Investment: Nepal’s Broken Link to Prosperity

Open any daily newspaper and the pattern is unmistakable: cash accumulates, bank deposits swell, and assets change hands. Yet firms do not scale, exports remain thin, and productive jobs are scarce. This is not a mystery of economics; it is a failure of conversion. Savings exist,but they are neither reliably turned into investment nor directed toward sectors that expand production. Money moves, but it does not build.