Institute of Socioeconomic Research and Development

25/12/2025

May your world be filled with the magic of Christmas! ❄️🎁 Merry Christmas from the ISRD Family.

19/10/2025

Subha Tihar!

16/10/2025

📢 Deadline Extended! 🕒
We are pleased to announce that the paper submission deadline for International Socioeconomic Review (Volume III, Issue I) has been extended to October 31, 2025!

ISER invites researchers, scholars, and authors to submit their original and extended research papers for publication in our double-blind peer-reviewed international journal.

🧩 Themes include:
Management | Economics | Sociology | Psychology | Political Science | Public Policy | Gender Studies | Development Studies | International Relations | Natural Resource Management | Entrepreneurship & Innovation | Environmental Studies | and more!

📅 Important Dates:

🗓️ New Submission Deadline: October 31, 2025

✉️ Editor Notification: November 7, 2025

🌐 Publication Date: December 15, 2025

📧 Submit your paper: [email protected]

🔗 More info: www.isrd.org.np

13/10/2025

🚨 Breaking News: The 2025 Nobel Prize in Economic Sciences goes to Joel Mokyr, Philippe Aghion, and Peter Howitt for explaining innovation-driven economic growth! 🌍💡

Their groundbreaking work shows how creative destruction and technological progress fuel sustained growth — lifting millions out of poverty and shaping modern prosperity.

BREAKING NEWS
The Royal Swedish Academy of Sciences has decided to award the 2025 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel to Joel Mokyr, Philippe Aghion and Peter Howitt “for having explained innovation-driven economic growth” with one half to Mokyr “for having identified the prerequisites for sustained growth through technological progress” and the other half jointly to Aghion and Howitt “for the theory of sustained growth through creative destruction.”

The laureates showed how new technology can drive sustained growth.

Over the last two centuries, for the first time in history, the world has seen sustained economic growth. This has lifted vast numbers of people out of poverty and laid the foundation of our prosperity. This year’s laureates in economic sciences, Joel Mokyr, Philippe Aghion and Peter Howitt, explain how innovation provides the impetus for further progress.

Technology advances rapidly and affects us all, with new products and production methods replacing old ones in a never-ending cycle. This is the basis for sustained economic growth, which results in a better standard of living, health and quality of life for people around the globe.

However, this was not always the case. Quite the opposite – stagnation was the norm throughout most of human history. Despite important discoveries now and again, which sometimes led to improved living conditions and higher incomes, growth always eventually levelled off.

Joel Mokyr used historical sources as one means to uncover the causes of sustained growth becoming the new normal. He demonstrated that if innovations are to succeed one another in a self-generating process, we not only need to know that something works, but we also need to have scientific explanations for why. The latter was often lacking prior to the industrial revolution, which made it difficult to build upon new discoveries and inventions. He also emphasised the importance of society being open to new ideas and allowing change.

Philippe Aghion and Peter Howitt also studied the mechanisms behind sustained growth. In an article from 1992, they constructed a mathematical model for what is called creative destruction: when a new and better product enters the market, the companies selling the older products lose out. The innovation represents something new and is thus creative. However, it is also destructive, as the company whose technology becomes passé is outcompeted.

In different ways, the laureates show how creative destruction creates conflicts that must be managed in a constructive manner. Otherwise, innovation will be blocked by established companies and interest groups that risk being put at a disadvantage.

Learn more
Press release: https://bit.ly/48DlmwY
Popular information: https://bit.ly/3Ip1eUW
Advanced information: https://bit.ly/46D8mFa

04/10/2025

बाढी, पहिरो, डुबान जस्ता विपदको पुर्वतयारीका लागि गरौं यी ५ काम

29/09/2025

📢 Final Call for Papers – International Socioeconomic Review (ISER), Volume III Issue I

ISER invites researchers, scholars, and authors to submit their original and extended research for publication in a double-blind peer-reviewed international journal.

