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001 | 19979 | ||
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008 | 020129s2013 dcu o i001 0 eng | ||
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_z9780821399798 _c0.00 USD |
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035 | _a(The World Bank)19979 | ||
040 |
_aDJBF _beng _cDJBF _erda |
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245 | 0 | 0 |
_aSouth Asia Economic Focus, Spring 2013 : _bRegaining Momentum |
264 | 1 |
_aWashington, D.C., _bThe World Bank, _c2013. |
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300 | _a1 online resource (58 pages) | ||
336 |
_atext _btxt _2rdacontent |
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337 |
_acomputer _bc _2rdamedia |
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_aonline resource _bcr _2rdacarrier |
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_adata file _2rda |
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490 | 1 | _aSouth Asia Economic Focus | |
520 | 3 | _aSouth Asia is regaining its economic momentum, but the recovery in the world's region with the largest number of poor people could falter in the absence of a stronger investment climate. The combined growth of Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka was just 4.7% in 2012, substantially below pre-crisis levels. Much of the recent slowdown in economic growth can be attributed to stagnating investment. Total fixed investment grew by 2.6% in 2012, down from a high of 16.7% in 2010. The performance varies widely across the region. At the same time, the region is now more vulnerable because current account balances have widened, foreign direct investment has slowed, and persistently high inflation has limited the ability for central banks to use monetary policy to counter any economic downturn. Because of rising imports, countries in South Asia are also more vulnerable to increases in commodity prices. Therefore, the outlook remains cautiously optimistic with a relatively large downside risk. A pick-up of growth to 5.5% can be expected in 2013 dependent on ongoing efforts to rebuild policy buffers and boost private investment. | |
588 | _aDescription based on print version record. | ||
650 | 4 |
_aEconomic Growth _922718 |
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650 | 4 |
_aEconomic Indicators _922719 |
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650 | 4 |
_aEconomic Policy _922720 |
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650 | 4 |
_aEconomic Risks _922721 |
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650 | 4 |
_aForeign Direct Investment _922722 |
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650 | 4 |
_aInternational Economics and Trade _922723 |
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650 | 4 |
_aInvestment _922724 |
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650 | 4 |
_aMacroeconomic Developments and Outlook _922725 |
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650 | 4 |
_aMacroeconomics and Economic Growth _922726 |
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650 | 4 |
_aWorld Bank _922727 |
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776 | 0 | 8 |
_aPrint Version: _z9780821399798 |
830 | 0 |
_aSouth Asia Economic Focus _922728 |
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830 | 0 |
_aWorld Bank e-Library. _922729 |
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856 | 4 | 0 | _uhttp://elibrary.worldbank.org/doi/book/10.1596/978-0-8213-9979-8 |
999 |
_c4775 _d4775 |