Statistics show that what is commonly perceived as an energy gap in India is actually an efficiency gap.
But first, the good news. . That same year, power shortages declined dramatically to 0.9 percent from 8.5 percent in 2012.
As for clean power,
On top of that,
The country faces a monumental task to meet this demand while protecting its natural environment and the health of its people.
As I write in my new report, ‘In the Dark’, power distortions cost India much more than previously estimated: $86 billion in 2016—that is 4 percent of the country’s economy.
Law and Regulation
Statistics show that what is commonly perceived as an energy gap in India is actually an efficiency gap.
Will diversifying its economy help Bhutan address its youth unemployment, let alone its macroeconomic volatility and vulnerability?
With the right approach, yes.
And to that end, the latest World Bank Bhutan Development Report: A Path to Inclusive and Sustainable Development proposes solutions relevant to Bhutan’s context.
as described in the 10th and 11th five-year plans.
Diversifying the economy is touted as a standard prescription to cure such development ailments as joblessness, low productivity, and macroeconomic volatility.
However, international experience shows that this prescription does not always work.
Case in point: A World Bank’s analysis Diversified Development concludes that in resource-rich countries, investing in physical capital, human capital and economic institution are the best ways to sustain growth in the private sector.
Further to that, the development of specific sectors, which is often a common ingredient of diversification strategies in certain countries, is neither necessary nor sufficient for private-sector-led growth.
- Jobs and Development; Skills; Human Capital
- Human Capital Project
- Human Capital Index
- human capital accumulation
- Human Capital
- Social Development
- Public Sector and Governance
- Private Sector Development
- Law and Regulation
- Financial Sector
- Climate Change
- South Asia
If, like me, you’re a firm believer in New Year’s resolutions, early January ushers in the prospect of renewed energy and exciting opportunities. And as tradition has it, it’s also a time to enter the prediction game.
To sum up:
Notably, and despite increasing conflicts and growing fragility, Afghanistan is expected to increase its growth to 2.7 percent rate this year.
In this otherwise positive outlook, Pakistan’s growth is projected to slow to 3.7 percent in fiscal year 2018-19 as the country is tightening its financial conditions to help counter rising inflation and external vulnerabilities.
However, activity is projected to rebound and average 4.6 percent over the medium term.
And power outages across the country have gone down drastically over the past few years.
After peaking in 2006, per capita electricity consumption failed to grow for almost a decade, remaining only one-fifth the average for other middle-income countries in 2014.
Fittingly, my new report
The study sheds new light on the overall societal costs — not merely the fiscal costs as in previous research — of subsidies, blackouts and other distortions in the power sector.
To that end, my team and I surveyed Pakistan's entire supply chain from upstream fuel supply to electricity generation, transmission and distribution, and eventually, down to consumers.
Put simply, the numbers we found are dire.
Problems begin upstream, where gas underpricing encourages waste and reduces incentives for gas production and exploration.
And with no recent significant gas discoveries, higher gas usage has widened the gap between growing demand and low domestic supply.
On top of that, the volume of gas lost before reaching consumers reached 14.3 percent in fiscal year 2015. By comparison, this number is about 1 to 2 percent in advanced economies.
Poor transmission contributed to 29 percent of the electricity shortfall in fiscal year 2015, while weak infrastructure, faulty metering and theft cause the loss of almost a fifth of generated electricity.
Electricity underpricing and failure to collect electricity bills have triggered a vicious “circular debt” problem, leading to power outages.
A lack of grid electricity also leads to greater use of kerosene lamps that cause indoor air pollution and its associated respiratory infections and tuberculosis risks.
Lack of access to reliable electricity also adversely impact children’s study time at night, women’s labor force participation, and gender equality.
Although Bangladesh has achieved much in the way of poverty reduction and human development, progress has been slower in some urban areas.
Issues such as slow-down of quality job growth, low levels of educational attainment (notably among the youth), and lack of social protection measures have taken the wind out of the proverbial urban reduction “sail.” As the country starts fresh in the new year, it is an opportune time to reflect on some of the key issues affecting urban poverty.
