Journal of Development and Administrative Studies

Tourism as a Catalyst for Socio-Economic Transformation: Insights from Sharangkot, Kaski

Laxmi Kanta Sharma — Thu, 31 Dec 2020 00:00:00 +0000

This research examines tourism's impact on Sharangkot's socio-economic landscape, a key destination in Nepal's thriving tourism sector. Focusing on communities transitioning from agriculture to tourism, the study used a quantitative method, surveying 100 local households. It analyzed the correlation between tourism and socio-economic variables, considering both benefits (like job creation and infrastructural growth) and challenges (such as inflation and environmental issues. Results show tourism significantly improves Sharangkot's living standards, bringing economic advantages and infrastructural enhancements, but also raising costs and environmental concerns. The study underscores the need for sustainable tourism strategies that harmonize economic and environmental interests. It also suggests further research to delve deeper into the complex interplay between tourism and socio-economic factors in Sharangkot.

CAMELS Analysis and Market Stress Testing of Top Nepalese Banks

Dipendra Karki, Pranaya Rajbhandari — Thu, 31 Dec 2020 00:00:00 +0000

This study presents a comprehensive study of the financial stability and resilience of commercial banks in Nepal using the CAMELS approach and market stress testing. The study analyzes the performance of sample banks and examines the relationship between CAMELS variables and bank performance. The results highlight five key factors influencing bank performance in Nepal: capital adequacy (CA), asset quality (AQ), management quality (MQ), liquidity (LQ), and sensitivity to market risks (SQ). These factors have a direct influence on performance i.e. earnings per share (EPS) of the banks. Multiple regression analysis confirms significant relationships between EPS and CA, AQ, MQ, LQ, and SQ, with no significant relationship with earnings quality (return of assets; ROA). Variance inflation factor analysis confirms no multicollinearity among the variables. The study conducts stress tests on market risks such as interest rate changes, exchange rate shocks, and equity shocks to assess and measure the risks associated with market uncertainties. The findings demonstrate that top-performing banks can maintain their Capital Adequacy Ratio (CAR) above 11% under different base rate changes, showcasing their ability to maintain the required level of soundness for operations. Considering all aspects of the CAMELS analysis and market stress testing, NABIL Bank emerges as the top-performing bank, followed by Nepal Investment Bank. This research holds significant importance in assessing the financial stability and resilience of commercial banks in Nepal. The findings provide valuable insights for decision-makers in the banking sector to identify areas for improvement, contributing to a robust financial system. It also contributes to financial performance evaluation literature for researchers, policymakers, and banking industry stakeholders.

Impact of Climate Change on Tourism Sector in Nepal

Wed, 03 Apr 2024 00:00:00 +0000

Climatic variations might have a negative impact on the activities and services provided by the tourism industry. However, this idea has not yet been investigated in the context of Nepal. This study examines the monetary impact that climate change has had and will continue to have on Nepal's tourism industry and makes projections on such impacts. The economic impact assessment of climate change on Nepal's tourism sector is the first study of its sort to be conducted anywhere in the nation. This research is predicated on a conceptual model that was established on the theoretical foundation, a mathematical model that generated the tourism demand function, and an economic effect analysis that was performed on the tourism sector using secondary data. The findings of the study's analysis have been broken down into three distinct sections: a trend analysis of tourism and its contribution; regression results based on the models that have been established; and a projection of GDP for the years 2020-2030 and 2100. It is abundantly clear from the trend analysis, the analysis of loss and damage from climate-induced hazards, the econometric modeling for tourism function analysis and correlation on tourism GDP, and other research that the tourism sector is extremely vulnerable to the effects of climate change and that it will have significant repercussions. The projection of tourism's contribution to the national GDP shows that this sector has the potential to make a larger contribution, provided that the conditions that could prevent this from happening do not change. On the other hand, the rising trend of climatic factors and climate-induced dangers could potentially lead to a greater overall loss and damage in the tourism industry. As a result, it will have an immediate bearing on the contribution made to the national economy.

Corporate Social Responsibility of Commercial Banks in Nepal: Expectation or Dilemmas

Raghu Bir Bista — Thu, 31 Dec 2020 00:00:00 +0000

This study examines the practices and dilemmas of the corporate sectors to CSR in Nepal. Using explorative and descriptive methods, the study analyzes secondary and primary combo data sets covering only the financial sector, particularly private commercial banks to unlock CSR issues of the corporate sectors. As a result, the study finds a positive perception, higher awareness level and good adoption of the private commercial banks on CSR. In practice, the study gets CSR as voluntary social responsibility in almost all private commercial banks. Similarly, the study finds the least CSR size. Its flow is discrete and irregular without priority. Lastly, the satisfaction level of almost all stakeholders is poor and says that it should be obligatory to banks for encouraging implications. Since CSR practices is a dilemma to the corporate sector and the government in the imperfect open market in developing countries like Nepal, the government should come beyond the policy frameworks of CSR to transform voluntarily CSR to mandatory CSR in the practices. Furthermore, the government should improve the monitoring and evaluation system for CSR to make mandatory additional resource mobilization for social causes for improving social welfare and socio-economic justice in society for reducing have and have-not gaps.

Informality and Children’s School Performance in Nepal

Resham Thapa-Parajuli, Anju Tamrakar, Maya Timsina — Thu, 31 Dec 2020 00:00:00 +0000

The study confirms that education is the prime determinant of whether an individual worker ends up in informal jobs that are underpaid than their formal counterparts. Educated workers are paid higher wages, mostly among wealthy quintiles with more extended work experience. Most of the females are in informal employment and are getting paid less than males. Parental work significantly relates to children's academic achievement, as the offspring of formally employed parents tend to excel. Parents' level of education shapes children's school performance through motivation, monitoring, and positive behavior. Informality might push individuals into further vulnerable situations via fewer earnings, more workload, and no access to social security. We found that the parents working in informal jobs who are already paid less than their formal counterparts are less confident about the future school performance of their kids. Thus, informality could have been a vicious circle of vulnerability that less-educated parents are underpaid and less optimistic in household human capital formation through child education. It underscores the urgency of policy interventions, including facilitating the transition from informality to formality and reducing the gender wage gap.