The economics of protests

Protests have been an imperative aspect of Nepal as it has resulted in phenomenal structural shifts in the political landscape – overthrowing of monarchs and establishment of democracy, or recognition of basic rights of marginalized groups. Apart from the big political changes, several protests have also successfully confronted economic policies and legislation that failed to adequately prioritize economic freedom and restricted fundamentals like freedom of choice and speech. While at that, Nepal has also experienced more violent mass movements like the maoist insurgency that not only took thousands of lives but also pushed back or at least delayed Nepal’s development by almost a decade. Continue reading..