Despite the steady growth in Gross Domestic Product (GDP), successive Household Income and Expenditure Surveys (2005 to 2010 and 2010 to 2016) suggest that Given the accelerating rate of urbanization, it suggests that more people live in extreme poverty in 2016 than they did in 2010. With nearly 44% of the country’s population projected to be living in an urban setting by 2050, this issue is only likely to intensify.
Several factors may be driving this trend. Absence of education and skills dampen labor market participation and productivity. Among those who participate in the labor-force in urban areas, 19% of men and 28% of women are illiterate. For those who received at least some training, a recent study shows that only 51% of eighth-grade students met equivalent competency in the native language subject (Bangla). The figures were markedly lower for other subjects. Similar trends carry through to technical diploma and tertiary level institutes. As a result, many prospective employers report reluctance to hiring fresh graduates.
This hidden hunger is especially pervasive among children.
These deficiencies have contributed to high levels of stunting, wasting and underweight children.
Micronutrient availability can make or break a balanced diet
But they can become toxic if consumed in large amounts.
But except for mandatory iodine fortification of salt, India lags in adopting food fortification as a scalable public health intervention.
This is a missed opportunity as
In 2016, the Food Safety and Standards Authority of India released standards for the fortification of five staple food items: rice, wheat, salt, oil, and milk. Further to that, regulations are now in place to fortify milk variants such as low fat, skimmed, and whole milk with Vitamin A and D.
But despite its significant health benefits, and while established for more than three decades by companies such as Mother Dairy, a subsidiary of the National Dairy Development Board (NDDB), milk fortification is not yet common practice across the Indian milk industry.
To fill that gap, NDDB partnered in 2017 with the South Asia Food and Nutrition Security Initiative (SAFANSI), the World Bank, and The India Nutrition Initiative, Tata Trusts to explore the possibilities of large-scale milk fortification in India.
Over the last twelve months, this collaboration has enabled ten milk federations, dairy producer companies, and milk unions across the country to pilot milk fortification for their consumers. Fifteen others have initiated the process.
In 2001, only one million Afghan children attended school–none of them girls.
Amina, a 9th grade student, is one of over 3 million girls that now attend school through the contributions of the Afghan people and support from the international community.
"I have seen many improvements at my school. We are learning more now through better teaching methods and materials,” she said. Amina is one of the millions of Afghans whose lives have improved and has great hopes for the future.
As the first country that I visited after becoming the World Bank’s Vice President for the South Asia Region in July 2018, .
The country has immense potential. Located in the center of a fast-growing region blessed with a young population and abundant natural resources, .
در سال ۲۰۰۱ میلادی صرف یک میلیون متعلم شامل مکاتب در افغانستان بودند، که تمام آنان را پسران تشکیل میداد. اما
آمنه، متعلم صنف نهم، یکی از ۳ میلیون دختر امروز قادر است با پشتیبانی مردم افغانستان و به حمایت جامعه جهانی به مکتب برود. وی میگوید: "شاهد ترقی و پیشرفت های زیادی در محیط درسی مکتب ما هستم. با تغییر در روش های تدریس و فراهم سازی مواد درسی جدید، حالا ما میتوانیم بیشتر و بهتر بیاموزیم." آمنه، یکی از میلیون ها دختر افغان است که زندگی اش در مقایسه با گذشته بهبود یافته است و امیدواری زیادی برای تحکیم یک آینده مرفه در افغانستان دارد.
پس از آنکه در ماه جولای سال ۲۰۱۸ میلادی به حیث معاون بانک جهانی برای کشور های جنوب آسیا شروع بکار نمودم، اولین سفر کاری ام به افغانستان بود. با آنکه هنوز هم افغانستان با چالش های زیادی مواجه است، اما پیشرفت و دست آورد ها در سکتور های مختلف از جمله صحت، معارف، ایجاد و بازسازی زیر بنا و از همه مهمتر تلاش و استقامات بی شائبه افغانها در برابر مشکلات و موانع، چشمگیر است.
