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.
This book offers a multidisciplinary and comprehensive approach to understand the trends and issues of development, governance, and dynamics of gender in the South Asian region. It familiarizes the reader with the quantitative as well as qualitative aspects of governance and development. Contributing authors pay close attention to the socio-political and economic developments in South Asia in their respective chapters. The book is divided into four parts. The first part analyzes the social and economic development of South Asia in the context of human development, state apparatus, and migration. The second part focuses on issues of good governance and human rights. Issues related to minorities and corporate governance are also discussed specifically. The third part deals with the role of media and literature in the development narratives of South Asia. The last part highlights the inter-linkages between gender narratives and development. It is a must-read for those interested in understanding the socio-economic fabrics, political dynamics, and trajectory of development in South Asia.
This book assesses the roadmap for the implementation of the SDGs in South Asia, focusing in particular on the areas of poverty reduction, inequality, health/well-being and water and sanitation. South Asia is amongst the fastest growing regions in the world, with an aggregate GDP in excess of two trillion US dollars, but at the same time it has significant deficits in human development, with 37 per cent of the world's poor and nearly half of the world's malnourished children. For South Asia, the United Nations' Sustainable Development Goals (SDGs) represent a constructive opportunity to end many of the region's deprivations in a time-bound and systematic manner. Starting with the legacy of the Millennium Development Goals, the book goes on to provide a country-by-country overview of strategies for addressing the problems of poverty, health, water and sanitation. South-South Cooperation and in particular the South Asian Association for Regional Cooperation (SAARC) are discussed and, finally, the editors present a summary of policy priorities for social development. This book aims to be a useful resource for researchers, policy influencers, planners, implementers, students, and activists aiming to push to achieve the SDGs.
The revised edition of Southeast Asia provides a grounded account of how people in the region are responding to - and being affected by - the changes sweeping through the region.
The Routledge Handbook of South Asian Economics addresses the recent economic transformation in South Asia. Leading experts in the field look at the major economic achievements and challenges for the region and examine why economic development across the South Asia region has diverged so significantly since the early 1990s. Providing a cutting-edge review of the economies of South Asia, the Handbook analyzes key growth areas as well as key structural weaknesses and policy challenges facing these economies. Furthermore, it anticipates trends and suggests corrective measures for the South Asian economic region. Sections focus on issues of human development, such as inequality, poverty and quality of schooling, and monetary and fiscal issues, particularly in light of the ongoing global financial crisis. Further sections discuss issues relating to employment and infrastructure, and on the experience of the region with international trade and financial flows, and environmental challenges. Written by renowned and respected experts on South Asian economics, this Handbook will be an invaluable reference work for students and academics as well as policy makers interested in South Asian Studies, Economics and Development Studies.
The Report Raises Concerns About The Issue Of Employment From The Perspective Of People Provides A Policy Framework To Establish Links Between Economic Growth, Employment, Human Developed And Poverty Reductions. The Report Analyses The Issue Of Employment In The Context Of Globalization And Slow Down Of World Economy, Contains Wealth Of Data. 9 Chapters.
This book highlights that, because of the limited progressivity of tax systems in South Asia to address inequality, most of the public policy impact on inequality will be generated through the effect that expenditure policies have on opportunities and jobs.
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.
