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More And Better Jobs In South Asia
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Book Synopsis More and Better Jobs in South Asia by : The World Bank
Download or read book More and Better Jobs in South Asia written by The World Bank and published by World Bank Publications. This book was released on 2011-12-20 with total page 357 pages. Available in PDF, EPUB and Kindle. Book excerpt: South Asia has created nearly 800,000 jobs per month during the last decade. Robust economic growth in large parts of the region has created better jobs -- those that pay higher wages for wage workers and reduce poverty for the self-employed, the largest segment of the region s employed. Going forward, South Asia faces the enormous challenge of absorbing 1 to 1.2 million entrants to the labor force every month for the next two decades at rising levels of productivity. This calls for an agenda that cuts across sectors and includes improving the reliability of electricity supply for firms in both urban and rural settings, dealing decisively with issues of governance and corruption, making access to land easier for urban informal firms and strengthening transport links between rural firms and their markets. It requires improving nutrition in early childhood to avoid cognitive impairment, intensifying the focus on quality of learning in education systems, equipping workers with the skills that employers demand, and reorienting labor market regulations and programs to protect workers rather than jobs. The continuance of high economic growth to help improve job quality is not assured. But the region s demography can provide a favorable tailwind. The growth of workers exceeds that of dependents in much of the region. The resources saved from having fewer dependents can be shifted to high-priority investments in physical and human capital accumulation necessary to create productive jobs in countries with an enabling policy framework. But the demographic window of opportunity is open for only the next three decades, a fact which lends urgency to the reform agenda. This book will be of interest to policy makers, their advisers, researchers and students of economics who seek solutions, not only to the challenge of creating more and better jobs in South Asia but globally as well. It is the first title in South Asia Development Matters,a new series that will serve as a vehicle for in-depth synthesis of economic and policy analysis on key development topics for South Asia.
Download or read book Exports to Jobs written by Erhan Artuc and published by World Bank Publications. This book was released on 2019-02-25 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt: South Asia has grown rapidly with significant reductions in poverty, but it has not been able to match the fast-growing working age population, leading to lingering concerns about jobless growth and poor job quality. Could export growth in South Asia result in better labor market outcomes? The answer is yes, according to our study, which rigorously estimates—using a new methodology—the potential impact from higher South Asian exports per worker on wages and employment over a 10-year period. Our study shows the positive side of trade. It finds that increasing exports per worker would result in higher wages—mainly for better-off groups, like more educated workers, males, and more-experienced workers—although less-skilled workers would see the largest reduction in informality. How can the benefits be spread more widely? Our study suggests that scaling up exports in labor-intensive industries could significantly lower informality for groups like rural and less-educated workers in the region. Also, increasing skills, and participation of women and young workers in the labor force could make an even bigger dent in informal employment. The region could achieve these gains by: (i) boosting and connecting exports to people (e.g., removing trade barriers and investment in infrastructure); (ii) eliminating distortions in production (e.g., by more efficient allocation of inputs); and (iii) protecting workers (e.g., by investing in education and skills).
Book Synopsis Stitches to Riches? by : Gladys Lopez-Acevedo
Download or read book Stitches to Riches? written by Gladys Lopez-Acevedo and published by World Bank Publications. This book was released on 2016-03-28 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: South Asia is in the midst of a demographic transition. For the next three decades, the growth of the region’s working age population will far outpace the growth of dependents. Close to one million individuals will enter the workforce every month. This large, economically active population can increase the region’s capacity to save and make crucial investments in physical capital, job training, and technological advancement. But for South Asia to realize these dividends, it must ensure that its working-age population is productively employed. As one of the most prominent labor-intensive industries in developing countries, apparel manufacturing is a prime contender. With around 4.7 million workers in the formal sector and another estimated 20.3 million informally employed (combined with textiles), apparel already constitutes close to 40 percent of manufacturing employment. And given that much of apparel production continues to be labor-intensive, the potential to create more and better jobs is immense. There is a huge window of opportunity now for South Asia, given that China, the dominant producer for the last ten years, has started to cede some ground due to higher wages. But the region faces strong competition from East Asia—with Cambodia, Indonesia, and Vietnam already pulling ahead. Plus the sector suffers from production inefficiencies and policy bottlenecks that have prevented it from achieving its potential. Against this backdrop, this report hopes to inform the debate by measuring the employment gains that the four most populous countries in South Asia—Bangladesh, India, Pakistan and Sri Lanka (hereafter `SAR countries’)—can expect in this new environment of increased competition and scrutiny. Its main message is that it is important for South Asian economies to remove existing impediments and facilitate growth in apparel to capture more production and create more employment as wages rise in China. The successful manufacturers will be those who can supply a wide range of quality products to buyers rapidly and reliably—not just offer low costs.
