Millennium & Financial Development Goals: Economic Indicators Perspective of South Asian Countries

2016 ◽  
Vol 2 (4) ◽  
Keyword(s):  
Financial Development ◽  
South Asian ◽  
Economic Indicators ◽  
Asian Countries ◽  
Development Goals

Health Inequalities in South Asia at the Launch of Sustainable Development Goals: Exclusions in Health in Kerala, India Need Political Interventions

2017 ◽  
Vol 48 (1) ◽  
pp. 57-80 ◽  
Author(s):  
CU Thresia
Keyword(s):  
Sustainable Development ◽  
South Asia ◽  
Health Inequalities ◽  
South Asian ◽  
Gender Discrimination ◽  
Sustainable Development Goals ◽  
Health Indicators ◽  
Asian Countries ◽  
The South ◽  
Development Goals

Despite substantial progress in social development during the post-colonial period, health inequalities in the South Asian countries were staggering, with reduced life expectancy, higher maternal and child mortality, and gender discrimination. Notably, even with the rapid economic growth during the neoliberal period, India fares below most of the South Asian countries in several health indicators. The Indian state of Kerala stands out with social sector gains; nevertheless, evidence indicates widening health inequalities, restricted public arenas, and undemocratic practices in health, particularly in the context of increasing market logic in the health and social arenas shaping health. The caste, class, gender, and ethnic ideologies and patriarchal power structure interwoven in the sociopolitical, cultural, moral, and health discourses similar to the South Asian context raise serious inequalities for health. At the launch of the United Nations' Sustainable Development Goals, the populations with lingering privations and forbidden freedoms for gaining better health in Kerala, similar to South Asia, were largely the dalits, ethnic and religious minorities, and women. This necessitates greater political interventions, recognizing the interacting effects of history, culture, social factors, politics, and policies on health. And public health research needs to underscore this approach.

scholarly journals Technology and Economic Growth: Role of Financial Development in South Asian Countries

2019 ◽  
Vol 5 (2) ◽  
pp. 323-332 ◽  
Author(s):  
Imran Sharif Chaudhry ◽  
Samina Sabir ◽  
Fatima Gulzar
Keyword(s):  
Economic Growth ◽  
Financial Development ◽  
South Asian ◽  
Method Of Moment ◽  
Asian Countries ◽  
Development Technology ◽  
Generalized Method Of Moment ◽  
Sustainable Economic Growth ◽  
The Impact

Financial development plays an instrumental role in the process of economic growth and development through mobilization of savings and creating investment opportunities. Financial development also leads to enhance the level of technology by providing finance to entrepreneurs for technological innovations which leads to economic growth. This study examines the impact of financial development and technology on economic growth of selected South Asian countries over the time span 1984-2017. Due to endogeneity problem, the empirical model used in the study is estimated by System Generalized Method of Moment (System GMM). Empirical results indicated that financial development, technology and human capital have positive and significant impact on economic growth in developing South Asian countries. To attain a sustainable economic growth, South Asian countries should put their efforts to develop their financial market that stimulates economic growth by providing finance to entrepreneurs for innovations.

How Financial Development Affects Economic Growth: Evidence from some SAARC Countries

2020 ◽  
pp. 52-66
Author(s):  
Abu K. ◽  
Monzurul I.U.
Keyword(s):  
Economic Growth ◽  
Financial Development ◽  
South Asian ◽  
Banking Sector ◽  
Panel Data Analysis ◽  
Empirical Studies ◽  
Empirical Work ◽  
Unit Root Test ◽  
Annual Data ◽  
Asian Countries

According to Joseph Schumpeter (1911), services provided by financial intermediaries are essential for technical innovation and economic growth. Later, empirical work by Goldsmith (1969) and McKinnon (1973) supported that there were close ties between financial and economic development for a few countries. But numerous other economists, including Robinson (1952) believed that finance was not so important for economic growth; financial development simply follows economic growth. Despite this debate, Levine (1993), among others suggests a positive relationship between financial sector development and economic growth. Moreover, there remains further debate whether the country's financial structure exerts differential impact on economic growth. Empirical studies across the countries (Rajan and Zingales, 1999) suggest that banking sector plays a key role in some countries. In this paper, I intend to investigate whether higher levels of financial development are positively correlated with economic growth using empirical evidence from five South Asian countries namely Bangladesh, India, Nepal, Pakistan and Sri Lanka. I have used Panel data analysis, Linear regression model, Levin-Lin-Chu unit root test, Covariance, Correlation and VIF test based on aggregate annual data from 1993 to 2016. My analysis suggests that development in banking sector has a moderately strong tie to promoting economic growth. The result implies that the policy should focus on banking sector development by enhancing its quality of credit products and offers to private sector as it is the main stimulator for growth in these five South Asian countries.

scholarly journals The Moderating Effect of Institutional Quality on the Financial Development and Environmental Quality Nexus

