Of Hung Parliaments and Hanging Reforms

First Nepal, then India and now likely Bangladesh—hung parliaments have become a South Asian phenomenon. Stable party governments are becoming rare as parties with different ideologies and values compromise to maintain their seats in power This, more than anything else, is affecting economic agendas the most.

In Nepal, the reforms that were initiated robustly by the Nepali Congress government under Girija Prasad Koirala slowed down when the communists came to power and now, under the present coalition, have completely lost direction. Liberalisation has become simply a buzzword for umpteenth seminars and conferences.

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Himal Southasian
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