Becoming a self-sufficient economy is an enticing idea but what are its costs?

As supply chains, local and international, are disrupted by the Covid-19, we have seen the rise in calls to build a self-sufficient economy. For a country like Nepal whose imports far outweigh the exports, the idea of self-sufficiency is always attractive. One of the ways in which this desire to create a self-sufficient economy manifests is in ‘buying local’. Continue Reading