*/Political Economy

Economic policies are rarely shaped by efficiency alone. Political incentives, public opinion, and institutional structures often play an equally important role in determining policy outcomes.

Deadline: October 30

Prize: The 2 best comments will be provided with a 6-month subscription to the New York Times by Kuhiro Class Library

Judge: Ankit Tiwari | Researcher | Centre for Strategic and Defence Research

Answer in the comments in less than 700 words ( copy-paste from a Word file with footnote citations * in comments )

The World Trade Organisation, the World Bank, and the International Monetary Fund (the Bretton Woods Institutions) have acted at times to support developing economies and at other times to hinder development. What is the relationship that these institutions have had in Nepal? Pick any one Bretton Woods institution and elaborate on its relationship to Nepal's development.