For the first time in its long history, the people of South Asia have the chance of sharing in a thriving environment on fair terms. The countries of the region are enjoying unprecedented economic growth, in most cases exceeding 5 per cent a year for over a decade. Today, South Asia is the world's second fastest growing region, with economic growth contributing to an impressive reduction in poverty. During the 1990s, India, Bangladesh and Nepal lowered their poverty rates by 7, 9 and 11 percentage points, respectively; Pakistan's rate declined by 5 per cent in the first half of this decade; and the poverty rate in Sri Lanka's western province, where growth has been ...

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