This paper examines tax revenue shortfalls in South Asian countries. On average during 2019–23, South Asian revenues totaled 18 percent of GDP—well below the average 24 percent among emerging market and...
Analyses of GDP per capita differences across countries focus almost exclusively on differences in productivity. This paper shows that there are also large differences in medium-run dynamics in the employment-to-population...
This paper provides an empirical estimation of the distributional impact of inflation on households in South Asia. Two main channels are explored—the consumption basket channel and the income channel—for...
Global energy prices have fallen from their peaks, which has eased domestic inflationary pressures and improved terms of trade for most South Asian countries. But domestic prices remain high, especially...
As South Asia trudges ahead on the road to recovery, the region faces extremely difficult eco nomic challenges. Internally, economies are weighed down by scars from the COVID pan demic, as supply bottlenecks...
South Asia’s growth rate has returned to pre-pandemic levels. However, the uneven recovery from the pandemic has left countries in South Asia with multiple policy challenges, which are exacerbated by the...