Economic and social development should not be left to economists and specialists only.
This message is manifested in “Window of Opportunity,” a video highlighting the ambitions and goals of the World Bank’s 2015-19 Country Partnership Strategy in Pakistan.
Truck drivers, entrepreneurs, doctors, teachers and thousands of other citizens from Pakistan shared their ideas and helped identify opportunities and challenges to guide future policies and action areas.
These individuals come from a myriad different backgrounds but are united by a common drive to open up windows of opportunities for Pakistan.
As Pakistan readies to celebrate its independence day, we can all feel satisfied about progress in restoring macroeconomic stability, but should also realise that the country can and should do much better. Pakistan has many assets, of which it can make better use — from its vast water and river endowment, to its coastline and cities, to its natural resources. And there are upsides: a growing middle class, a lively informal economy and a strong influx of remittances. Pakistan can also be proud of the first peaceful transfer of power between two civilian governments. But to reach its full potential, Pakistan needs to focus on two critical areas, both obvious and urgent. It needs to ensure that its people have the means to fully participate in and contribute to the economy. And it needs to integrate itself more, globally and regionally.
The first challenge is demographic. As a result of rapid population growth, 1.5 million youngsters reach the working age each year. The question is, will the private sector be able to provide the jobs they need and want? And will the youth have the skills to get good jobs? Pakistan must do far better in education. Primary school net enrollment is about 57 per cent, well below other South Asian countries. Enrollment drops by half in middle school, with much lower levels for girls and children from poor families. This is not a good foundation to build on.
It is not surprising then that Pakistan also struggles to give all its citizens the opportunity to participate in building better lives for themselves. Only 25 per cent of women participate in the labour force, compared to 50 and 80 per cent in most developing countries. Women and girls deserve better. Research shows that girls with little or no education are far more likely to be married as children, suffer domestic violence, and live in poverty. This harms not only them, but also their children, their communities and the economy. Greater gender equality can enhance productivity and improve development outcomes for the next generation. It is smart economics.
Pakistan has taken steps to empower women. The Benazir Income Support Program, supported by the World Bank, has provided millions of women with national ID cards and makes direct payments to them, strengthening their ability to take decisions and move out of poverty.
Sail Food Production Company is one of the largest food manufacturing factory in Nangarhar Province, Afghanistan. Despite countless hours spent on manual bookkeeping, its owner always complained about errors when reporting profits and losses on the company’s balance sheets.
At the close of each monthly accounting period, the company was always late in submitting profit and loss statements to the Provincial Department of Finance. Similarly, there were many inefficiencies in production and raw material tracking due to the absence of a proper inventory control system.
The scarcity of information technology integration within business operations has limited the development of Sail Food Production and many other Afghan small and medium enterprises (SME) as they are trying to remain competitive in a global business environment. How could this be improved?
The Digital Youth Summit 2015 (May 7-9, 2015, Peshawar) will explore the potential of e-lancing.
The vibrant city of Peshawar is getting ready to host the 2nd Digital Youth Summit (May 7-9, 2015, Shiraz Arena). Co-organized by the KP IT Board, Peshawar 2.0 and the World Bank, the Digital Youth Summit is a tech conference and startup expo gathering participants from Pakistan and all over the world passionate about tech entrepreneurship. While there is a lot of excitement about how technology fuels entrepreneurship, there has also been a quiet and steady rise of the ‘e-lancer’
What is e-lancing? Exactly what you think it is. E-lancing is free-lancing for the digital age. Powered by ICT tools and the internet, e-lancing allows independent tech savvy workers connected to the internet access to the global labor market. Over the past years, even ‘physical’ workspaces have started to get virtual through tele-conferencing, video meetings etc. Many are very convinced by the benefits of ICT-enabled remote work and the flexibility that comes with it while others caution that it may not be the holy grail people tout it to be. However everyone is in agreement about one thing: ICT reduces barriers and distances making the global market more accessible than ever.
All you need is a computer and an internet connection. Thanks to ICTs, e-lancing is booming and there are multiple platforms where employers and e-lancers can “meet” and do business. These virtual marketplaces functions like a Craigslist for skilled tasks: employers post tasks and e-lancers respond to posted tasks and submit offers. Once selected, the e-lancer starts working remotely for his/her client. In most cases, the e-lancing platforms remain the center for all main interactions (payments, reviews, messaging, etc.) between the employer and the on-line worker so to ensure transparency and avoid frauds.
Components of the newly established RFID-based LMS system
The library of any academic institution plays a key role in providing knowledge-based support to its faculty members, researchers and students. In recent years, the ‘digital library’ has emerged as a novel concept. It allows the access to and sharing of literary information and resources in digital and non-digital forms within the local and global communities. However, for Bangladesh a ‘digital library’ was only a dream until the Academic Innovation Fund (AIF) under the Higher Education Quality Enhancement Project (HEQEP) intervened. The Central Library of the Bangladesh University of Engineering & Technology (BUET) has now been digitized. The library is now a role model for other universities in Bangladesh.
Collaboration between industries and institutes increase job placement
After completing a course on becoming a beautician from the Ahsania Mission Training Center, Sonia Akter wondered how she would use her newfound skills to find employment. Luckily, she attended a job fair organized by STEP and quickly started a new career. “At the job-fair, I got an offer to join as a beautician in one of the beauty parlors. I accepted the offer and currently earning BDT 6,000 a month. “
Sonia is not alone. Out of the 2,000 job seekers who submitted their CVs, employers committed to hire an astounding 1,220 employees. Nazma Akter joined at Maroof Tailors & Cloth Store as a tailor, Md. Junayed Islam joined Voice Mail Mobile as a cell phone service technician, Pulok Roy joined Sigma Digital Electronics as an electrician, with each of them are earning currently around BDT 7,000 per month!
Career development is not just about what someone knows. It is also about how they sell their knowledge and skills to the job market and opportunities to engage with potential employers. Realizing the changing job market and help graduates seek competitive jobs matching their skills and interest – Skills and Training Enhancement Project (STEP) is organizing job fairs to boost the Technical and Vocational Education and Training (TVET) in Bangladesh.
A sizeable gap still exists between the employers’ requirement and the curriculum of the vocational training institutions in Bangladesh.The STEP project aims to provide linkages between the job market demand and student’s skill set. Many students who completed short-training courses or job seeking graduates benefited by communicating directly with the employers at the fair. Through job fairs, STEP has promoted the relationship between the job seekers and potential employers and helped them to understand the market demand and supply of the required knowledge and skills.
“The real end winner of NAFTA (North American Free Trade Agreement) is going to be Mexico […]” said then Mexican president Vicente Fox, in 2001. He was referring to Mexico’s gains from trade integration with the USA through NAFTA.
Vicente Fox was right. Mexico has continued to make sustained gains in trade over a 20 year period after signing NAFTA in 1994 with the US, its much larger partner (figure 1).
Opening up trade is not easy because losses can be immediate, while gains, despite being potentially much larger and more widespread, are often dispersed over time. Producers that may sustain losses from more open imports are often well organized and can hold up reforms quite effectively. Moreover, when one of the countries involved in mutual trade liberalization is disproportionately large, it enables the smaller country lobbies to raise the specter of being swamped by imports from its larger partner.
In the case of South Asia, a history of political differences further complicates deeper trade and economic cooperation within the region. Under these circumstances, opening up trade to neighbors requires strong leadership and a bold vision about the role of trade and regional integration in economic development.