Book Synopsis The Day After Tomorrow by : Otaviano Canuto
Download or read book The Day After Tomorrow written by Otaviano Canuto and published by World Bank Publications. This book was released on 2010 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt: More than twenty World Bank practitioners deliver their vision of the policy agenda for, and likely economic evolution of, developing countries in the post-crisis era.
Book Synopsis The Labour Markets of Emerging Economies by : Sandrine Cazes
Download or read book The Labour Markets of Emerging Economies written by Sandrine Cazes and published by Springer. This book was released on 2013-08-09 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: The past few decades have witnessed the economic and geopolitical rise of a number of large middle-income countries around the world. This volume focuses on the labour market situations, trends and regulations in these emerging economies.
Book Synopsis Development Centre Studies Is Informal Normal ? Towards More and Better Jobs in Developing Countries by : Jütting Johannes
Download or read book Development Centre Studies Is Informal Normal ? Towards More and Better Jobs in Developing Countries written by Jütting Johannes and published by OECD Publishing. This book was released on 2009-03-24 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides evidence for policy makers on how to deal with informal employment in developing and developed countries alike.
Book Synopsis Student Learning in South Asia by : Halil Dundar
Download or read book Student Learning in South Asia written by Halil Dundar and published by World Bank Publications. This book was released on 2014-05-30 with total page 421 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyzes the performance of South Asian educational systems and identifies the causes and correlates of student learning outcomes. Drawing on successful initiatives both in the region and elsewhere in the world, it offers an insightful approach to setting priorities for enhancing the quality of school education in South Asia.
Book Synopsis Building the Skills for Economic Growth and Competitiveness in Sri Lanka by : Halil Dundar
Download or read book Building the Skills for Economic Growth and Competitiveness in Sri Lanka written by Halil Dundar and published by World Bank Publications. This book was released on 2014-05-29 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines skills demand and supply in Sri Lanka, and offers insightful analysis of the education and training system, and its responsiveness to changes in demand for skills. The book also provides suggestions on how the skills development system can be improved to better achieve Sri Lanka s development goals.
Book Synopsis The SAGE Handbook of Aging, Work and Society by : John Field
Download or read book The SAGE Handbook of Aging, Work and Society written by John Field and published by SAGE. This book was released on 2013-09-19 with total page 561 pages. Available in PDF, EPUB and Kindle. Book excerpt: Aging has emerged as a major and urgent issue for individuals, organisations and governments of our time. In this well-timed and comprehensive handbook, key international contributors to the field of study come together to create a definitive map of the subject. Framed by an authoritative introductory chapter, the SAGE Handbook of Aging, Work and Society offers a critical overview of the most significant themes and topics, with discussions of current research, theoretical controversies and emerging issues, divided into sections covering: Key Issues and Challenges The Aging Workforce Managing an Aging Workforce Living in an Aging Society Developing Public Policy
Author :International Monetary Fund. Asia and Pacific Dept Publisher :International Monetary Fund ISBN 13 :1513516922 Total Pages :28 pages Book Rating :4.5/5 (135 download)
Book Synopsis Regional Economic Outlook, October 2019, Asia Pacific by : International Monetary Fund. Asia and Pacific Dept
Download or read book Regional Economic Outlook, October 2019, Asia Pacific written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2019-10-23 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Growth in Asia is expected to moderate to 5.0 percent in 2019 and 5.1 percent in 2020 (0.4 and 0.3 percentage point lower than projected last April, respectively). A marked deceleration in merchandise trade and investment, driven by distortionary trade measures and an uncertain policy environment, is weighing on activity, particularly in the manufacturing sector.
