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Pakistan

It’s Time to Collaborate to Tackle the Jobs & Youth Agenda

Anushka Wijesinha's picture

“While unemployment is around 5% in Sri Lanka, youth unemployment is nearly 3 times that. Youth unemployment is a critical challenge for us right now”, I said, in my remarks on Sri Lankan perspectives at a South Asian youth dialogue on the sidelines of the World Bank–IMF Spring Meetings last month. “Hey, what are you complaining about? Youth unemployment is almost 50% in Greece right now!”, was the immediate response I got from a World Banker in the audience. I was taken slightly aback, but it made it very clear to me - the youth unemployment issue is a gripping issue for many of the world’s economies right now, and even if the numbers may not always be on the same scale and each country has different reasons for why it’s a high-priority policy issue right now.

The last year and a half has seen everyone sit up and take notice of youth unemployment like never before – either because of the Arab Spring or protests by discontent educated youth in European capitals. The attention of economists and governments alike is on it – how did it become such a challenge? How can we address it?

What Can South Asia Do to Make the Big Leap?

Ejaz Ghani's picture

Last week, I discussed the optimistic and pessimistic views of South Asia's development potential. As I highlighted in my book, Reshaping Tomorrow, South Asia is among the fastest growing regions in the world, but it is also home to the largest concentration of people living in conditions of debilitating poverty, human misery, gender disparities, and conflict.

I also ask if South Asia is Ready for the Big Leap. The optimistic view is that India will achieve double-digit growth rates benefiting the rest of South Asia. The pessimistic view is that growth will be derailed by structural and transformational challenges. In this entry, I will make some suggestions on how South Asia could realize the optimistic view.

What can be done?

Imagining our Future Together Art Competition Update

South Asia's picture

On April 3, 2012, the World Bank announced the “Imagining Our Future Together” art exhibition competition for young artists (those born after 1975) to submit samples of their work to be included in an upcoming traveling exhibition, “South Asia Artists: Imagining Our Future Together.” The deadline for submissions was April 30, 2012.

We received applications from 231 artists in all eight South Asian countries:

Afghanistan: 41
Bangladesh: 25
Bhutan: 7
India: 83
Maldives: 2
Nepal: 15
Pakistan: 50
Sri Lanka: 8

Why Caste and Social Exclusion Need to be Addressed in Policy Making in Pakistan

Rehan Jamil's picture

The social institution of caste and the many ways it can create exclusion amongst different groups has a generated much literature in South Asia, primarily focused on India. Caste is often incorrectly characterized as a social hierarchy inherent within Hinduism. In fact, caste is a social phenomenon that exists across groups in South Asia, including Hindus, Muslims, Sikhs and Christians throughout South Asia in varying degrees.

In Pakistan, research and debate on the implications of caste and poverty has been limited. While a substantial literature exists about the social structures of Pakistan, including various caste, kinship groups and tribes such as zaat (caste), biraderi/qaum (kinship groups) and qabila (tribe), development practitioners and policy makers have largely ignored the issue of caste and social exclusion in Pakistan with its links to inequality in rights, access services and representation.

The Unbanked in South Asia

Leora Klapper's picture

What is the account penetration among women in South Asia? Has the spread of bank agents affected how adults do their banking in Bangladesh and Nepal? How are people all over South Asia saving, borrowing, making payments and managing risk?

In the past, the view of financial inclusion in SAR has been incomplete, and the details unsatisfying. A patchwork of data from diverse and often incompatible household and central bank surveys was the only information available with which to construct a regional picture.

With the release of the Global Financial Inclusion Indicators (Global Findex) we now have a comprehensive, individual-level, and publicly-available database that allows for comparisons across 148 economies of how adults around the world manage their daily finances and plan for the future. The Global Findex database also identifies barriers to financial inclusion, such as cost, travel time, distance, amount of paper work, and income inequality.

India-Pakistan Trade: Making Borders Irrelevant

Tara Beteille's picture

In our blog post last November, we discussed Pakistan’s decision to grant India most favored nation (MFN) status. We were hopeful about the gains from easier trade between the two, but noted the many stumbling blocks in between. In the past 20 weeks, both countries have made serious efforts to address these blocks. Things are looking good. Here is an update.

