Accelerating Growth and Job Creation in South Asia

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In recent times, South Asia has attracted global attention for demonstrating rapid growth. What is not so well known is that this is the least integrated region in the world. South Asia ha opened its door to the rest of the world but remains closed to its door to the rest of the world but remains closed to its neighbours. Poor market integration, weak connectivity, and a history of conflict have creates 'two South Asias'. The first is dynamic, urbanized, globally integrated, and rapidly growing; the second is rural impoverished, and lagging. Accelerating Growth and Job Creation in South Asia provides fresh perspectives on these issues by exploring the link between regional integration, economic growth, and job creation. The outcome of a high-level dialogue between the private sector, political leadership, policymakers, and academics in South Asia, this volume is an important contribution to the debates in this area. The volume is organized along three themes-overview of South Asia's growth opportunities and challenges; sources of growth and policies for the future; and the significance of regional cooperation in promoting growth. The essays combine quantitative data with analytical rigour to provide and institutions that can propel South Asia towards higher growth, while promoting inclusiveness. Timely and relevant in the context of the ongoing global crisis, this book will be usefull for policymakers, NGOs, development agencies, and industry strategists. It will also be of interest to students and scholars of economics and South Asian studies.

ABOUT THE AUTHOR Ejaz Ghani

Ejaz Ghani is Economics Adviser, Poverty Reduction and Economics Management Department, South Asia Region, The World Bank.

ABOUT THE AUTHOR Sadiq Ahmed

Sadiq Ahmed is the Sector Director of the Poverty Reduction and Economic Management Unit of the World Bank. He was educated at Dhaka University, the London School of Economics, and Boston University. He taught briefly at Dhaka University, was a Research Economist at the Bangladesh Institute of Development Studies, and then joined the World Bank in 1981. At the World Bank he worked in many countries including Egypt, Indonesia, Papua New Guinea, Thailand, and former Yugoslavia, before moving to the South Asia region. He served previously as Country Director for Pakistan and Afghanistan and Chief Economist for the South Asia region. Since October 2006, he also concurrently manages the South Asia Finance and Private Sector Development Department. His research interests are in areas of macroeconomic policy, public finance, trade, and development. He has written and published extensively. His last book, Explaining South Asia's Development Success: The Role of Good Policies was published by the World Bank in 2006.