Book Synopsis World Bank South Asia Economic Update 2010 by : World Bank
Download or read book World Bank South Asia Economic Update 2010 written by World Bank and published by World Bank Publications. This book was released on 2010-08-10 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'The World Bank South Asia Economic Update 2010: Moving Up, Looking East' is the World Bank s comprehensive annual report on the region s economies. In this first edition, the Bank finds that South Asia s strong rebound since March 2009 is comparable to that in East Asia. Government policy, external support, resumption of private spending and global recovery are driving the rebound. Robust and timely policy interventions were, and continue to be, a key to confidence and recovery. South Asia s particular strengths and forms of global integration not the lack of it were the main factors that allowed greater resilience. As a special topic, the report examines and recommends three principal directions to reposition South Asia s trade and investment integration policies and profitably expand their domestic economies in both manufacturing and services.
Book Synopsis East Asia Pacific at Work by : Truman G. Packard
Download or read book East Asia Pacific at Work written by Truman G. Packard and published by World Bank Publications. This book was released on 2014-05-07 with total page 299 pages. Available in PDF, EPUB and Kindle. Book excerpt: The unprecedented progress of East Asia Pacific is a triumph of working people. Countries that were low-income a generation ago successfully integrated into the global value chain, exploiting their labor-cost advantage. In 1990, the region held about a third of the world’s labor force. Leveraging this comparative advantage, the share of global GDP of emerging economies in East Asia Pacific grew from 7 percent in 1992 to 17 percent in 2011. Yet, the region now finds itself at a critical juncture. Work and its contribution to growth and well-being can no longer be taken for granted. The challenges range from high youth inactivity and rising inequality to binding skills shortages. A key underlying issue is economic informality, which constrains innovation and productivity, limits the tax base, and increases household vulnerability to shocks. Informality is both a consequence of stringent labor regulations and limited enforcement capacity. In several countries, de jure employment regulations are more stringent than in many parts of Europe. Even labor regulations set at reasonable levels but poorly implemented can aggravate the market failures they were designed to overcome. This report argues that the appropriate policy responses are to ensure macroeconomic stability, and in particular, a regulatory framework that encourages small- and medium-sized enterprises where most people in the region work. Mainly agrarian countries should focus on raising agricultural productivity. In urbanizing countries, good urban planning becomes critical. Pacific island countries will need to provide youth with human capital needed to succeed abroad as migrant workers. And, across the region, it is critical to ‘formalize’ more work, to increase the coverage of essential social protection, and to sustain productivity. To this end, policies should encourage mobility of labor and human capital, and not favor some forms of employment - for instance, full-time wage employment in manufacturing - over others, either implicitly or explicitly. Policies to increase growth and well-being from employment should instead reflect and support the dynamism and diversity of work forms across the region.
Book Synopsis Human Capital Development in South Asia by : Asian Development Bank
Download or read book Human Capital Development in South Asia written by Asian Development Bank and published by Asian Development Bank. This book was released on 2017-12-01 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: Human capital is an important factor for economic growth in South Asia. Between 1981 and 2010, human capital contributed about 22% of annual gross domestic product per worker growth in India. During the same period, it contributed around 21% in Bangladesh, and 16% in Sri Lanka. However, education and skills remain the binding constraint. Raising the quality of education and skills in South Asia's workforce can play a critical role in catching up to the level of development of the People's Republic of China, the Republic of Korea, and other successful Southeast Asian economies. This study reviews the development of human capital in South Asia and analyzes contributing factors to human development including policies and strategies that countries in South Asia follow.
