South Asia has suffered an unprecedented combination of shocks over the past three years, and moving from recovery to growth requires ensuring economic development is inclusive, according to the World Bank’s latest regional economic update. Over the past two decades, sustained economic growth in South Asia has lifted some 250 million people out of extreme poverty and improved living standards, the report said. The report is the subject of a two-day conference on ‘Expanding Opportunities: Toward Inclusive Growth’ that opened on Tuesday, organized by BRAC Institute of Governance and Development (BIGD) and the World Bank.
South Asia has suffered an unprecedented combination of shocks over the past three years, and moving from recovery to growth requires ensuring economic development is inclusive, according to the World Bank’s latest regional economic update. Over the past two decades, sustained economic growth in South Asia has lifted some 250 million people out of extreme poverty and improved living standards, the report said. The report is the subject of a two-day conference on ‘Expanding Opportunities: Toward Inclusive Growth’ that opened on Tuesday, organized by BRAC Institute of Governance and Development (BIGD) and the World Bank.