Khemraj Subedi, Associate Professor

  Monopolistic Competition; Meaning, Features and Market equilibrium Khemraj Subedi, Associate Professor M.Phil (Economics) Meaning Monopolistic competition is a market structure  that lies in between perfect competition and monopoly having features with large numbers of buyers and sellers; imperfect information; low entry,  and exit barriers ; similar but differentiated products . Therefore, monopolistic competition consists with features of both perfect competition and monopoly.   A monopolistic competition is more common than pure competition or pure monopoly. The first theoretical analysis of monopolistic competition was simultaneously developed by two economists working independently of one another: The British economist Joan Robinson (who introduced the concept in her 1933 book  Economics of Imperfect Competition ) and the American economist Edward Hastings Chamberlin (whose ideas on the subject were published in his  Theory of Monopolistic...

                             HEALTH CARE FINANCING TRANSITION IN NEPAL Khem Raj Subedi  * Associate Professor Far western University of Nepal Abstract This article highlights the important components of Nepalese healthcare financing and aims at examining the health care financing system in Nepal in terms of share of government health care expenditure per capita, household out-of-pocket expenditure, and ratio of total health care expenditure to Gross Domestic Product (GDP). The recent data shows that Government of Nepal allocates meagre 1.11 percent of GDP from government coffer for health care financing where   out-of-pocket payment is 3.47percent of GDP and it is about 60 percent of total health care expenditure. It implies that people are heavily dependent on their own source for health care financing. Public Health Expenditure as a percent of Total Health Expenditure is 40 percent. Public E...