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by maxglute 284 days ago
Wait for cycle to repeat.

Nepal is a landlocked country with limited resources.

It's primary access to outside is India, a per capital poor country. It you want to be generous throw in Bhutan (too small to be useful), or Bangladesh... also poor. The side that borders PRC is on Tibetan frontier, i.e. flows is going to be geographically limited. Even landlocked neighbours of PRC like Laos what PRC props up to be hydro exporter struggles. Mongolia better. But Mongolia has 3m people. Bhutan <1m. Both can squeeze 4-6k gdp per capita by exporting resources and not having that many people. Things start breaking down when you get to 8m (Laos) 2k per capita. Nepal is 30m probably will settle somewhere similarly low income unless India/Bangladesh gets really rich to bleed over to Nepal (rising tide lift all boats). But that's unlikely in short/medium term, hence ultimately Nepal is geopolitically constrained (fucked). So if Nepalese want to be comfortably rich in Nepal, nothing left but politics and abject corruption.

For landlocked countries >10m you need to have rich neighbours (the European landlocked countries), or a shit load of valuable resources, Kazakhstan (20m), Azerbaijan (10m) + fossil. All other land locked countries over 10m without fossil are basically stuck in low-middle income. Which means politicians (including newly minted by revolution) will continue to loot and populous will continue be angry.