World Bank2025-03-242025-03-242025-03-24https://hdl.handle.net/10986/42978This report aims to help policymakers identify key growth opportunities and offers recommendations for building the capabilities needed to realize them. Chapter 1 analyzes growth trends across three key periods, highlighting factors that could accelerate or hinder future progress. Chapter 2 focuses on policies to maximize the economic benefits of migration. Chapter 3 examines how exchange rate dynamics and trade policies affect Nepal’s merchandise exports and provides strategies for boosting them. Finally, Chapters 4 and 5 explore how Nepal can harness the potential of hydropower and digitalization, two promising drivers of future growth.en-USCC BY-NC 3.0 IGOECONOMIC GROWTHECONOMIC BENEFITS OF MIGRAITONEXCHANGE RATE DYNAMICSTRADE POLICIESGROWTH OPPORTUNITIESCountry Economic MemorandumWorld Bank10.1596/42978