📌 Important Dates:

🗓 Paper Submission Deadline: 30th September 2025

🗓 Editor Notification: 30th October 2025

🗓 Publication Date: 15th December 2025

📨 Submit your papers at: [email protected]

🌐 More Info: www.isrd.org.np

28/09/2025

🌺✨ Happy Bijaya Dashami 2082! ✨🌺

On this festive occasion, the Institute of Socioeconomic Research and Development (ISERD) extends warm greetings and best wishes for happiness, peace, prosperity, and harmony to all. May this Dashain bring renewed hope and togetherness in every community.

- Institute of Socioeconomic Research and Development

16/09/2025

(Current Macroeconomic and Financial Situation of Nepal – One Month Data (Shrawan), FY 2082/83):

1. Inflation & Prices
Consumer Price Inflation: 6.8%.
Food & Beverage inflation: 6.4%; Non-food & Services: 7.4%.
Wholesale price inflation: 3.6%.

2. External Sector
Exports: Decreased by 2.8%.
Imports: Fell by 6.3%, reducing trade deficit by 5.9%.
Remittances: Increased sharply by 23.5%.
Balance of Payments (BoP): Surplus of NPR 36.8 billion.
Foreign exchange reserves: Reached NPR 1,865 billion.

3. Fiscal Sector
Government expenditure up by 12.5%.
Revenue collection grew by 8.1%.
Budget deficit remained contained.

4. Banking & Monetary Indicators
Broad money (M2) expanded by 4.6%.
Deposits at BFIs increased by 4.7%.
Private sector credit rose by 3.3%.
Interbank interest rate decreased to 1.43%.

5. Foreign Exchange & Exchange Rate
Nepali rupee depreciated by 0.26% against the US dollar.
External sector remains supported by remittance inflows.

6. Capital Market
NEPSE Index: Increased by 8.6%.
Market capitalization: Rose by 8.7%.

7. Employment & Migration
Foreign employment approvals increased by 24.3%.
Growth in both new and re-entry labor permits.

8. Tourism
Tourist arrivals rose by 22%, indicating recovery momentum.

9. Trade Composition
Petroleum imports rose, though overall imports declined.
Import substitution industries still weak.

(Source: NRB)

11/08/2025

📢 Call for Papers for ISER (Volume III, Issue I)

We are accepting submissions for the International Socioeconomic Review (ISER)! Don’t miss this opportunity to publish your original and extended research in our double-blind peer-reviewed international journal.

📝 Submission Deadline: 30th September 2025
📢 Editor Notification: 30th October 2025
📚 Publication Date: 15th December 2025

🔍 Themes include:
Management | Psychology | Economics | Population Studies | Gender Studies | International Relations | Natural Resource Management | Entrepreneurship & Innovation | Public Policy & Administration | Demography | Social Welfare | Political Science | Sociology | Philosophy | Conflict Management | Development Studies | Environmental & Sustainability Studies

📧 Submit your paper to: [email protected]
🌐 More Info: www.isrd.org.np | [email protected]

Take this chance to share your research with a global audience and contribute to the academic discourse in your field.

22/07/2025

📝 Summary of Monetary Policy 2082/83 (2025/26)

🎯 Policy Objectives
✅Maintain macroeconomic stability
✅Control inflation (target: 5.5%)
✅Promote credit flow to productive sectors (target: 11% growth)
✅Support economic recovery and growth
✅Ensure external sector stability (foreign reserves for at least 7 months of imports)

🔧 Policy Tools
✅Maintain current policy rates and interest rate corridor
✅Use of Open Market Operations (OMO), Standing Liquidity Facility (SLF), and Repo tools for liquidity management
✅Manage liquidity to support credit expansion while controlling inflation

🏦 Financial Sector Measures
✅Maintain Capital Adequacy Ratio (CAR) and liquidity ratios
✅Strengthen regulation of microfinance institutions
✅Promote transparency, governance, and digital compliance
✅Introduced Green Finance Taxonomy, Digital Finance Innovation Hub, and Financial Sanctions Guidelines

