PRESENTED BY:
SARBOTTAM SILWAL
IN PARTIAL FULLFILLMENT OF THE REQUIRENMENT FOR
MANAGERIAL ECONOMICS-MHM
WHAT IS STATE?
The state is a political and geopolitical entity
Which is operated either following
Economic ideologies lik...
 Capitalism is an economic system in which capital
assets are privately owned and items are brought in
market for profit....
WHAT IS CAPITALISM?
STATE CAPITALISM
As per Wikipedia- its an economic activity undertaken
by the state with management of productive forces ...
ACCORDING TO
 Marxist literature: One where government controls the
economy and all essential acts.
 Friedrich Engels: I...
CAPITALISM (THEN & NOW)
Number of State-owned Enterprises in
following countries, 2005
Australia 12 Japan 77
Austria 78 Korea 30
Belgium 15 Nether...
WHY STATE CAPITALISM?
It provide stability as well as growth
Explore foreign investments
Proper allocation of resources...
Tourism & State-Capitalism
To understand the relationship between state capitalism
and tourism,
lets have a small Insight ...
CHINA
 China is the third most visited country in the world
 No. of overseas tourists was 55.98 million
 Foreign exchan...
But how was it possible??
 Between 1949 and 1974, the People's Republic was
closed to all but selected foreign visitors
...
RESULTS OF STATE CAPITALISM IN CHINA
 After 1974, the change in government policy bought
great change in Chinese Tourism
...
BUT EVEN A COIN HAVE OTHER SIDE
 When Gov. supports one lot of company- others
suffers.
 State companies use capital les...
NEPALESE TOURISM
 Nepal opened its borders to the world in 1949
 Nepal is the country where Mount Everest, the highest
m...
STATE CAPITALISM IN NEPAL
 State capitalism have obvious appeal in Nepal
 Can boost the resources in tourism sector bett...
BUT???
 Since Nepal is democratic country, its not possible for
Gov. control over all productive sector
 Handful of bure...
NEPALESE MAY REPLACE THEM
state capitalism for nepalese tourism
state capitalism for nepalese tourism
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state capitalism for nepalese tourism

a brief presentation about the role of state capitalism in nepal
Published on: Mar 4, 2016
Published in: Education      Technology      Economy & Finance      
Source: www.slideshare.net


Transcripts - state capitalism for nepalese tourism

  • 1. PRESENTED BY: SARBOTTAM SILWAL IN PARTIAL FULLFILLMENT OF THE REQUIRENMENT FOR MANAGERIAL ECONOMICS-MHM
  • 2. WHAT IS STATE? The state is a political and geopolitical entity Which is operated either following Economic ideologies like:
  • 3.  Capitalism is an economic system in which capital assets are privately owned and items are brought in market for profit.  Socialism is an economic system characterized by social ownership of the means of production and co-operative management of the economy  Communism is a revolutionary socialist movement to create a classless, moneylessand stateless social order structured upon common ownership in means of production
  • 4. WHAT IS CAPITALISM?
  • 5. STATE CAPITALISM As per Wikipedia- its an economic activity undertaken by the state with management of productive forces in capitalist manner. Dominance of state owned business enterprises in national economy A form of capitalism, in which all sectors of national production and important social institutions are managed by the state
  • 6. ACCORDING TO  Marxist literature: One where government controls the economy and all essential acts.  Friedrich Engels: It would be final stage of capitalism consisting of ownership and management of large scale production and communication by the state.
  • 7. CAPITALISM (THEN & NOW)
  • 8. Number of State-owned Enterprises in following countries, 2005 Australia 12 Japan 77 Austria 78 Korea 30 Belgium 15 Netherlands 44 Canada 100 New Zealand 34 Czeh Republic >1000 Norway 26 Denmark 27 Poland 1189 Finland 55 Slovak Rep. 115 France 100 Spain 40 Germany 37 Sweden 58 Greece 50 Turkey 39 Italy 25 United Kingdom 80
  • 9. WHY STATE CAPITALISM? It provide stability as well as growth Explore foreign investments Proper allocation of resources Quality production Overall development Consumers beneficial Safe investments
  • 10. Tourism & State-Capitalism To understand the relationship between state capitalism and tourism, lets have a small Insight tour of world’s biggest Communist turn State-capitalist country
  • 11. CHINA  China is the third most visited country in the world  No. of overseas tourists was 55.98 million  Foreign exchange income was 45.8 billion U.S. dollars  World's fourth largest in Tourism Earners  number of domestic tourist visits totaled 1.61 billion, with a total income of 777.1 billion yuan  According to the WTO, in 2020, China will become the largest tourist country and among the largest for overseas travel
  • 12. But how was it possible??  Between 1949 and 1974, the People's Republic was closed to all but selected foreign visitors  After Mao’s death, Deng Xiaoping led china towards a market economy  Over 250 cities and counties had been opened to foreign visitors by the mid-1980s  In 1985 approximately 1.4 million foreigners visited China, nearly US$1.3 billion earned from tourism. ABSOLUTE COMMUNISM TO STATE- CAPITALISM
  • 13. RESULTS OF STATE CAPITALISM IN CHINA  After 1974, the change in government policy bought great change in Chinese Tourism  Average growth rate of 9.5% a year in GDP  Increase by 18% in International Trade  2nd biggest economy of present world  Chinese state hold more than 150 biggest companies  Guides 1ooos more Lastely  3rd most visited country
  • 14. BUT EVEN A COIN HAVE OTHER SIDE  When Gov. supports one lot of company- others suffers.  State companies use capital less efficiently than private ones-slow grow  Miss-use the Gov. clout  State companies have unfair distribution of nations resources  Chances of inequality and eventually discontent
  • 15. NEPALESE TOURISM  Nepal opened its borders to the world in 1949  Nepal is the country where Mount Everest, the highest mountain peak in the world are located  8 of the 10 highest mountains in the world  Nepal is the most preferred eco-tourism destination in the world  Nepal is the only country with altitudinal variation that ranges from 70 meters to 8848 meters
  • 16. STATE CAPITALISM IN NEPAL  State capitalism have obvious appeal in Nepal  Can boost the resources in tourism sector better than private sector  State companies can work freely in market as they are state operated  Over all development of nation
  • 17. BUT???  Since Nepal is democratic country, its not possible for Gov. control over all productive sector  Handful of bureaucrats can misuse power, decide taxation and unfair distribution of resources.  Even distribution of wealth to poor doesn’t eliminate poverty  It makes richest the poor  Creates negative feelings to hard workers as lazy bones are also equally paid
  • 18. NEPALESE MAY REPLACE THEM