Book Synopsis Skills Development for Inclusive and Sustainable Growth in Developing Asia-Pacific by : Rupert Maclean
Download or read book Skills Development for Inclusive and Sustainable Growth in Developing Asia-Pacific written by Rupert Maclean and published by Springer. This book was released on 2012-12-09 with total page 387 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focusing on the Asia-Pacific region, which in recent years has been the engine of global economic growth , this volume surveys trends and prospects in technical and vocational education and training (TVET) with particular reference to achieving inclusive growth and the greening of economies. Underlying the increasing pressure for new models of TVET provision is the rapid pace of technological change, demand for a work force which is highly responsive to evolving needs and a transforming market place that calls for higher order skills and lifelong learning. The book proposes a re-engineered, modernized TVET system that fosters an innovative approach which enhances the employability of workers as well as the sustainability of their livelihoods. The book includes contributions from leading policy makers, researchers, and practitioners, including those in the private sector in analyzing and forecasting the most urgent priorities in skills development. The book argues for creative approaches to TVET design and delivery particularly with a view to improve job prospects , and meeting the goals of inclusion, sustainable development and social cohesion. Addressing issues such as the chronic mismatches between skills acquired and actual skills required in the work place, the volume proposes diversified approaches towards workforce development and partnerships with the private sector to improve the quality and relevance of skills development . The new imperatives created by ‘greening’ economies and responses required in skills development and training are addressed. Developing TVET is a high priority for governments in the Asia Pacific region as they seek to achieve long-term sustainable growth since the .continued success of their economic destinies depend on it. The volume also includes an emerging framework for skills development for inclusive and sustainable growth in the Asia and Pacific region.
Book Synopsis Good Jobs for Inclusive Growth in Central Asia and the South Caucasus by : Asian Development Bank
Download or read book Good Jobs for Inclusive Growth in Central Asia and the South Caucasus written by Asian Development Bank and published by . This book was released on 2019-02 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reviews economic performance in the region and discusses prospects through 2030, introducing two growth scenarios related to the adoption of structural reforms for creating good jobs and inclusive growth. This publication also highlights the importance of adopting a full policy reform scenario.
Book Synopsis Asian Development Outlook 2018 by : Asian Development Bank
Download or read book Asian Development Outlook 2018 written by Asian Development Bank and published by Asian Development Bank. This book was released on 2018-04-01 with total page 650 pages. Available in PDF, EPUB and Kindle. Book excerpt: The annual Asian Development Outlook analyzes economic performance in the past year and offers forecasts for the next 2 years for the 45 economies in Asia and the Pacific that make up developing Asia. Growth prospects in the region are upbeat, buoyed by favorable demand at home and abroad. A strong performance in 2017 reflected a surge in exports, which will likely abate this year and next, and rapidly expanding domestic demand. While the outlook is for steady growth, risks to it are decidedly on the downside: Trade friction could weaken recently deepened trade links, tightening US monetary policy could diminish investment in developing Asia, and rising domestic private debt may hamper growth. New technologies drive higher productivity, the foundation for economic growth, better-paid jobs, and poverty reduction. The latest technologies in robotics and artificial intelligence may threaten some jobs, however, and leave less-skilled workers behind. To maximize gains in productivity while safeguarding social welfare, governments in developing Asia should protect workers but not preserve particular jobs. Meanwhile, they should facilitate the countervailing forces in new technologies that generate new jobs. Dealing with the downsides of new technology requires synchronized effort on skills development, labor regulation, social protection, and income redistribution.
Book Synopsis Is South Asia Ready for Take Off? by : Mr.Ranil M Salgado
Download or read book Is South Asia Ready for Take Off? written by Mr.Ranil M Salgado and published by International Monetary Fund. This book was released on 2019-11-04 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the mid-1980s, durable reforms coupled with prudent macroeconomic management have brought steady progress to the South Asia region, making it one of the world’s fastest growing regions. Real GDP growth has steadily increased from an average of about 3 percent in the 1970s to 7 percent over the last decade. Although growth trajectories varied across countries, reforms supported strong per capita income growth in the region, lifting over 200 million people out of poverty in the last three decades. Today, South Asia accounts for one-fifth of the world’s population and, thanks to India’s increasing performance, contributes to over 15 percent of global growth. Looking ahead, the authors find that South Asia is poised to play an even bigger role in the global economy, in both relative and absolute terms. India has overtaken China as the fastest growing large economy and South Asia’s contribution to global growth is set to increase, while more mature economies decelerate. Greater economic diversification, with an expansion of the service sector, improvements in education, and a still sizable demographic dividend are among the key elements underpinning this performance. Based on demographic trends, more than 150 million people in the region are expected to enter the labor market by 2030. This young and large workforce can be South Asia’s strength, if supported by a successful high-quality and job-rich growth strategy. Amid a changing global economic landscape, the authors argue that South Asia will need to leverage on all sectors of the economy in a balanced way, supporting improvements in agricultural productivity and a sustainable expansion of manufacturing, while promoting higher-skill services, to achieve this goal.
