South Asia will be the world's factory

Rising production costs in China. Japan, Korea and Southeast Asian countries, such as the number of older people is increasing. If any region in the future to address the world's factory or industry? Which regions will develop labor-intensive industries?

According to a new report by the World Bank, South Asia, the question in this case. Operational in 030 of the world's population will live in 1 percent to 4 percent in South Asia. Increasing the literacy rate in the region. Every month, 10 million new faces entering the job market. The fast urbanization.Suitable material to prevent South Asia despite all this there? World Bank report said countries in the region have buried themselves thorny path of possibilities. South Asia's competitiveness in attracting investment in less than competitors in other regions. The bottom position of the region in a variety of global indicators. This is not good as the quality of products in the region, the number of product and market a few. Trade between the countries is limited communication.

Utilize the potential productivity of the region's countries have been asked to increase the emphasis on the World Bank report. Improve the environment for businesses to be associated with the global supply chain, as well as the opportunity to increase the efficiency of management and workers has urged the World Bank.


The organization's new report titled 'South Asia's turn: The Next Creator palisija to Boost Competitiveness and export powerhouse. The nearly 00-page research report, the global index, the ability to compete in South Asia through its own analysis, productivity has highlighted the situation and what to do.
In a speech in the context of the report on the World Bank Vice President for South Asia Annette Dixon said the company, revenue growth and improving global partnerships in South Asia are more likely to reach the market. But such policies will take in this case, which will increase productivity and investment.