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South Asia Economic Focus
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Book Synopsis South Asia Economic Focus by : World Bank
Download or read book South Asia Economic Focus written by World Bank and published by World Bank Publications. This book was released on 2019-10-12 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: The South Asia Economic Focus is a biannual economic update presenting recent economic developments and a near term economic outlook for South Asia. It includes a Focus section presenting more in depth analysis of an economic topic of relevance for stability, growth and prosperity in the region as well as country briefs covering Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka. It concludes with a data section providing key economic indicators for South Asia "at a glance". Overall, it aims at providing important background information and timely analysis of key indicators and economic and financial developments of relevance to World Bank Group operations and interaction with counterparts in the region, particularly during annual and spring meeting.
Book Synopsis South Asia Economic Focus by : World Bank
Download or read book South Asia Economic Focus written by World Bank and published by World Bank Publications. This book was released on 2018-10-07 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: The South Asia Economic Focus is a biannual economic update presenting recent economic developments and a near term economic outlook for South Asia. It includes a Focus section presenting more in depth analysis of an economic topic of relevance for stability, growth and prosperity in the region as well as country briefs covering Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka. It concludes with a data section providing key economic indicators for South Asia "at a glance". Overall, it aims at providing important background information and timely analysis of key indicators and economic and financial developments of relevance to World Bank Group operations and interaction with counterparts in the region, particularly during annual and spring meeting
Book Synopsis South Asia Economic Focus by : World Bank
Download or read book South Asia Economic Focus written by World Bank and published by World Bank Publications. This book was released on 2021-10-07 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: South Asia region’s economies continue on a recovery path, with production and export having recovered to pre-COVID trend levels. But the recovery has been uneven across countries and sectors, and significant risks exist that could jeopardize short-term recovery and long-term growth. Over the short-term, low vaccination rates in most countries in the region make the population and economies vulnerable to future COVID waves and lockdowns; supply shortages due to global supply bottlenecks continue to put upward pressure on (food) inflation, especially after consumption recovers. Over the long-term, the region faces long-lasting scarring effects from the pandemic. The emergence of a new services economy creates an opportunity for the region to shift gears and to move towards a services-led development model. The importance of services has been increasing over time and got a further boost during the response to the COVID pandemic, when digital technologies became critical. This new services economy comprises not just the ICT sector, but also business and professional services that are increasingly critical inputs into manufacturing and other sectors, and digital platforms that are creating new markets. It can become the driver of development in South Asia because 1) Services are increasingly tradable and also represent a large part of value added incorporated in the exports of goods. 2) Services firms can drive productivity growth because of innovations that make their own products and other industries more efficient 3) The services sector also generates jobs and helps upgrading skills through on-the-job training. To unleash the potential of the new services economy, policy makers should rethink regulations and establish new institutions to enable 1) competition and innovation 2) increased labor mobility and up-skilling, through education and on-the job training; 3) the absorption of new services by firms and households. Governments in South Asia are addressing these new realities, but they face major challenges. With countries worldwide struggling to find an optimal institutional environment for the new services sectors, a good option for South Asia is to experiment with regulatory sandboxes.
Book Synopsis South Asia Economic Focus by : World Bank
Download or read book South Asia Economic Focus written by World Bank and published by World Bank Publications. This book was released on 2019-04-07 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: The South Asia Economic Focus is a biannual economic update presenting recent economic developments and a near term economic outlook for South Asia. It includes a Focus section presenting more in depth analysis of an economic topic of relevance for stability, growth and prosperity in the region as well as country briefs covering Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka. It concludes with a data section providing key economic indicators for South Asia "at a glance". Overall, it aims at providing important background information and timely analysis of key indicators and economic and financial developments of relevance to World Bank Group operations and interaction with counterparts in the region, particularly during annual and spring meeting.
