Reshaping Norms: A New Way Forward

Executive Summary

The uneven recovery from the pandemic has left countries in South Asia with multiple policy challenges, which are exacerbated by the impact of the war in Ukraine. While several countries are navigating rising inflation and growing difficulties to finance fiscaldeficits and trade deficits, the region must also chart a new way forward to address rising inequality, unleash new growth potential, and accommodate an energy transition. To reshape their economies, the region cannot avoid redesigning tax systems, increasing competition, and challenging vested interests and existing gender norms. This issue of the South Asia Economic Focus describes recent economic developments, analyzes the economic impact on South Asia of the war in Ukraine, presents growth forecasts, provides risk scenarios, and concludes that reshaping economies goes hand in hand with reshaping norms

Read the full report here

Your Comment:

Related Posts

23

Sep
Print Media

Pakistan’s economy on edge of precipice, warns World Bank

By Khaleeq Kiani Published in Dawn on September 23, 2023 ISLAMABAD: Pakistan is in its tipping point crisis where it should decide to remain a laggard with 40 per cent population living below the poverty line under elite capture and policy decisions driven by strong vested interests of military, political and business leaders or change course to […]

22

Sep
CIMRAD, Print Media

‘Exodus’ from Pakistan

By Nasra M. Shah Published in Business Recorder on September 22, 2023 Recent times have witnessed much hype around the whole phenomenon of mass emigration -or as some like to term it the ‘brain drain’ – from Pakistan as we are told that more and more of our skilled professionals are leaving the country while others are[…]