Publication:
South Asia Development Update, April 2024: Jobs for Resilience

Simple item page
dc.contributor.authorWorld Bank
dc.date.accessioned2024-03-19T15:38:42Z
dc.date.available2024-03-19T15:38:42Z
dc.date.issued2024-04-02
dc.description.abstractSouth 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.
dc.identifierhttps://documents.worldbank.org/en/publication/documents-reports/documentdetail/en/099061824200022003
dc.identifier.doi10.1596/978-1-4648-2103-5
dc.identifier.isbn978-1-4648-2103-5
dc.identifier.urihttps://hdl.handle.net/10986/41212
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectSOUTH ASIA’S ECONOMIC GROWTH
dc.subjectPRIVATE INVESTMENT
dc.subjectLABOR MARKET
dc.subjectCLIMATE SHOCKS
dc.subjectCLIMATE CHANGE
dc.subjectTECHNOLOGY ADOPTION
dc.subjectPOVERTY
dc.subjectFEMALE LABOR FORCE PARTICIPATION
dc.subjectEMPLOYMENT GROWTH
dc.titleSouth Asia Development Update, April 2024: Jobs for Resilience
dc.typeSerial
dspace.entity.typePublication
okr.doctypePublications & Research::Publication
okr.guid099061824200022003
okr.identifier.doihttps://doi.org/10.1596/41212
okr.language.supporteden
okr.region.geographicalSouth Asia
okr.topicEnvironment
okr.topicMacroeconomics and Economic Growth
okr.topicPrivate Sector Development
okr.unitThe Office of the Chief Economist of the South Asia Region
Files
Original bundle
Now showing 1 - 5 of 8
Thumbnail Image
Name:
SADU Spring 2024 Full Report.pdf
Size:
1.82 MB
Format:
Adobe Portable Document Format
Description:
Full Report
Download
Thumbnail Image
Name:
SADU April 2024_Foreword.pdf
Size:
48.34 KB
Format:
Adobe Portable Document Format
Description:
Foreword
Download
Thumbnail Image
Name:
SADU April 2024_Executive Summary.pdf
Size:
50.41 KB
Format:
Adobe Portable Document Format
Description:
Executive Summary
Download
Thumbnail Image
Name:
SADU April 2024_Chapter 1.pdf
Size:
544.3 KB
Format:
Adobe Portable Document Format
Description:
Chapter 1
Download
Thumbnail Image
Name:
SADU April 2024_Box 1-1.pdf
Size:
128.76 KB
Format:
Adobe Portable Document Format
Description:
Box 1.1
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Item-specific license agreed upon to submission
Description:
Download
Collections
South Asia Development Update