{"id":229650,"date":"2023-03-03T19:41:21","date_gmt":"2023-03-03T14:11:21","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=229650"},"modified":"2023-03-03T19:41:21","modified_gmt":"2023-03-03T14:11:21","slug":"south-asias-human-capital-is-the-resilience-it-needs","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/south-asias-human-capital-is-the-resilience-it-needs\/","title":{"rendered":"South Asia\u2019s human capital is the resilience it needs"},"content":{"rendered":"\n<p><strong>Source<\/strong>&#8211; The post is based on the article <strong>\u201cSouth Asia\u2019s human capital is the resilience it needs\u201d <\/strong>published in <strong>The Hindu <\/strong>on <strong>3rd March 2023<\/strong>.<\/p>\n<p><strong>Syllabus: <\/strong>GS2- Regional groupings<\/p>\n<p><strong>Relevance:<\/strong> Development issues related to South Asia<\/p>\n<p><strong>News- <\/strong>Pandemics, economic slumps and extreme weather events have undermined the developmental gains in South Asia since 2020.<\/p>\n<h2><strong>What is the human capital advantage of South Asia? <\/strong><\/h2>\n<p>South Asia\u2019s people are its biggest asset. The region enjoys a <strong>high demographic dividend.<\/strong><\/p>\n<p>It has <strong>nearly half its population under the age of 24<\/strong> and over one million young people set to enter the labour force every month until 2030.<\/p>\n<h2><strong>What are the human capital related challenges faced by South Asia?<\/strong><\/h2>\n<p>South Asia is also home to <strong>over one third of the world&#8217;s stunted children<\/strong>. A child born in the region today is expected to attain only 48% of their full productive potential by the age of 18.<\/p>\n<p>South Asian governments on average spend <strong>just 1% of GDP on health and 2.5% on education. <\/strong>In comparison, the global average is 5.9% on health and 3.7% on education.<\/p>\n<p>COVID\u00ad19 pandemic further pushed an <strong>additional 35 million people across South Asia<\/strong> into extreme poverty. It has dealt an <strong>unprecedented blow to the region\u2019s human capital. <\/strong><\/p>\n<p>Pandemic has led to rise in<strong> learning povert<\/strong>y. Around the world, on average, schools remained closed for between 2020 and 2022 <strong>for 141 days<\/strong>. But, in South Asia they were s<strong>hut for 225 days. <\/strong><\/p>\n<p>It increased South Asia\u2019s learning poverty from 60% to 78%. The <strong>poorest and most vulnerable <\/strong>people fell further behind. For example, in Bangladesh, the poorest students lost 50% more in terms of learning than the richest students.<\/p>\n<h2><strong>What is the way forward to improve human capital in South Asia?<\/strong><\/h2>\n<p>There is a need for<strong> well designed and implemented interventions<\/strong>. They can make a difference if governments act fast. Recent evidence suggests that <strong>even simple and low\u00ad cost education programmes <\/strong>can lead to sizable gains in skills.<\/p>\n<p>In Bangladesh, for example, attending <strong>a year of additional preschool <\/strong>through two\u00ad hour sessions significantly improved literacy, numeracy, and social\u00ad development scores.<\/p>\n<p>A <strong>new World Bank study<\/strong> notes that health, education, and skills people acquired at various stages of life, build and depend on each other. Human development interventions must r<strong>ecognise and exploit these overlapping connection<\/strong>s. They should be <strong>agile, resilient and adaptive.<\/strong><\/p>\n<p>A <strong>well functioning human development system<\/strong> must take faster actions during a crisis. It ensures that essential services such as health care and learning<strong> remain uninterrupted,<\/strong> and <strong>have the flexibility<\/strong> to evolve as needs change.<\/p>\n<p><strong>Data and technology<\/strong> play a crucial role in the delivery of services. Human development systems should ensure they are effectively used.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source&#8211; The post is based on the article \u201cSouth Asia\u2019s human capital is the resilience it needs\u201d published in The Hindu on 3rd March 2023. Syllabus: GS2- Regional groupings Relevance: Development issues related to South Asia News- Pandemics, economic slumps and extreme weather events have undermined the developmental gains in South Asia since 2020. What&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/south-asias-human-capital-is-the-resilience-it-needs\/\">Continue reading <span class=\"screen-reader-text\">South Asia\u2019s human capital is the resilience it needs<\/span><\/a><\/p>\n","protected":false},"author":10320,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1230,9],"tags":[212,10498],"class_list":["post-229650","post","type-post","status-publish","format-standard","hentry","category-9-pm-daily-articles","category-public","tag-gs-paper-2","tag-the-hindu","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/229650","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10320"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=229650"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/229650\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=229650"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=229650"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=229650"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}