Reports & Indices Current Affairs - 2019

This category comprises Current Affairs 2019-2020 related to various reports and indexes / indices by National and International Bodies and organizations such as World, Bank, World Economic Forum, NITI Aayog and various other educational and research organizations. We also place report highlights of various committees and commissions in this category.

Category Wise PDF Compilations available at This Link

UNICEF: The State of World’s Children Report

The United Nations Children’s Emergency Fund-UNICEF provides emergency and healthcare to children and mothers in countries that were devastated by world war II. The organization releases “The State of the World’s Children Report” annually.

The report stated that despite of 40% drop in stunting of children in poor countries between 1990 and 2015, 149 million are still too short for their age.

Key findings of the report

  • A third of world’s children under five years of age, which is around 700 million, have nutrition problems. They are undernourished or face overweight problems.
  • 50 million are affected by wasting. Wasting is chronic thinness of the body which is mainly due to poverty.
  • Only 2 out of 5 infants of breast fed. This is also a primary cause for increased undernourished children
  • Japan has the least Infant Mortality Rate. In Japan no packed lunches are allowed in schools. School lunches are created by nutritionists and are provided in all schools through out Japan. Each meal is designed to have 600 to 700 calories.
  • Japan has the lowest IMR. Out of children that are under age 5, 14.42% are obese or overweight. The US tops the UNICEF ranking with 41.86%, followed by Italy with 36.87% and France at 30.09%

South Asia Economic Focus, Making (De)Centralization Work Report: World Bank

As per the report released by World Bank on ‘South Asia Economic Focus, Making (De)Centralization Work’, Bangladesh has become the second-fastest growing economy in South Asia after Bhutan. According to the World Bank, Bangladesh and Nepal are estimated to grow faster than India in 2019.

The latest edition of this World Banks’s report finds that strong domestic demand, which support high growth in past, has weakened, driving a slowdown across the south Asian region.

Key Highlights of Report

The overall growth in South Asia is projected to slow down this fiscal in line with a global downward trend. Growth in South Asia is projected to fall to 5.9% in 2019, down 1.1% points from April 2019 estimates, casting uncertainty about a rebound in short term.

In India, growth is projected to fall to 6% this fiscal year and is then expected to gradually recover to 6.9% in fiscal year 2021 and to 7.2% in 2022.

The growth rate of Pakistan is projected to decrease further to 2.4% this fiscal year, as monetary policy remains tight, and planned fiscal consolidation will further compress domestic demand.

As per the report, the GDP growth rate of Bangladesh is projected to moderate to 7.2% this fiscal year and 7.3% in 2020. The country’s economy is likely to maintain growth above 7%, supported by a political stability, robust macroeconomic framework, and strong public investments.

In 2018 Bangladesh has reduced current account deficit due to rising export and remittances which was above $15.5 billion. However, the report indicates that the financial sector vulnerability, fiscal pressures and loss of external competitiveness pose challenges to its growth rate.

Moreover, despite slowdown in industrial growth rate, the industrial sector remains strong as Bangladesh’s garment industry benefited immensely from trade tensions between United States and China.

The World Bank report suggests Bangladesh to address key structural challenges such as reducing infrastructure deficit, improving urban management, managing climate change risks and enhancing human capital.