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

10

Aug
Print Media

Untapped promise of IT sector

By Usman Hanif Published in The Express Tribune on August 09, 2022 KARACHI: Despite garnering global recognition in the field of Information Technology (IT), Pakistani talent lacks efficient access to the international market as there are very few technological and professional organisations or platforms active locally to connect foreign companies with local resources. Most engineers and IT […]

10

Aug
Print Media

Unsustainable trajectory

By Umair Javed Published in DAWN on August 08, 2022 LAST week, the monthly inflation figure for July came in at over 20 per cent. This stat provides numerical proof of something that middle- and low-income households have experienced nearly non-stop for the last four years. Wage data through a more recent round of the Labour Force[…]