Countries Of The Asia

Nations like Bangladesh have emerged as major exporters of textile products and have benefited from lower prices of cotton. However, while many energy-hungry nations such as India have efficiently used the recent low cost of oil to stockpile huge inventories of oil for future use, rising energy prices present long-term downside risks. The primary South Asian countries include India, Pakistan, Bangladesh, Afghanistan, and Sri Lanka, as well as smaller nations including Nepal, Bhutan, and the Maldives. Since most of the inhabitants (85%) live in the European part of the country, Russia is listed in our overview of Europe.

Explanations Of Fertility Decline In Southeast Asian Countries

When Western explorers reached South and mindfulmediapr East Asia in early modern times, they extended that label to the whole of the immense landmass. While this global health crisis continues to evolve, it can be useful to look to past pandemics to better understand how to respond today.

Consuming The Knowledge On Southeast Asia

In the statement, Ambassador Mazlan Muhammad reiterated that ASEAN Member States always regard nuclear disarmament as their priority and suggested the creation of a clear timeline to ensure the fulfilment of the Conference’s objectives. He also mentioned the Nuclear Weapon-Free Zone issue, the disappointing outcome of the 2015 NPT Review Conference, the humanitarian consequences of the use of nuclear weapons, as well as other relevant disarmament issues. India, the bellwether of South Asia, has successfully diversified its manufactured product base and enhanced its production capabilities. However, in recent years India's GDP growth has weakened from a slowing economy, some inflation in the food industry, and declining oil prices.

The focus of the meeting was on Energy, Environment, Climate Change and Sustainable Development. The potential increase in the use of nuclear energy was discussed in this regard. The members drafted an ASEAN Leaders’ Declaration on Environmental Sustainability to be signed at the 13th ASEAN Summit. In the days prior to the meeting, Ministers discussed the creation of an agency to monitor compliance with the SEANWFZ. The ministers also discussed their intentions to strengthen the regions relationship with the IAEA and capacity to implement safeguards. On 24 July, the Democratic People’s Republic of Korea acceded to the Treaty of Amity and Cooperation in Southeast Asia.

The issue of south–north migration representing a ‘brain drain’ of skill and talent needed for development in the home countries is a longstanding one in the region. In several origin countries, however, the occupational profile of migrant workers is largely an unskilled and semi-skilled one so that movement out of a country like Indonesia certainly cannot be characterized as a brain drain. On the other hand, much of the movement out of countries like India, Pakistan, Philippines, and Singapore is of skilled and highly educated groups. In those cases, however, the movement is not necessarily a net economic loss to the nation. Economic studies have shown that in some cases individuals have a net positive economic impact if they go overseas and remit money back to their home country rather than remain behind.

Another important issue relates to the exploitation of migrants from the region. While it is incorrect to depict all such migrants as victims subject to exploitation, there can be no doubt that some groups are vulnerable to exploitation of a number of kinds. This is particularly the case among some groups of female migrants, especially those who work in occupations where protection is difficult, such as domestic workers in private homes and in the entertainment industry. Those who are undocumented are especially vulnerable to exploitation but lack of knowledge and local languages and customs can also increase vulnerability of immigrants. Understate the scale and impact of remittances nationally, there can be no doubt that their impact within regions of South and Southeast Asian countries is much greater.

Asian Country Research @ Pitt

In recent years, Bangladesh has emerged as a leading manufacturer of textile products and become a frontrunner in South Asia. In fact, in 2019, Bangladesh had a growth rate of 8%, compared to India's of 5.3%. As the trade deficit decreased, the growth in remittances grew strongly by 9.6% in 2019 to reach a record $16.4 billion. The forecast of an increase in domestic demand, hike in public sector wages, and increased construction activity will bolster its economy in the near term, as well. While many of these economies have a considerable share of revenues from international exports, domestic demand is expected to be the primary driver for growth in the near future. Domestic markets make these economies less prone to external vulnerabilities and global financial turmoil.

The largest of the Asian countries by area is Russia, which occupies about 30% of the total territory of the continent. The impacts of the COVID-19 pandemic have dramatically increased food insecurity in some of the poorest and most vulnerable countries in the Asia Pacific region. Join the Asia-Pacific Rural Development and Food Security Forum 2022 on March to learn more on critical issues on food security.