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South Asia Economic Focus, Spring 2016

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Abstract

South Asia by now has consolidated its position as fastest growing developing region in the world. Against the backdrop of relative external stability and some monetary policy space, growth is expected to continue a gradual acceleration on the back of strong investment performance and a return to solid contributions from export growth. India remains the motor of the region and on its way closer to 8 percent real GDP growth, though on a relatively more gradual path than previously anticipated. At the same time, economies across the region will have to tackle fading tailwinds and face ever more binding domestic constraints in the form of persistently high fiscal deficits together with high debt levels as well as some vulnerabilities in the financial sector. The focus section of this report will delve deeper into evaluating the quality of fiscal consolidation and policy, trying to assess short and longer term impact across major South Asian economies.

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  • World Bank, "undated". "South Asia Economic Focus, Spring 2016," World Bank Publications - Reports 24016, The World Bank Group.
  • Handle: RePEc:wbk:wboper:24016
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    Cited by:

    1. Shruti Shastri & A. K. Giri & Geetilaxmi Mohapatra, 2018. "Testing the Sustainability of Current Accounts for Major South Asian Economies," South Asia Economic Journal, Institute of Policy Studies of Sri Lanka, vol. 19(1), pages 1-21, March.
    2. Kose,Ayhan & Ohnsorge,Franziska Lieselotte & Ye,Lei Sandy & Islamaj,Ergys, 2017. "Weakness in investment growth : causes, implications and policy responses," Policy Research Working Paper Series 7990, The World Bank.
    3. Seema Sheoran & Sandeep Kumar & Vinita Ramtekey & Priyajoy Kar & Ram Swaroop Meena & Chetan Kumar Jangir, 2022. "Current Status and Potential of Biofortification to Enhance Crop Nutritional Quality: An Overview," Sustainability, MDPI, vol. 14(6), pages 1-27, March.
    4. Nidhi Wali & Kingsley E. Agho & Andre M. N. Renzaho, 2021. "Wasting and Associated Factors among Children under 5 Years in Five South Asian Countries (2014–2018): Analysis of Demographic Health Surveys," IJERPH, MDPI, vol. 18(9), pages 1-17, April.

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