|Climbing Higher: toward a Middle-income Nepal|
Nepal is experiencing modest growth but brisk poverty reduction. It has halved the poverty rate in just seven years and witnessed an equally significant decline in income inequality. Yet Nepal remains one of the poorest and slowest-growing economies in Asia, with per capita income falling behind its regional neighbors. The report discusses the need for comprehensive policy reform to address the country’s challenges in becoming a lower-middle-income country by 2030. The report outlines suggested reforms to facilitate greater investment and improved productivity, build new sources of growth, and deepen human capital.
Author: World Bank Group
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Tags: Employment, Investment, Nepal, Poverty Reduction, Trade, Transport, WB
|Growth Slowdowns, Middle-Income Trap, and Demographic Profile in South Asia|
This paper examines how investment in human capital is critical for innovation. Analyzing the different growth-promoting factors in South Asian economies, with a focus on demographics, and factors that can help shift middle-income countries to high-income countries, it concludes that economic transition is affected by firms’ productive advantages—ability to compete with high-skilled producers, low-wage exporters—and education-based growth, which can help advance the country's technological capacity.
Author: S. P. Jayasooriya
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Tags: Economics, Employment, Manufacturing, Economic Corridor, South Asia
|Renewable Energy Sector in Emerging Asia: Development and Policies (TIID Working Paper No. 1/2017)|
Rapid economic growth in emerging Asia has led to a critical increase of greenhouse gas emissions. Transitioning to renewable energy sources would help reduce emissions. However, massive investment is needed to make that transition. According to this paper, targeted policy interventions are needed to facilitate trade and investment in the renewable energy sector and create “green jobs” in the low-carbon and resource-efficient sectors.
Author: Masato Abe, Candice Lea Marie Branchoux, Jaewon Kim
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Tags: Bangladesh, Energy, Governance, Hydropower, Employment, India, Myanmar, Sustainability, UNESCAP
|Scaling New Heights: Vizag-Chennai Industrial Corridor, India’s First Coastal Corridor|
This book provides policymakers with a guide to understanding India’s economic corridor development strategy by examining its first coastal economic corridor, the East Coast Economic Corridor. It lays out the plan for its first phase, the Vizag–Chennai Industrial Corridor, which can help unify the country's domestic market, integrate its economy with Asia's global value chains, and support the 'Make in India' initiative to spur manufacturing through construction of world-class infrastructure supported by a major transport network, connecting urban clusters complemented by vibrant industrial zones, and encouraging a favorable and competitive environment for businesses to thrive, and facilitating efficient movement of goods and people. As a policy instrument and development strategy, economic corridors can help fast-track inclusive and sustainable economic growth, stimulate rapid industrialization and increase productivity, promote investments, and expand regional connectivity.
Author: Sabyasachi Mitra, Rana Hasan, Manoj Sharma, Hoe Yun Jeong, Manish Sharma, and Arindam Guha
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Tags: Economic Corridor, India, Trade Facilitation, Transport, Employment
|Together We Deliver 2015: Partnerships against Poverty|
This book gathers 14 stories from across Asia and the Pacific that highlight successful projects demonstrating development impact, best practices, and innovation. It includes stories from Bangladesh, India, Nepal, and Sri Lanka that illustrate how the Asian Development Bank (ADB) and its partners, with their combined expertise, problem-solving abilities, and finances lift people’s living standards and solve a variety of pressing development problems. In India, Mumbai’s new Chhatrapati Shivaji International Airport is a shining example of how public–private partnerships can help solve the country's infrastructure deficit, increasing efficiency in cargo and passenger handling and saving on energy costs. In Bangladesh, partnership between ADB and nongovernment organizations is bringing health care to the urban poor. In Nepal, a Skills for Employment project is helping those caught in poverty improve their job prospects. In Sri Lanka, ADB and its development partners helped provide a fresh start through electricity, education, health services, and water sanitation.
Author: Asian Development Bank
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Tags: Public Private Partnerships, Transport, Water Sanitation, Employment, Poverty Reduction
|Beyond Low Wage Labor: Strengthening Bangladesh's Competitiveness - Using Trade to Leverage the Demographic Dividend|
This Diagnostic Trade Integration Study (DTIS) is a response to the Government of Bangladesh’s request to build a foundation for accelerated growth through enhanced economic integration. The study analyzes Bangladesh’s internal and external constraints for further integration into the world economy. DTIS contains a large number of industry and service sector studies that summarize policies and gaps in physical and institutional infrastructure, consolidate the country’s strength and potential in existing sectors, and highlight export growth and performance in Bangladesh.
Author: International Bank for Reconstruction and Development
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Tags: Economic Integration, Trade Policy, Bangladesh, Infrastructure, Exports, Employment
|Returned 6 publications|