对外贸易对尼泊尔经济发展的影响外文翻译.docVIP

外文翻译 原文 Foreign Trade and Its Effects on Nepalese Economic Development Material Source: The Journal of Nepalese Business Studies Vol. II No.1 Dec.2005 Author: Om Sharma Rajendra Bhandari Foreign trade is considered as an essential factor for accelerating the path of economic development. Most countries are involved into foreign trade to create employment, raise propensity to save, increase foreign exchange earning, and raise the productivity of investment moving from less productive use to high productive use(Hussain,1996).Because of the benefits of openness, it is settled as the integral part of every country. For developing countries, trade is the primary vehicle for realizing the benefits of globalization. Import brings additional competition and variety of domestic markets benefiting the consumers. Benefiting business, foreign trade gives firms access to improved capital inputs such as machine, tools, boosting productivity as well. Foreign trade encourages the redistribution of labor and capital to relatively more productive sectors. In particular, it has contributed to the ongoing shift of some manufacturing and service activities from industrial to developing countries providing new opportunities for growth (WDR 1999/2000). World Development Report(1999/2000)highlights that the trade of goods and services has grown twice as fast as global GDP in the 1990s and the share attributable to developing countries has climbed from 23 to 29 percent. The explosive growth of information and communication technology by 25 percent between the period 1994-1997 alone has offered another opportunity for developing countries. Nepal, a developing country, has profound potential on information technology, which may solve the problem of landlockedness and trade and tariff barrier. The opportunities on garments, carpets and other agriculture and service related productions and good access to herbal production and Ayurvedic medicines can not be overlooked. Ne