Book Synopsis South Asia Economic Focus by : World Bank
Download or read book South Asia Economic Focus written by World Bank and published by World Bank Publications. This book was released on 2020-04-11 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: The South Asia Economic Focus is a biannual economic update presenting recent economic developments and a near term economic outlook for South Asia. It includes a Focus section presenting more in depth analysis of an economic topic of relevance for stability, growth and prosperity in the region as well as country briefs covering Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka. It concludes with a data section providing key economic indicators for South Asia "at a glance". Overall, it aims at providing important background information and timely analysis of key indicators and economic and financial developments of relevance to World Bank Group operations and interaction with counterparts in the region, particularly during annual and spring meetings.
Book Synopsis South Asia Economic Focus by : World Bank
Download or read book South Asia Economic Focus written by World Bank and published by World Bank Publications. This book was released on 2021 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: South Asia region’s economies are beginning to recover, though unevenly: economic activity in industry and export sectors have recovered to pre-COVID levels but some labor-intensive services sectors and tourism have not. Inequality has worsened on many dimensions. The process of vaccinating South Asia’s population is underway, with India taking a leading role in production. The socioeconomic benefits of vaccinating most South Asians as soon as possible outweighs the cost by multiple times, and thus justifies having public sector financing. Cracks in the primary health care system became evident since the pandemic began, and the vaccine rollout is likely to have other additional challenges such as delays in production, bottlenecks in supply chain logistics and vaccine hesitancy from some groups (which could delay the process of herd immunity). There are also tradeoffs in the priorities that should be established in deciding who gets the vaccine first.
Book Synopsis South Asia Economic Focus by : World Bank
Download or read book South Asia Economic Focus written by World Bank and published by World Bank Publications. This book was released on 2022-04-13 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: South Asia’s growth rate has returned to pre-pandemic levels, but inflation is higher, and the Russia-Ukraine war will add to these pressures, negatively impact external balances, and exacerbate financial vulnerabilities. Higher energy prices provide an opportunity to transition to greater use of carbon pricing, consistent with a green, resilient, and inclusive development model. The theme chapter explains why gender equality has remained elusive in South Asia, and the region is unlikely to meet its 2030 sustainable development goals in this area. The COVID-19 crisis has exacerbated existing gender disparities as well as generated new ones. It is forcing a shift in priorities and funding across public and private sectors, with far-reaching effects on the well-being of women and girls. Plans for building back better after the crisis featuring large investments in digital infrastructure and green technologies have been discussed among policy makers, but gender should be a cross-cutting theme in the design of these policies.
Download or read book South Asia Economic Focus written by and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The South Asia Economic Focus is a biannual economic update presenting recent economic developments and a near term economic outlook for South Asia. It includes a Focus section presenting more in depth analysis of an economic topic of relevance for stability, growth and prosperity in the region as well as country briefs covering Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka. It concludes with a data section providing key economic indicators for South Asia "at a glance". Overall, it aims at providing important background information and timely analysis of key indicators and economic and financial developments of relevance to World Bank Group operations and interaction with counterparts in the region, particularly during annual and spring meeting.
Book Synopsis South Asia Economic Focus by : World Bank
Download or read book South Asia Economic Focus written by World Bank and published by World Bank Publications. This book was released on 2022-10-06 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: South Asia is facing renewed challenges. The impact of the Russia-Ukraine war on food and energy prices on domestic inflation is long-lasting. Externally, countries’ current account balances deteriorate rapidly as imports rise on the back of economic recovery and rising inflation, remittances decline, and foreign capital flows out following monetary tightening in advanced economies. An economic slowdown in advanced economies and trading partners can also be a drag to the exports sector and remittances inflows, which many countries in the region depend on. These immediate challenges can translate to persistent deterrent to long-term growth and development. Higher energy prices already are changing the attitude of many countries outside the region about green transition and carbon reduction. The South Asia region is thus at a critical juncture. The theme chapter provides a deep dive into COVID-19 and migration. Migrant workers and remittances flows are important for South Asia as sources of income and means to smooth local income shocks for households, and as an important source of foreign reserves for the country. The pandemic changed the flows of migration, as some migrants had to return home and some had to stay in foreign countries due to COVID-related restrictions. The chapter studies the long-run trend of migration in the region, how COVID-19 impacted migration and remittance inflows, whether migration has (or has not) recovered, and proposes policies to address underlying problems.
