exploring global patterns of development. This critical text covers the measurement of economic growth, the delicate balance between states and free markets, and the fundamental roles of population dynamics, education, health, and macroeconomic policies in shaping developing nations.

Access via Google Drive

2. Development Economics by Debraj Ray

TextbookEconomic TheoryPoverty

Debraj Ray provides a rigorous theoretical framework for understanding developing economies. This text dives deep into the mathematical and theoretical mechanisms of poverty traps, the nuances of rural credit markets, agricultural tenancy, and the inherent economics of inequality and underdevelopment.

Access via Google Drive

3. Economic Development (13th Edition)

TextbookPolicyCase Studies

Authored by Todaro & Smith, this is the leading textbook in the field, presenting economic theory in the context of critical policy debates. It provides a balanced introduction to the requisite theory driving policy issues, recent research, and specific country case studies, helping students map theory directly to real-world outcomes.

Access via Google Drive

4. Why Nations Fail

Institutional EconomicsPolitical Economy

A groundbreaking book by Daron Acemoglu and James A. Robinson that answers the ultimate question: why are some nations rich and others poor? The authors argue that it is not geography, disease, or culture that explains the divergence, but rather the nature of a nation's political and economic institutions—specifically whether they are inclusive or extractive.

Access via Google Drive

5. The Wealth of Nations

Classical EconomicsFree Markets

The foundational classic of modern economics by Adam Smith. This magnum opus introduces the concepts of the "invisible hand," the division of labor, and the fundamental mechanisms of free markets and capital accumulation that built the modern industrialized world.

Access via Google Drive

Part II: The Economic History of Nepal

6. Chapter 1: Isolation, Isolation and Isolation

Nepal HistoryKathmandu ValleyTrade

Explores the early historical context of Nepal's economy. This chapter details Prithvi Narayan Shah's conquest of the Kathmandu Valley and its highly strategic role as a monopoly trade hub between the fertile plains of India and the northern plateaus of Tibet.

Access via Google Drive

7. Chapter 2: Mixed Economy of the 1950s

Nepal HistoryMonetary PolicyRana Regime

Examines the turbulent period after the fall of the Rana regime in 1951. It highlights the dualistic nature of the economy, the massive complexities of operating a dual currency system with the Indian Rupee, and the founding of the Nepal Rastra Bank to stabilize monetary policy.

Access via Google Drive

8. Chapter 3: The Landowning Elite & Plains of Discontent

Agrarian SystemsRana AutocracyLumbini

A deep dive into traditional land tenure systems in Nepal (raikar, kipat, birta, jagir) that concentrated wealth in the hands of the aristocracy. This is paired with "Plains of Discontent," which details the Rana family's rise, their exploitation of the Tarai forests for timber wealth, and the archaeological rediscovery of Lumbini.

Access via Google Drive

9. Chapters 4 & 5: The Disappointing Private Sector & The Business of Development

Private SectorForeign AidDevelopment Industry

These chapters critically assess the stagnation of Nepal's private sector, the overwhelming prevalence of micro-enterprises, and missed historical opportunities for industrialization. It also fiercely critiques the arrival of foreign aid in the 1950s and how Nepal became overly dependent on a self-sustaining international "development industry."

Access via Google Drive

10. Chapter 8: Emergence of the Remittance Economy

MigrationRemittancesLabor Force

Analyzes the historical and modern migration of Nepali workers. With stagnant GDP growth from the 1950s to the 1970s, this chapter explains how demographic pressures forced out-migration, creating the massive diaspora that fuels Nepal's current remittance-dependent economy.

Access via Google Drive

Part III: Core Development Economics Lectures

11. Topics 1 & 2: Economic Development & Structural Change

DemographicsStructural Transformation

Covers the history of economic thought from ancient civilizations to modern times, including demographic transition models. It breaks down structural change theory—how economies evolve from agrarian-based to industry and services—with specific applications to Nepal's economic trajectory.

Access via Google Drive

12. Topic 3: Agricultural Transformation & Growth in Nepal

AgricultureFood SecurityLand Reform

Explores agriculture's crucial shift from a passive sector to a primary engine of economic progress. It features global data on female landownership and specifically evaluates Nepal's declining agricultural GDP share against its persistently high labor force employment and ongoing land fragmentation issues.

Access via Google Drive

13. Topic 4: Poverty & Income Inequality

Gini CoefficientMPIKuznets Curve

A rigorous mathematical look at measuring inequality via size distribution, the Gini Coefficient, and the Kuznets Curve. It defines absolute poverty, international poverty lines, and breaks down the Multidimensional Poverty Index (MPI) regarding health, education, and living standards.

Access via Google Drive

14. Topics 5 & 6: Financing Development & Globalisation

MacroeconomicsFDIPrivatisation

Details international trade models (like Vent-for-Surplus), balance of payments, and the severe impact of the 2008 global recession on developing nations. Furthermore, it covers the risks and rewards of global economic integration and the current state of privatization in the developing world.

Access via Google Drive

Part IV: Impact Evaluation & Sustainable Economies

15. Topic 7: Impact Evaluation & The Mathematics of Evaluation

EconometricsRCTsDifference-in-Differences

A deep dive into the econometrics and methodologies used to scientifically evaluate policy effectiveness. This includes the mathematics behind causal inference, selection bias, Randomized Controlled Trials (RCTs), Regression Discontinuity Design (RDD), and Difference-in-Differences (DiD).

Access via Google Drive

16. Circular Economy & Literature Review (2015-2020)

SustainabilitySDGsGreen Economy

Contrasts the traditional "take-make-dispose" linear economy with the regenerative circular economy model. Includes an academic literature review summarizing the evolution of the concept and tracks Nepal's current progress across the United Nations' Sustainable Development Goals (SDGs).

Access via Google Drive

17. World Agricultural Production, Resource Use, and Productivity

USDA ReportTFPData Analysis

A comprehensive 2024 report by the USDA tracking global agricultural data from 1961 to 2020. It highlights the immense power of Total Factor Productivity (TFP), the shift of agricultural dominance to the Global South, and the concerning recent slowdown in global productivity growth.

Access via Google Drive

Part V: Historical Precedents & Global Case Studies

18. Ancient Wisdom: Code of Hammurabi & Fan-Li Golden Rules

Economic HistoryAncient LawBusiness Rules

A fascinating look at some of the earliest recorded rules governing commerce and society. Features L.W. King's translation of the Babylonian Code of Hammurabi, alongside the timeless "Golden Rules" and business pitfalls formulated by ancient Chinese advisor Fan Li.

Access via Google Drive

19. UNDP: Addressing Human Poverty & Key Case Studies

UNDPPro-Poor PolicySocial Movements

Real-world applications of development theory. Features a 2006 UNDP report on pro-poor policy reforms in the Asia-Pacific region, paired with critical analyses of global social movements, the destabilizing impact of corruption, and political lessons for establishing interim governments.

Access via Google Drive

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