Question

" Nepal is rich in natural resources but yet lags in development ". What are the main reason behind it ?​

Answer 1

Answer:

This is what I have written in response to a similar question.

Its was under elite control for a long time

Its landlocked nature works against the growth of economy

Though there is a deepening of democracy during the last two decades, that has not led to the allocation of adequate resources to the poor. There is elite control in rural economy.

The competitive democracy is yet to stabilize. The size of the middle class is not that important.