South Asia Investor Review

About 60% of India's workforce is in agriculture. Textile industry is the second biggest employer, accounting for a fifth of India’s exports, and employs almost 10 percent of India’s workforce, or some 35 million people, and has the potential to add another 12 million new jobs --dwarfing the 1-2 million jobs created by the much-heralded IT and BPO sector, according to a World Bank report . The largest number of people in other South Asian nations are also employed in the agriculture sector, followed by textile manufacturing as the second largest employer. About 60% of India's workforce is engaged in agriculture, contributing about 16% of GDP, according to published data . Textile manufacturing claims the second largest employment and comprises 26% of manufacturing output. It accounts for a fifth of India’s exports, and employs almost 10 percent of India’s workforce, or some 35 million people, and has the potential to add another 12 million new jobs --dwarfing the 1-2 mill

Poverty, hunger , unsanitary or unsafe conditions and inadequate health care in South Asia's developing nations are exposing their citizens to high risk of a variety of diseases which may impact their intelligence. Every year, World Health Organization reports what it calls " Environmental Burden of Disease " in each country of the world in terms of disability adjusted life years (DALYs) per 1000 people and total number of deaths from diseases ranging from diarrhea and other infectious diseases to heart disease, road traffic injuries and different forms of cancer. In the range of DALYs/1000 capita from 13 (lowest) to 289 (highest), WHO's latest data indicates that India is at 65 while Pakistan is slightly better at 58. In terms of total number of deaths per year from disease, India stands at 2.7 million deaths while Pakistani death toll is 318, 400 people. Among other South Asian nations, Afghanistan's DALYs/1000 is 255, Bangladesh 64 and Sri Lanka 61. By contra

The International Food Policy Research Institute (IFPRI) reported last week that hunger in India has grown over the last three years. IFPRI said India's hunger index score has worsened over the last three years from 23.7 to 23.9 to 24.1 and its ranking moved from 66 to 65 to 67 on a list of 84 nations....while Pakistan's hunger index score has improved over the same period reported since 2008 from 21.7 (2008) to 21.0 ( 2009 ) to 19.1 ( 2010 ) and its ranking has risen from 61 to 58 to 52. Here's an Indian blogger Abhinav who blogged last February about "Indian Growth Story Nobody Wants To Talk About": Today’s news on the death of fifty people from hunger at Balangir in Orissa is a grim reminder of the little growth story that India has had. It clearly indicates many negative facets of our system, bureaucracy and the public at large. As per the World Food Program, almost half of the world’s population who are deprived of food live in India. Another website of a

US War in Afghanistan entered its tenth year this week, making it the longest war in US history. What began as a US-Saudi-Pakistani sponsored anti-Soviet jihad in Afghanistan in the 1980s, and led to the terrorist attacks on Sept 11, 2001, is now threatening to engulf Africa, Central Asia, Middle East and South Asia in its growing flames. And its effects are continuing to be strongly felt in America and Europe. The victorious veterans of the 1980s Afghan resistance have successfully indoctrinated and trained several generations of battle-hardened global jihadis to take on the United States and various pro-Western governments in Islamic nations in all parts of the world. This trend is accelerating as the US steps up its attacks in Afghanistan and Pakistan, according a recent report in Newsweek magazine. Here is an excerpt from its report: "The Central Asians retreated to Afghanistan and Pakistan in the late 1990s after failing to topple their home governments. Now they seem re

Poverty and hunger often go together. The affordability of food is usually a bigger issue than its availability in most poor nations, according to research published by Indian-born economist and Nobel Laureate Dr. Amartya Sen . With few exceptions, rising incomes and reductions in poverty rates are known to lead to lower hunger levels. Pakistan experienced significant declines in poverty and hunger from the year 2000 until 2008, according to figures published by the World Bank and the International Food Policy Research Institute in their separate reports published recently. Per Capita PPP GDP As per capita income rose over 50% to nearly $2500 in purchasing power, poverty in Pakistan decreased from about 34.5% to 17.2% and hunger went down with it during Musharraf years from 2000 to 2008, as reported by World Bank and IFPRI as lagging indicators. The global hunger index score, published annually by the International Food Policy Research Institute (IFPRI), is a number between zero a

Is there a correlation between a nation's economic performance and its success at international sports competitions? Has India's economic resurgence contributed to its achieving remarkable second place status on the medals table at the Commonwealth Games 2010 that just concluded in New Delhi? Economics professor Daniel Johnson and his student Ms. Ayfer Ali have developed a model to predict a country's Olympic performance using per-capita income (the economic output per person), the nation's population, its political structure, its climate and the host nation advantage. The Johnson-Ali model was described in a paper, “A Tale of Two Seasons: Participation and Medal Counts at the Summer and Winter Olympics,” that was written in 1999 with Ayfer Ali, while Johnson was on sabbatical at Harvard University and Ali was a student. It was published in Social Science Quarterly in December 2004."It's just pure economics," Johnson insists. "I know nothing about the