Book Synopsis South Asian Economic Development by : Moazzem Hossain
Download or read book South Asian Economic Development written by Moazzem Hossain and published by Taylor & Francis. This book was released on 2010 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: This new edition provides an up-to-date guide to the growing markets in South Asia. It offers an analysis of the changes and consequences of high sustainable growth of the region and provide an outlook as to where these economies are heading in the future. Focusing on the region's economic performance and achievements in the economic development front, the textbook will be of great interest to students and researchers in development economics, business economics, development studies and Asian studies.
Book Synopsis South Asia Economic Focus Spring 2014 by : World Bank Publications
Download or read book South Asia Economic Focus Spring 2014 written by World Bank Publications and published by World Bank Publications. This book was released on 2014-04-10 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt: Gradual removal of stimulus policies continues as developed economies follow their expected path of slow but sustained recovery. After suffering from international portfolio rebalancing triggered by gradual removal of quantitative easing in the US announced in May 2013, India in particular and South Asia more broadly have managed to reduce external vulnerability. However, growth across the region continues to falter while formidable domestic challenges remain to be tackled. The overall short and medium term outlook for South Asia remains cautiously positive. External vulnerabilities are gradually giving way to domestic downside risks as primary concern for growth and macroeconomic stability. Hence, as previous regional economic updates have argued, any positive development in growth will depend on progress isolating domestic threats to and building buffers for macroeconomic stability, strengthening the investment climate, and removing infrastructure bottlenecks. Over the short and medium run, the economic fortunes of South Asian economies will depend in part on financial sector developments. In the short term the key question is how further monetary contraction in the US will affect them. Over the medium run it will be crucial to achieve more robust and efficient financial intermediation to ensure greater resilience to shocks and that resources are allocated to fund major remaining infrastructure gaps. This edition’s focus section attempts to answer the first question and sheds light on risks in the South Asian banking sector.
Book Synopsis South Asian Economic Development by : Moazzem Hossain
Download or read book South Asian Economic Development written by Moazzem Hossain and published by Psychology Press. This book was released on 1999 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: The notion that South Asian economies have tended to be less successful than those of East Asia is critically examined and the reasons why discussed. Countries covered include Pakistan, India, Bangladesh and Sri Lanka. Key issues examined: * agriculture and rural development * labour market and human resource development * trade and industry policies * foreign investment and technological capabilities * foreign aid and economic development * financial development and economic performance * poverty, inequality and economic development * regional economic co-operation * 'green' development.
Book Synopsis South Asia Economic Focus Spring 2015 by : World Bank
Download or read book South Asia Economic Focus Spring 2015 written by World Bank and published by World Bank Publications. This book was released on 2015-04-30 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: The South Asia Economic Focus is a biannual economic update presenting recent economic developments and a near term economic outlook for South Asia. It includes a Focus section presenting more in depth analysis of an economic topic of relevance for stability, growth and prosperity in the region as well as country briefs covering Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka. It concludes with a data section providing key economic indicators for South Asia "at a glance". Overall, it aims at providing important background information and timely analysis of key indicators and economic and financial developments of relevance to World Bank Group operations and interaction with counterparts in the region, particularly during annual and spring meeting.
Book Synopsis South Asia Economic Focus, Spring 2013 by :
Download or read book South Asia Economic Focus, Spring 2013 written by and published by World Bank Publications. This book was released on 2013-04-19 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt: South Asia is regaining its economic momentum, but the recovery in the world’s region with the largest number of poor people could falter in the absence of a stronger investment climate. The combined growth of Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka was just 4.7% in 2012, substantially below pre-crisis levels. Much of the recent slowdown in economic growth can be attributed to stagnating investment. Total fixed investment grew by 2.6% in 2012, down from a high of 16.7% in 2010. The performance varies widely across the region. At the same time, the region is now more vulnerable because current account balances have widened, foreign direct investment has slowed, and persistently high inflation has limited the ability for central banks to use monetary policy to counter any economic downturn. Because of rising imports, countries in South Asia are also more vulnerable to increases in commodity prices. Therefore, the outlook remains cautiously optimistic with a relatively large downside risk. A pick-up of growth to 5.5% can be expected in 2013 dependent on ongoing efforts to rebuild policy buffers and boost private investment.
