- Income: The level and distribution of income affect expenditure, saving and investment. They together influence the economic conditions of projects. Nepal has a per capita income of US $ 280. The GDP growth rate is very low.
- Business Cycles: The stages of business cycle can be prosperity, recession and recovery. They affect the health of projects.
- Inflation: It is rise in price level. It influences costs, price and profits of projects.
- Regional Economic Groups: They promote cooperation among member countries for projects. They provide opportunities to member countries and threats to non-member countries.
Economic Environment (Economic Conditions)
Economic conditions indicate the health of the economy in which the projects operate. The factors of economic conditions are:
Related keywords Project Environment