که میتوان از آن جمله موقیعت ستراتیژیک جغرافیایی این کشور، موجودیت نیروی جوان کار و دسترسی به منابع سرشار طبیعی را از عوامل کلیدی و تاثیر گذار برای تأمین رُشد و توسعه اقتصادی پایدار در این کشور عنوان کرد. با استفادۀ مطلوب از این ظرفیت ها و تطبیق درست برنامه ها، افغانستان میتواند به رُشد اقتصادی سریع و بهبود همه جانبۀ در شرایط زندگی افغان ها نایل گردد.
په ۲۰۰۱ زېږدیز کال کې د افغانستان په ښوونځیو کې د زده کوونکو د شمیر یوازې یو میلیون تنو ته رسېډه، چې ټول یې هلکان و. خو
آمنه چې د نهم ټولګي زده کوونکې ده، لکه ۳ میلیون نورې نجونې اوس دا وړتیا لري څو د افغانستان د خلکو په مرسته او د نړیوالې ټولنې په ملاتړ ښوونځي ته ولاړه شي.
نوموړې وایي: "د خپل ښوونځي په درسي چاپېریال کې د زیاتو پرمختګونو او بدلون شاهده یمه. په تدریسي چارو کې مثبت بدلون او د نوي درسي توکو په برابرولو سره، اوس موږ کولای شو، څو په غوره توګه خپلې زده کړې ترسره کړو." آمنه یوه له میلیونونو افغان نجونو څخه ده چې ژوند یې د پخوا په پرتله بدلون موندلی او په افغانستان کې د یوې سوکاله راتلونکې د رامینځته کېډو لپاره ډېره هیله منه ده.
وروسته له هغه چې په ۲۰۱۸ کال کې د سویلي آسیا د هېوادونو لپاره د نړیوال بانک د مرستیال په توګه مې په کار پېل وکړ، لومړنۍ کاري سفر مې افغانستان ته ترسره کړ. .
افغانستان د اقتصادی ودې لپاره یو شمېر بالقوه ظرفیتونو، لکه د مخ په ودې هېوادنو په مینځ کې ستراتیژیک جغرافیايي موقیعت، د ځوان کاري ځواک شتون او پراخو طبیعي سرچینو ته لاسرسۍ څخه برخمن دي چې کیدای د دې هېواد د اوږد مهاله اقتصادي پراختیا او ودې لپاره کلیدي او اغېزمن عواملو ته بدل شي. له دغو ظرفیتونو څخه د غوره ګټه اخیستنې او د پراختیايي پروګرامونو په هراړخیز تطبیق سره به افغانستان دا ځواک ترلاسه کړي څو په چټکۍ سره اقتصادي وده وکړي او د افغانانو په ژوند کې پراخ بدلون رامینځته شي.
Its annual average economic growth of 7.6 percent between 2007 and 2017 far exceeds the average global growth rate of 3.2 percent.
This high growth has contributed to reducing poverty: Extreme poverty was mostly eradicated and dwindled from 8 percent in 2007 to 1.5 percent in 2017, based on the international poverty line of $1.90 a day (at purchasing power parity).
Access to basic services such as health, education and asset ownership has also improved significantly.
The country has a total of 32 hospitals and 208 basic health units, with each district hospital including almost always three doctors.
The current national literacy rate is 71 percent and the youth literacy rate is 93 percent.
The recent statistics on lending, inflation, exchange rates and international reserves (Sources: RMA, NSB) confirm that
Gross foreign reserves have been increasing since 2012 when the country experienced an Indian rupee shortage.
Reserves exceeded $1.1 billion, equivalent to 11 months of imports of goods and services, which makes the country more resilient to potential shocks.
The nominal exchange rate has been depreciating since early 2018 (with ngultrum reaching Nu. 73 against the US dollar in early November).