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Showing posts from January, 2025

Impact of Trade, Remittance and BOP on the Economic Growth of Nepal: An Autoregressive Distributed Lagged (ARDL) Bound Testing Model

  Abstract This article explores the impact of trade openness, remittance, and BOP on the real GDP in Nepal. This research uses the ARDL Bound Testing model, considering the secondary data collected from the Ministry of Finance, which ranges from 1990 to 2022. This research aims to identify the impact of the external sector on the country's economic growth. The result establishes that BOP has adverse short and long-term effects on the country's economic growth, which indicates the variable's sensitivity. The trade openness rate also has a negative impact; however, remittance positively affects the long run. Hence, the government of Nepal should focus more on rationalising the remittance for the country's economic growth. However, on the other hand, working on trade policy should be a broad discussion to mitigate the negative impact on the country's economic growth (Acharya, 2024). Keywords:  Real GPD, Remittance, Import, Export, BOP, ARDL model Reference: Acharya, S...

If You Bought $1K of Twitter Before Elon Musk Took Over, Here’s How Much You’d Have Today

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  John Csiszar December 13, 2024   4 min read hapabapa / Getty Images Why Is X’s Valuation So Low? What Is the Future Direction of X? X, formerly known as Twitter, has hit a rough patch ever since the outspoken CEO of Tesla, Elon Musk, bought it for $44 billion in October 2022.    While now a private company, the  estimated valuation  of X has fallen dramatically since Musk took over the helm. While Musk’s public profile has been boosted even more in recent months due to his close connection with President-elect Donald Trump and his appointment to the newly formed “Department of Government Efficiency,” the problems with X remain.    Here’s a look at how much X’s valuation has fallen  since Elon Musk took over , what may have caused the decline, and what the future may hold for the company. X/Twitter’s Valuation Decline Elon Musk paid $54.20 per share for Twitter when he completed his acquisition on Oct. 28, 2022. The total purchase price was ...