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Showing posts with the label Analysis of Nepal Youth Economic Frustration

Youth Migration, Economic Frustration, and Governance Challenges in Nepal

Introduction Nepal faces a complex interplay of economic stagnation, political instability, and social  discontent, with youth migration emerging as both a symptom and a driver of these  challenges. Remittances from migrant workers contribute over 25% of the country’s GDP,  offering critical lifelines for households but masking deeper structural weaknesses. Despite  short-term financial benefits, reliance on migration has intensified youth frustration,  unemployment, and protests demanding accountability. Economic Dependence on Remittances Remittances have grown steadily in recent years, increasing from NPR 10.7 billion in  2021/22 to NPR 12.2 billion in 2022/23 (Nepal Ministry of Finance, 2023). While this  inflow sustains household consumption, it conceals underlying issues such as limited  domestic job creation, weak investment climates, and widespread corruption. Heavy  dependence on remittances also leaves households vulnerable to global...