Both countries mean business

In addition to the goodwill gesture of Pakistani President Asif Ali Zardari visiting India this April and Indian Prime Minister Manmohan Singh considering visiting Pakistan, important issues addressed include:

  • Pakistan issued an order in March 2012 to move from a positive list of 2,000 items for India to a negative list of 1,209 banned items. Pakistan intends to phase out the negative list altogether and formally give India MFN status by the end of 2012.
  • India, which formally granted Pakistan MFN status in 1996 (but maintained barriers) has agreed to reduce its sensitive list of 865 items by 30% within four months. India has also agreed in principle to allow Pakistani foreign direct investment in the country.

Make Trade, Not War in South Asia: Toward Regional Integration

Elizabeth Howton's picture

Can economics trump politics in South Asia, a region fragmented by decades of strife? Will greater regional cooperation and lowering barriers to trade bring harmony along with economic growth?

Those were the questions on the table Thursday as a panel from across the region discussed “Breaking Down Barriers: A New Dawn in Trade and Regional Cooperation in South Asia.”

Most panelists expressed optimism about trade’s pacifying abilities. Moderator Barkha Dutt, an Indian television journalist, opined that “What trade does, in its very ordinariness, is modulate the emotions.” Teresita Schaffer, former U.S. ambassador to Sri Lanka, agreed that “Trade can provide another conversation… and provide reasons why rivalries should not be allowed to get out of hand.”

But which comes first, the chicken or the egg? asked another panelist, Nepali journalist Kanak Dixit. Clearly, he said, it’s the chicken (commerce), because other things have been tried and have not worked. He said that “chicken” will lay two “eggs”: peace and prosperity.

Imagining our Future Together: A Call for South Asia Artists to Share Your Art!

South Asia's picture


Are you a South Asian artist from Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, or Sri Lanka and born in or after 1975?

You are invited to share examples of your work for the exhibition South Asia Artists: Imagining Our Future Together.

Imagining our Future Together is a juried group exhibition that will be on display in throughout South Asia and beyond.

Concept

The concept of the exhibition comes from the realization that cooperation among the countries of South Asia is the key to the region’s success in the 21st century. And what better example of transcending borders and breaking stereotypes can be seen than in art created by emerging artists, some of our society’s most perceptive, creative and genuine minds?

Imagining our Future Together is an opportunity to communicate your experience, feelings and thoughts as visual artist to the rest of the world.

What Women Can Bring to the Asian Century

Isabel Guerrero's picture

Today we celebrate International Women’s day. Like every year, hundreds of events will happen worldwide to highlight the importance of rebalancing the global gender equality and integrating women in economic, development and peace processes. We will probably read or hear the phrase “women’s empowerment” many times, but tomorrow, people will refocus naturally on other day to day issues, as there is still concern about the effects of the financial crises, its impact on people’s pockets and the lack of employment for new generations.

It is true that South Asia navigated the financial crisis better than most regions and that over the last two decades it has experienced a long period of robust economic growth, averaging 6 percent a year. The idea that the world has entered the Asian Century is now becoming a reality and some countries in the region are working hard to become global leaders and getting ready to give the world economy a big boost. But if South Asia wants this boom to happen, the region needs to go far beyond today’s celebration to bring women on board now: women are a key force to shape the region’s future.

Global Youth Conference 2012: Addressing Youth Unemployment in South Asia

Kalpana Kochhar's picture

I’ve just concluded a discussion on addressing youth unemployment around the world with experts at the Global Youth Conference currently happening and wanted to hear your thought as well as share some of my own on South Asia. Indeed, South Asia has grown rapidly and has created more and mostly better jobs. The region created 800,000 new jobs per month in the last ten years boosting economic growth and reducing poverty. Arrive in any South Asian metropolis and you’re often hit by the richness of activity throughout its busy streets.

The region’s coming demographic transition of more young people entering the work force is expected to contribute nearly 40 percent of the growth in the world’s working age (15—64) population over the next several decades. However, youth in South Asia still face many challenges during their transition to adulthood including malnutrition, gender inequality and lack of access to quality education. More working age people with less children and elderly dependants to support will either become an asset for the region to continue growing or a curse depending on the enabling environment for the creation of productive jobs.

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