Foreign investment in Nepal in the 1980s: A cost benefit evaluation
基于1980年代末在尼泊尔运营的外资企业调查，评估了外国投资对投资者和尼泊尔经济的成本与收益，发现外资总体有益，但过度税收优惠可能损害国家收益。
During the 1980s, like many other developing countries Nepal attempted actively to attract direct foreign investment. This article reports the results of a survey of the foreign‐owned firms in operation at the end of the 1980s. The motives of firms for their investment decisions in Nepal are summarised. The impact of foreign investment is assessed quantitatively using both financial and economic cost‐benefit criteria. In general, it appears that foreign investment has been beneficial to both the foreign investors and the national economy. Foreign investors from India have played a particularly important role. However, much of the national returns from foreign investment is derived from the payment of taxes, so that an excessively generous policy of tax incentives may not maximise national returns.