FB   
 
Powered bysps
        Society for Policy Studies
 
 

 
South Asia Needs 1 Mn New Jobs Per Month: World Bank
Updated:Sep 23, 2011
 
Print
Share
  
increase Font size decrease Font size
 

Kathmandu, Sep 23 : To ward off poverty and promote growth, South Asia needs to create one million new jobs every month for the next 20 years, the World Bank warned Friday.To meet the target, no easy task on its own, the eight countries in the region would have to accelerate reforms, including ending conflict, controlling corruption, addressing electricity crises and bettering the education level.

A report released by the bank in Washington late Thursday -- More and Better Jobs in South Asia -- says India, Nepal, Afghanistan, Bangladesh, Bhutan, the Maldives, Pakistan and Sri Lanka will need to add between 1 and 1.2 million additional jobs every month for the next 20 years to contribute to growth, equity, and peace in the region.

Between 2000 and 2010, South Asia created nearly 800,000 jobs per month. But despite growth, the region is still home to the largest number of the world's poor -- a half billion people.

It also has the second lowest female participation rate in the labour force. While Nepal and Bhutan have greater participation by women, the largest countries have the lowest female participation rates with Pakistan at the bottom (22 percent), followed by India (30 percent) and Bangladesh (31 percent).

Though the region will be the largest contributor to the global workforce over the next two decades, accounting for about 40 percent of the increase in the global labour force, it will have to speed up reforms to meet the challenge of providing better jobs.The report names several key factors that have led to South Asian workers lagging behind South East Asia.

Since 2000, South Asia has ranked as the most conflict-affected among all major regions in the world. Four of the top ten countries in terms of direct deaths due to armed conflict in 2008 are from the region: Afghanistan, Pakistan, India, and Sri Lanka.With the exception of Sri Lanka, jobs in high conflict areas are more likely to remain rural and based in agriculture, like Afghanistan and Nepal.

Civil wars, even when they end, create obstacles to job creation. Almost 60 percent of firms in South Asia ranked political instability as a major or severe constraint to doing business.Most companies said the top three constraints to expansion were electricity, corruption, and political instability. The report found South Asian countries doing significantly worse than comparators on electricity and power cuts and on labour legislation.

Another key factor, education, remains low in the region with well over 25 percent of the labour force in all countries, except Sri Lanka, being virtually illiterate.South Asia also has some of the highest rates of malnutrition in the world with rates higher even than in Sub-Saharan Africa. There is also a high level of anaemia and iodine deficiency. Poor nutrition results in lower productivity of the labour force.

"Despite significant progress in recent years, the contrast between increasing demand for higher levels of education and the educational attainment of the labour force could not be starker. Education reform is key," said Reema Nayar, co-author of the report."The biggest payoff in quality may well come from addressing poor nutrition and other factors in early childhood before children enter formal schooling." she added.

(IANS)

 
 
 
 
Print
Share
  
increase Font size decrease Font size
 

Disclaimer: South Asia Monitor does not accept responsibility for the views or ideology expressed in any article, signed or unsigned, which appears on its site. What it does accept is responsibility for giving it a chance to appear and enter the public discourse.
Comments (Total Comments 0) Post Comments Post Comment
Review
 
 
 
 
spotlight image Indonesia’s President Joko Widodo has confirmed his presence for the occasion. In an exclusive interview with INDIA REVIEW & ANALYSIS, Indonesia’s Ambassador to India, Sidharto R.Suryodipuro, reminded Nilova Roy Chaudhury that the first Chief Guest for India’s Republic Day celebrations, in 1950, w
 
read-more
The words of Ho Chi Minh  “Nothing is more precious than independence and liberty” rang true for the people of the erstwhile East Pakistan when, with increasing brutality, the West Pakistani oppression spread across the land, writes Anwar A Khan from Dhaka
 
read-more
In a significant boost to New Delhi's Act East Policy, India and Japan set up the Act East Forum on Tuesday as agreed during Japanese Prime Minister Shinzo Abe's visit to India this year for the annual bilateral meeting that would help to focus and catalyse development in India's Northeast.
 
read-more
  United States Secretary of State Rex Tillerson reiterated on Friday Washington's warning that “all options are on the table” to meet North Korea's nuclear threat while offering to keep the lines of communication with Pyongyang open.
 
read-more
What is commonly referred to as the “border dispute” between India and China manifests itself in two distinct and separate areas of contention. One is Aksai Chin, a virtually uninhabited high-altitude desert expanse of about 37,000 square kilometres. The other is what is now the Indian state of Arunachal Pradesh,
 
read-more
The first thing that one sees when a flight approaches New Delhi is thick smog that envelopes the city and its lack of greenery.  In almost all other major cities of India lack of greenery is the most obvious sight that one sees when approaching it by air.
 
read-more

Pakistan has agreed to allow the rupee to depreciate after holding talks with the International Mone­tary Fund (IMF) on the country's economy.

 
read-more

Two major global changes in the past year; the ‘Brexit’ referendum and the advent of Donald Trump, writes Sandeep Kaur Bhatia

 
read-more

It is also imperative for India to explore other regions for markets. Its trade deficit with Latin America has been narrowing. Also, its trade with Mexico, Colombia and Guatemala has increased, ...

 
read-more
Column-image

Over the last 25 years, India's explosive economic growth has vaulted it into the ranks of the world's emerging major powers. Long plagued by endemic poverty, until the 1990s the Indian economy was also hamstrung by a burdensome regulat...

 
Column-image

Title: A Ticket to Syria; Author: Shirish Thorat; Publisher: Bloomsbury India: Pages: 254; Price: Rs 399

 
Column-image

Gorichen, a majestic peak in the Eastern Himalayas at an altitude of 22,500 feet, is the highest in Arunachal Pradesh. Beautiful to look at and providing a fantastic view from the top, it is extremely tough climb for mountaineers.

 
Column-image

It is often conjectured if the reason for long-standing conflicts and insurgencies, in the developing world, especially South Asia, is not only other powers fishing in troubled waters but also the keenness of arms industries, mostly Western, to...

 
Column-image

Title: The People Next Door -The Curious History of India-Pakistan Relations; Author: T.C.A. Raghavan; Publisher: HarperCollins ; Pages: 361; Price: Rs 699