Ejaz Ghani, Sadiq Ahmed's Accelerating Growth and Job Creation in South Asia PDF

By Ejaz Ghani, Sadiq Ahmed

ISBN-10: 0198060041

ISBN-13: 9780198060048

South Asia is still domestic to the world's biggest variety of bad. There also are mammoth disparities among nations. This, mixed with the continuing recession in economies across the world, increases new matters concerning the demanding situations that confront governments and analysts at the present time. This ebook analyses the kinds of regulations and associations which may propel South Asia in the direction of better development, whereas additionally selling progress inclusiveness to handle the inequality issues. The research of the e-book is an consequence of a high-level discussion on progress among the non-public area, political management, policymakers, and lecturers in South Asia. the quantity is geared up alongside 3 themesoverview of South Asias development possibilities and demanding situations; resources of development and rules; and the position of neighborhood cooperation in selling development.

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Example text

Second, South Asia suffers from a policy deficit, given highly distorted pricing, poor sector governance and accountability, and weak cost recovery. It is estimated that eliminating the financial losses from the power and water sectors alone would provide a substantial chunk of the incremental funds for infrastructure investment that India needs. Third, South Asia suffers from a cooperation deficit. India, one of the energy thirsty nations, sits next to an immensely energy-rich neighbour, Nepal.

Higher growth rate in the 10 per cent range will require an even more rapid pace of investment to modernize the infrastructure. Much of the infrastructure investment gap has to be financed at the national level along with necessary improvements in sector SUSTAINING RAPID GROWTH IN SOUTH ASIA 15 policies and institutions. Yet, regional cooperation can be of great help to meet a significant part of this need. The three priority areas for regional cooperation include telecom and internet, energy, and transport.

Among the factors that inhibit labour mobility are internal distances, poor infrastructure (such as roads), cultural factors (such as language), poor education, and location-specific safety net programmes such as rural employment guarantee schemes in India, which prevent migrant workers from using safety nets in states where they were not born. SUSTAINING RAPID GROWTH IN SOUTH ASIA 27 Given the positive role of migration and remittances in reducing inequality and poverty, policy efforts should focus on removing restrictions on migration and to lower the cost of sending remittance by facilitating money transfer through official channels.

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Accelerating Growth and Job Creation in South Asia by Ejaz Ghani, Sadiq Ahmed


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