Exports to Jobs : Boosting the Gains from Trade in South Asia
South Asia’s economy has grown rapidly, and the region has made a significant reduction in poverty. However, the available jobs for the growing working population remain limited. Policy makers are contending with lingering concerns about jobless growth and poor job quality. Exports to Jobs: Boosting...
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2019
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okr-10986-312742021-04-23T14:05:01Z Exports to Jobs : Boosting the Gains from Trade in South Asia Artuc, Erhan Lopez-Acevedo, Gladys Robertson, Raymond Samaan, Daniel EXPORTS POVERTY ECONOMIC TRANSFORMATION JOBLESS GROWTH SOUTH ASIA PARADOX GENDER LABOR MARKET EXPORT COMPETITIVENESS GLOBAL VALUE CHAINS INFORMALITY MOBILITY WAGES POVERTY REDUCTION JOB CREATION DISADVANTAGED GROUPS TRADE ADJUSTMENT ASSISTANCE SHOCKS SHARED PROSPERITY South Asia’s economy has grown rapidly, and the region has made a significant reduction in poverty. However, the available jobs for the growing working population remain limited. Policy makers are contending with lingering concerns about jobless growth and poor job quality. Exports to Jobs: Boosting the Gains from Trade in South Asia posits that exports, could bring higher wages and better jobs to South Asia. We use a new methodology to estimate the potential impact from higher South Asian exports per worker on wages and employment. We find that increasing exports per worker would result in higher wages, mostly for the better-off groups—like the better-educated workers, men, and the more-experienced workers—although the less-skilled and rural workers would benefit from new job opportunities outside of the informal sector. Our report shows that to spread the benefits from higher exports widely, policies are needed to raise skills and get certain groups, such as women and youth, into more and better jobs. Complementary measures include removing trade barriers and investing in infrastructure, and increasing the ability of workers to find higher-paying jobs. Together, these actions would help South Asian countries spread the gains from being closely integrated into the global economy through exporting. This book, which is the product of a partnership between the International Labour Organization and the World Bank, contributes to our understanding of the impact that growing exports can have on increasing well-being, and it bridges the gap between academic research and policy making. 2019-02-14T17:36:18Z 2019-02-14T17:36:18Z 2019-02-24 Book 978-1-4648-1248-4 http://hdl.handle.net/10986/31274 English South Asia Development Forum; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank and International Labour Organization Washington, DC: World Bank Publications & Research Publications & Research :: Publication South Asia Bangladesh India Sri Lanka |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English |
topic |
EXPORTS POVERTY ECONOMIC TRANSFORMATION JOBLESS GROWTH SOUTH ASIA PARADOX GENDER LABOR MARKET EXPORT COMPETITIVENESS GLOBAL VALUE CHAINS INFORMALITY MOBILITY WAGES POVERTY REDUCTION JOB CREATION DISADVANTAGED GROUPS TRADE ADJUSTMENT ASSISTANCE SHOCKS SHARED PROSPERITY |
spellingShingle |
EXPORTS POVERTY ECONOMIC TRANSFORMATION JOBLESS GROWTH SOUTH ASIA PARADOX GENDER LABOR MARKET EXPORT COMPETITIVENESS GLOBAL VALUE CHAINS INFORMALITY MOBILITY WAGES POVERTY REDUCTION JOB CREATION DISADVANTAGED GROUPS TRADE ADJUSTMENT ASSISTANCE SHOCKS SHARED PROSPERITY Artuc, Erhan Lopez-Acevedo, Gladys Robertson, Raymond Samaan, Daniel Exports to Jobs : Boosting the Gains from Trade in South Asia |
geographic_facet |
South Asia Bangladesh India Sri Lanka |
relation |
South Asia Development Forum; |
description |
South Asia’s economy has grown rapidly, and the region has made a significant reduction in poverty. However, the available jobs for the growing working population remain limited. Policy makers are contending with lingering concerns about jobless growth and poor job quality. Exports to Jobs: Boosting the Gains from Trade in South Asia posits that exports, could bring higher wages and better jobs to South Asia. We use a new methodology to estimate the potential impact from higher South Asian exports per worker on wages and employment. We find that increasing exports per worker would result in higher wages, mostly for the better-off groups—like the better-educated workers, men, and the more-experienced workers—although the less-skilled and rural workers would benefit from new job opportunities outside of the informal sector. Our report shows that to spread the benefits from higher exports widely, policies are needed to raise skills and get certain groups, such as women and youth, into more and better jobs. Complementary measures include removing trade barriers and investing in infrastructure, and increasing the ability of workers to find higher-paying jobs. Together, these actions would help South Asian countries spread the gains from being closely integrated into the global economy through exporting. This book, which is the product of a partnership between the International Labour Organization and the World Bank, contributes to our understanding of the impact that growing exports can have on increasing well-being, and it bridges the gap between academic research and policy making. |
format |
Book |
author |
Artuc, Erhan Lopez-Acevedo, Gladys Robertson, Raymond Samaan, Daniel |
author_facet |
Artuc, Erhan Lopez-Acevedo, Gladys Robertson, Raymond Samaan, Daniel |
author_sort |
Artuc, Erhan |
title |
Exports to Jobs : Boosting the Gains from Trade in South Asia |
title_short |
Exports to Jobs : Boosting the Gains from Trade in South Asia |
title_full |
Exports to Jobs : Boosting the Gains from Trade in South Asia |
title_fullStr |
Exports to Jobs : Boosting the Gains from Trade in South Asia |
title_full_unstemmed |
Exports to Jobs : Boosting the Gains from Trade in South Asia |
title_sort |
exports to jobs : boosting the gains from trade in south asia |
publisher |
Washington, DC: World Bank |
publishDate |
2019 |
url |
http://hdl.handle.net/10986/31274 |
_version_ |
1764473948837249024 |