Sustaining high growth rates is not easy. “Growth results from complex interactions between policies, institutions, geography, and leadership. The question is can South Asia achieve both high and inclusive growth?” said Cardoso.
The factors that can contribute to high and inclusive growth are labor mobility, more jobs, increased productivity, skills and education, and resolution of internal conflict. Inclusive growth is not about balanced growth but shared opportunities. Spatial disparities in growth are inevitable when growth accelerates and countries make the transition from being an agricultural to an industrialized economy.
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