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his role in “formulating sound economic policies” while serving in Nepal's
Ministry of Industry. In his closing address, Chalise “highlighted some of the major challenges to promoting liberalism in Asia.” He stated, “Never before has private entrepreneurship and wealth creation caught the imagination of billions as it has done in Asia today. Our job to promote freedom is filled with opportunities, and so many of you present today are the beacons of hope.”
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Upon his death, he was described as one of Nepal's “great champions of freedom and economic reform” and as having successfully struggled against what had been the perceived view in Nepal that the “state is omnipotent.” For decades, commented one source, Chalise “was one of the very few advocates of
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In
January 2015 Chalise was named the year's Freedom Champion at the third Asia Liberty Forum (ALF), which was held in Kathmandu by Samriddhi Foundation, and the Asia Center for Enterprise. He was recognized for his efforts to promote individual and economic freedom in Nepal and, in particular, for
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He quit the civil service after being appointed to the
National Planning Commission (NPC) in 1999, a position he held for a year. He then served for a year as managing director of the Nepal Electricity Authority (NEA), and thereafter spent about three years as chairman of
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Chalise played a major role in formulating the
Industrial Enterprises Act of 1987, the Industrial Enterprises Act of 1992, the Foreign Investment and Technology Transfer Act of 1992, and the Company Act of 1997, all of which were credited with helping advance
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Chalise had a wife and four sons. He was remembered after his death by
Samriddhi as an “extremely humble and open-minded individual” who “led a principled life that was based on values such as honesty, integrity, freedom and responsibility.”
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After retiring from government, Chalise wrote extensively about privatization, national planning, economic policy reform, and related subjects. From 2008 to his death, he held the position of Senior
Advisor at Samriddhi Foundation, a
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free market in Nepal’s mainstream media.” Another source has said that
Chalise, during his years at Nepal's Industry Ministry, “played a crucial role” in introducing “market friendly reform policies and acts.”
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After returning to Nepal from Vienna, Chalise resumed working at the
Ministry of Industry. He spent a total of 23 years in government service, including 20 years in the Ministry of Industry.
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One source states that he was born at
Subigaun in Bouddha, Kathmandu, in 1951; another, that he was born in the village of Simaltar at the northeastern end of the
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and, in turn, economic growth in Nepal. He was also active in privatizing certain public enterprises and in decreasing the corporate tax rate.
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economy. He spent many years as an official at the
Ministry of Industry, serving in turn as under-secretary, Joint Secretary, and Secretary.
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During his career in the Ministry of Industry, Chalise served in turn as Undersecretary, Joint Secretary, and finally Secretary.
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He joined Nepal’s civil service in 1975, working at the Ministry of Industry, and from 1983 to 1986 studied at the
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He died on April 15, 2015, due to kidney-related ailments at Nepal Medical College, Jorpati in Kathmandu.
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who played a leading role in turning Nepal's largely statist economy into a more
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Foreign Direct Investment: Toward Second Generation of Reforms
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Chalise wrote the introduction of the Nepali translation of
302:"How to increase foreign direct investment in Nepal?"
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231:"In Memoriam: Dr. Bhola Nath Chalise (1952-2015)"
323:"ALF 2015 felicitates Dr. Bhola Nath Chalise"
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272:"Chalise honored as Freedom Winner"
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154:. In 2013, Samriddhi published
278:. Jan 11, 2015. Archived from
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249:"Ex-secy Chalise passes away"
362:University of Vienna alumni
357:Industry ministers of Nepal
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101:Early life and education
130:economic liberalization
60:, government official,
372:People from Kathmandu
141:Rastriya Banijya Bank
327:Samriddhi Foundation
235:Samriddhi Foundation
114:University of Vienna
72:Samriddhi Foundation
48:University of Vienna
367:Nepalese economists
169:The Road to Serfdom
87:government official
306:Surath Giri's Blog
253:The Kathmandu Post
81:(died 2015) was a
79:Bhola Nath Chalise
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188:Honors and awards
162:Hayek translation
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329:. Jan 25, 2015.
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69:Organization
352:2015 deaths
149:libertarian
91:free market
62:libertarian
34:Nationality
341:Categories
206:References
152:think tank
107:Kathmandu
58:Economist
44:Education
83:Nepalese
64:activist
38:Nepalese
286:May 12,
143:(RBB).
120:Career
180:Death
288:2015
26:Died
172:by
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