World Bank and South Asia

Southasia - - Editor's mail -

SouthA­sia’s cover story last month on World Bank and South Asia was a very in­for­ma­tive read and pro­vided a well-bal­anced ap­proach to so­cial de­vel­op­ment and the Bank’s role in South Asia. This re­gion is home to one-fifth of the world’s to­tal pop­u­la­tion and a lot needs to be done to bring about a pos­i­tive change in the lives of these mil­lions. An in­sti­tu­tion like the World Bank, through its struc­tural re­forms and de­vel­op­ment poli­cies, has al­ways suc­ceeded in giv­ing the na­tions a vi­sion to dream for a bet­ter life. Let us all strive for a world free of dis­ease, poverty and il­lit­er­acy. How­ever, WB needs to re­align its com­mit­ment in the re­gion by mak­ing sure that the money for de­vel­op­ment sec­tor goes in the right places and is not wasted in the name of cor­rup­tion. Mike S. Verma, Chen­nai, In­dia

(2) South Asia is a re­gion marked with en­demic poverty and mis­man­age­ment. The World Bank has re­mained a ma­jor player in the South Asian economies aim­ing to help the coun­tries in re­duc­ing poverty and en­hanc­ing eco­nomic growth. How­ever, the Bank needs to re­al­ize that for­eign-funded pro­grams in South Asian coun­tries have most of­ten failed to yield de­sired re­sults. The for­eign money could not achieve the goals of al­le­vi­a­tion of poverty; pro­vi­sion of ed­u­ca­tion, health and hous­ing and so­cial equal­ity as was ex­pected of it. Some­thing has been miss­ing and the sooner our in­ter­na­tional donor banks/agen­cies re­al­ize this, the bet­ter it will be for im­ple­ment­ing stronger re­forms for a largely de­prived seg­ment of the South Asian pop­u­la­tion.

Sana Iftikhar, Karachi, Pak­istan

Newspapers in English

Newspapers from Pakistan

© PressReader. All rights reserved.