This policy paper critically examines the evolution, effectiveness, and shortcomings of Nepal’s investment, industrial, and trade policies over the past nine decades. Despite various reforms and liberalization efforts, Nepal has failed to attract…
A great deal of information is available on international trade flows and potential markets. Yet many exporters do not know how to identify, with adequate precision, those markets that hold the greatest potential. Even if they have access to…
Using firm-level data from two selected African countries, we examine whether firm-level investment in physical capital is a possible channel through which less productive firms gain entry into export markets. Our findings reveal that non-exporters…