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Synopsis The book is collection of various articles published in various Journals and Newspapers from time to time. Each article comprises theoretical background to each of the issues under consideration. The subsequent application of the theory under consideration has been made in the Nepalese context. The book has been divided in four chapters. Energy and Water Resources, Poverty and Human Resource Development, Economic Modelling and quantitative approach and the Political Economy for the convenience of the reader who want to have an indepth study of the different problems facing Nepal these days. Targets, goals, government policies and programmes, Planning: Its achievement, failures and defects, and issues related to privatization and land reform, issues related to the implication of privatization, issues related in the mobilzation of the property tax in developing countries, issues and problems of the value added tax are examined shortly together with the resource mobilization and taxation. The economy of Nepal is primarily based on foreign aid, but the aid received is not properly channeled according to set policies and programmes. Institutional development is a base of the economic progress of a country, its major issues and problems are outlined.