💸 Lending Priorities
✅Continued mandatory lending to agriculture, energy, tourism, SMEs
✅Encourage loans for women, youth, rural areas
✅Refinance and concessional lending schemes continued

🌐 External Sector Policies
✅Emphasis on exchange rate stability
✅Control on import margin requirements
✅Encourage formal remittance inflows

📱 Digital and Green Finance
✅Promote QR payments, e-KYC, and fintech development
✅Expand green financing with clear frameworks and incentives

📌 Conclusion

The monetary policy of 2082/83 focuses on stability, inclusion, and innovation, with a cautious but supportive approach to economic recovery, digital transformation, and green finance.

11/07/2025

Summary of Nepal’s Economic Bulletin by M*F (Chaitra, 2081):

🔹 Macroeconomic Overview
Economic growth: Moderate at 4.61%.
Inflation: Declined to 3.39% in Chaitra, from 4.61% last year.
Public debt: Increased by 9.6% compared to last year.
Foreign aid: Increased by 117.3%, with 74.3% in loans.

🔹 Public Finance
Total expenditure: Rs. 998.52 billion, up 9.8%.
Current: Rs. 678.09B
Capital: Rs. 102.90B
Financial management: Rs. 217.53B
Total revenue: Rs. 831.37 billion, up 11.1%
Tax revenue: Rs. 744.13B
Non-tax revenue: Rs. 87.23B
Revenue collection: 81.8% of target met.

🔹 Trade & External Sector
Total trade: Rs. 1.5 trillion, up 16.9%.
Exports: Rs. 188.19B, ↑ 65.2%
Imports: Rs. 1309.53B, ↑ 12.2%
Trade deficit: Rs. 1121.34B, ↑ 6.4%
Remittance inflow: Rs. 1191.31B, ↑ 10.0%
Foreign exchange reserves: Rs. 2426.84B, ↑ 6.8%

🔹 Financial Sector
Deposit growth: ↑ 5.7%,
Credit growth: ↑ 8.3% (private sector)
Interest rates:
Deposit: ↓ to 4.45%
Lending: ↓ to 8.22%
Non-performing loans (NPL): ↑ from 4.54% to 5.3%

🔹 Capital Market
NEPSE Index: 2662.08 (↑ from 2025.71 last year)
Market capitalization: Rs. 4425.40B, ↑ 12.8%

🔹 Labor & Migration
New labor approvals: ↑ 9.3%
Re-approvals: ↑ 18.2%

🔹 Tourism
Tourist arrivals: ↓ 0.2% (April 2025)
Tourism income: ↑ 9.5% to Rs. 6.65B

🔹 Insurance Sector
Total policies issued: 14.4 million, ↑ 3.8%
Premium collection: Rs. 159.85B, ↑ 13.93%
Insurance coverage: 44.64% of population

08/07/2025

📢 Call for Papers 📢
International Socioeconomic Review (ISER)
Volume III, Issue I

The International Socioeconomic Review (ISER), published by the Institute of Socioeconomic Research and Development (ISRD), invites scholars, researchers, and authors to submit their original and extended research papers for publication in Volume III, Issue I of the journal.

ISER is a double-blind peer-reviewed international research journal committed to publishing high-quality research in the fields of social sciences, economics, development, and public policy. All accepted papers will be published in the online version of the journal.

🗂️ Thematic Areas:
Submissions are invited from (but not limited to) the following areas:

Management
Economics
Psychology
Population Studies
Gender Studies
International Relations
Natural Resource Management
Entrepreneurship and Innovation
Public Policy and Administration
Demography
Social Welfare
Political Science
Sociology
Philosophy
Environmental and Sustainability Studies
Conflict Management
Development Studies

🗓️ Submission Deadline:
September 30, 2025

📩 Submission Email:
[email protected]

For more information, visit: 🌐 www.isrd.org.np
📧 Email: [email protected]