Description

Highlights the remarkable development progress in South Asia, especially the decline in extreme poverty, and how the region can advance in the aftermath of the COVID-19 pandemic and the impact of the war in Ukraine. Steps include a renewed push toward greater trade and financial openness, while responding proactively to the distributional impact and dislocation associated with this structural transformation. Promoting a green and digital recovery remains important.

The book explores ways to accelerate the income convergence process in the region, leveraging on the still-large potential demographic dividend in most of the countries. These include greater economic diversification and export sophistication, trade and foreign direct investment liberalisation and participation in global value chains amid shifting regional and global conditions, financial development, and investment in human capital.

South Asia's Path to Resilient Growth

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Paperback / softback by Ranil Salgado , Rahul Anand

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Highlights the remarkable development progress in South Asia, especially the decline in extreme poverty, and how the region can advance... Read more

    Publisher: International Monetary Fund (IMF)
    Publication Date: 30/12/2023
    ISBN13: 9781513587219, 978-1513587219
    ISBN10: 1513587218

    Number of Pages: 304

    Non Fiction , Business, Finance & Law

    Description

    Highlights the remarkable development progress in South Asia, especially the decline in extreme poverty, and how the region can advance in the aftermath of the COVID-19 pandemic and the impact of the war in Ukraine. Steps include a renewed push toward greater trade and financial openness, while responding proactively to the distributional impact and dislocation associated with this structural transformation. Promoting a green and digital recovery remains important.

    The book explores ways to accelerate the income convergence process in the region, leveraging on the still-large potential demographic dividend in most of the countries. These include greater economic diversification and export sophistication, trade and foreign direct investment liberalisation and participation in global value chains amid shifting regional and global conditions, financial development, and investment in human capital.

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