Economic and Social Commission of Asia and the Pacific (ESCAP) under United Nations today published The annual Economic and Social Survey of Asia and Pacific 2006 globally. This is an important document for anyone who wants to do business or carry out research on
After going through the document I could find following findings of the survey about South Asian countries to be notable:
India and Pakistan achieved significant economic growth
Remittance earning from workers abroad is becoming a very important part of GDP for Bangladesh and Sri Lanka.
Growing oil price is a major challenge for the South Asian countries.
Pakistan and India had high economic growth in 2005. The deadly earthquake could not stop Pakistan's growth.
India has achieved notable success in poverty reduction.
Inflation rate increased significantly in 2005 in Pakistan and Sri Lanka.
Bhutan's economy showed a strong growth while Nepalese economy suffered.
Maldives is yet to recover fully from the destruction caused by Tsunami.
Indian ICT sector may rock the world now but in terms of employment its contribution is limited.
Go ahead and read the full document. If you can find other interesting observations let me know.
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