2020 ◽  
Vol 12 (9) ◽  
pp. 3805
Author(s):  
Ahmed Imran Hunjra ◽  
Tahar Tayachi ◽  
Muhammad Irfan Chani ◽  
Peter Verhoeven ◽  
Asad Mehmood
Keyword(s):  
South Asia ◽  
Financial Development ◽  
South Asian ◽  
Environmental Quality ◽  
Environmental Sustainability ◽  
Negative Impact ◽  
Institutional Quality ◽  
Asian Countries ◽  
Moderating Role

Environmental sustainability is a major concern of contemporary societies, businesses, and governments. However, there is a lack of knowledge as to how countries can achieve the goal to end poverty, whilst protecting the planet. It is the objective of our study to examine the moderating role of institutional quality on the financial development and environmental quality nexus in South Asia. Our sample consists of panel data of five South Asian countries (India, Bangladesh, Nepal, Sri Lanka and Pakistan) from 1984 to 2018. We find that financial development increases CO2 emissions in this region, implying that countries in South Asia have utilized financial development for capitalization, instead of improving production technology. Institutional quality moderates the negative impact of financial development on environmental sustainability. An implication of our findings is that efforts to improve institutional quality may help to promote sustainable development in South Asia.

scholarly journals Investigating the Influence of Financial Development Indicators on Economic Growth: Evidence from South Asia

2018 ◽  
Vol 7 (3) ◽  
pp. 9
Author(s):  
Muhammad Tahir ◽  
Khizar Hayat ◽  
Nisar Ahmad
Keyword(s):  
Economic Growth ◽  
South Asia ◽  
Financial Development ◽  
South Asian ◽  
Trade Openness ◽  
Unit Root Test ◽  
Final Conclusion ◽  
Asian Countries ◽  
Development Indicators ◽  
Independent Variables

The study empirically investigates the influence of Financial Development on Economic Growth in South Asia by using six indicators of Financial Development i-e: Gross Fixed Capital Formation (GFCP), Broad Money (M2), Domestic Credit to Private Sector (DCPS), Market Capitalization (MC), Trade Openness (TO) and Foreign Direct Investment (FDI). While Economic Growth is measured by Real Gross Domestic Product per Capita (GDP). For this purpose, the study used panel data from “World Development Indicators” for the period of 1980-2015 of six major South Asian countries i.e. Pakistan, India, Bangladesh, Bhutan, Sri Lanka and Nepal. These countries have common feature of being under-developed. The study shows its uniqueness by considering six under-developed South Asian countries and applying three result estimation techniques i-e: Pooled Group Mean (PMG), The Mean Group (MG) and The Dynamic Fixed Effect (DFE). Different results were produced through these three techniques. Final conclusion was drawn on the basis of Hausman test; that is PMG model estimation technique. Unit root test was also applied to check stationarity. The long run results of PMG model show significance of all independent variables, while short run results state insignificance of all independent variables except FDI. The results are consistent with the literature. Along with other recommendations, the study, especially, focuses that the trade barriers should be removed among South Asian countries as trade openness has positive influence on economic growth.  It will result in expanding the magnitude of growth.

scholarly journals Nutritional Policies and Anaemia Among Under-five Children in Selected South Asian Countries: 1950-2016

2021 ◽  
Author(s):  
Hanumant Waghmare ◽  
Nasim Ahamed Mondal
Keyword(s):  
Nutritional Status ◽  
South Asian ◽  
Data Repository ◽  
Asian Countries ◽  
Future Evolution ◽  
Nutrition Policies ◽  
Observatory Data ◽  
Development Goals ◽  
Asian Context ◽  
Policies And Programs

Abstract This study provides an understanding between the nutrition policies and nutritional status of under-5 children in South Asian countries. It gives an overview of nutrition policies and actions taken to improve the nutritional status of under-5 children in the South Asian context, focusing on Bangladesh, India, Nepal and Pakistan. The efforts were taken to understand the legislative actions and children's nutritional status in these countries and their past efforts to deal with anemia. To execute the efforts, data has been taken from the Global Health Observatory Data Repository (GHODR), Demographic Health Survey (DHS) and reviews some of the critical interventions in nutrition within the different countries and draws out several issues that bear on these policies' future evolution. The findings show Around 57.3 percent in India, 40 percent in Bangladesh, 43 percent in Nepal and 59 percent in Pakistan under-5 children were found anaemic in 2016. There are 33 percentage, 31 percent, 20 percent and 12 percent points reduction took place in 26 years between 1990 and 2016 in Bangladesh Nepal, India and Pakistan respectively. The low anemia prevalence was observed in Bangladesh and Nepal despite fewer policies and programs than in India and Pakistan which manifests quality of policy is more important rather than quantity of policy. The findings show that the growth of nutrition policies and the program has a slow pace but positively affects anemia among the under-5 children in South Asian countries. To eradicate anemia among the children and to achieve Sustainable Development Goals (SDGs), India and Pakistan need to take a policy lesson from the neighboring countries. This study suggests that National Nutrition Program requires inter-sectoral coordination between major Ministries within countries to get required level success within limited time.

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