Book Synopsis South Asia Economic Focus by : World Bank
Download or read book South Asia Economic Focus written by World Bank and published by World Bank Publications. This book was released on 2024-04-02 with total page 131 pages. Available in PDF, EPUB and Kindle. Book excerpt: South Asia is expected to continue to be the fastest-growing emerging market and developing economy (EMDE) region over the next two years. This is largely thanks to robust growth in India, but growth is also expected to pick up in most other South Asian economies. However, growth in the near-term is more reliant on the public sector than elsewhere, whereas private investment, in particular, continues to be weak. Efforts to rein in elevated debt, borrowing costs, and fiscal deficits may eventually weigh on growth and limit governments' ability to respond to increasingly frequent climate shocks. Yet, the provision of public goods is among the most effective strategies for climate adaptation. This is especially the case for households and farms, which tend to rely on shifting their efforts to non-agricultural jobs. These strategies are less effective forms of climate adaptation, in part because opportunities to move out of agriculture are limited by the region’s below-average employment ratios in the non-agricultural sector and for women. Because employment growth is falling short of working-age population growth, the region fails to fully capitalize on its demographic dividend. Vibrant, competitive firms are key to unlocking the demographic dividend, robust private investment, and workers’ ability to move out of agriculture. A range of policies could spur firm growth, including improved business climates and institutions, the removal of financial sector restrictions, and greater openness to trade and capital flows.
Book Synopsis South Asia Economic Focus Fall 2014 by : World Bank
Download or read book South Asia Economic Focus Fall 2014 written by World Bank and published by World Bank Publications. This book was released on 2014-10-05 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global recovery remains below expectations and uneven across major advanced economies. Monetary tightening in a recovering US economy and potential deflation in a weak Eurozone constitute sources of risk for developing and emerging market economies. Nonetheless, developing country growth remains fairly robust. Notably, India continues its path towards sustained and faster growth as well as macroeconomic stability thereby paving the way for a solid regional performance in South Asia. While the region s external position has been further solidified, key domestic challenges include reducing risks on the fiscal side as well as sustaining investment and export growth through structural reform and prudent macroeconomic policy. The overall short and medium term outlook for South Asia points towards continued acceleration with potential downside risks concentrated on the fiscal and structural reform side. Future growth dynamics will increasingly depend on strong investment and export performance. While a challenging task, it may afford South Asia to significantly catch up with the fastest growing region - East Asia and Pacific. This edition s special focus section takes a macroeconomic look at exports and their potential for becoming a permanent growth pillar in South Asia.
Book Synopsis South Asia Economic Focus Spring 2016 by : World Bank
Download or read book South Asia Economic Focus Spring 2016 written by World Bank and published by World Bank Publications. This book was released on with total page 99 pages. Available in PDF, EPUB and Kindle. Book excerpt: South Asia by now has consolidated its position as fastest growing developing region in the world. Against the backdrop of relative external stability and some monetary policy space, growth is expected to continue a gradual acceleration on the back of strong investment performance and a return to solid contributions from export growth. India remains the motor of the region and on its way closer to 8 percent real GDP growth, though on a relatively more gradual path than previously anticipated. At the same time, economies across the region will have to tackle fading tailwinds and face ever more binding domestic constraints in the form of persistently high fiscal deficits together with high debt levels as well as some vulnerabilities in the financial sector. The focus section of this report will delve deeper into evaluating the quality of fiscal consolidation and policy, trying to assess short and longer term impact across major South Asian economies.
