Structural Transformation Of Bangladesh Economy
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Structural Transformation Of Bangladesh Economy
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Author : Mustafa K. Mujeri
language : en
Publisher: Springer Nature
Release Date : 2021-03-18
Structural Transformation Of Bangladesh Economy written by Mustafa K. Mujeri and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-03-18 with Business & Economics categories.
This book examines the theory and global evidence on structural transformation along with stylised facts and implications using, among others, a dynamic panel model, for South Asia. The characteristics of the structural transformation process in Bangladesh bring out the relevance of a comprehensive and inclusive South Asian ‘brand’ in view of the challenges of large population size, high burden of poverty, rising inequalities and its compulsion to achieve rapid and sustained inclusive development. The analysis highlights several distinct characteristics of Bangladesh’s structural transformation including changes in value added, trade, employment, productivity, formal-informal jobs, and opportunities for low-skilled workers. The book suggests that the manufacturing sector could not create the required number of jobs and generate rapid absolute and relative productivity gains in the Bangladesh economy. Although the services sector has largely led output and employment growth, services subsectors with strong labour absorptive capacity have low average productivity. Hence, growth-enhancing structural transformation led by these subsectors is likely to be less dynamic than required for rapid employment-creating growth in the economy. The book’s analysis on COVID-19 and cyclone Amphan shows that an integrated disaster and development paradigm is needed for Bangladesh. An inclusive and health and well-being focused structural transformation presents the pathway to advance the people-centred approach to development in Bangladesh through both vulnerability reduction and investments in sustainable development that would offset both known and unknown disaster threats. The key for Bangladesh is to skillfully manage the ‘developer’s dilemma’ of achieving both structural transformation in terms of large productivity gains and inclusive growth for reducing poverty and rising inequalities. This book is relevant to students, academicians and development practitioners and others interested in contemporary development.
Structural Change And Dynamics Of Labor Markets In Bangladesh
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Author : Selim Raihan
language : en
Publisher: Springer
Release Date : 2018-08-29
Structural Change And Dynamics Of Labor Markets In Bangladesh written by Selim Raihan and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-08-29 with Business & Economics categories.
Outlining important policy requirements for Bangladesh to become an upper middle-income country, the book presents research work conducted during the project “Changing Labor Markets in Bangladesh: Understanding Dynamics in Relation to Economic Growth and Poverty,” sponsored by the International Development Research Center (IDRC), Canada. Bangladesh has experienced remarkable economic growth rates over the last decade. The country has recently been upgraded from a low-income country (LIC) to a lower-middle-income country (LMIC) as per the World Bank’s classification system. By 2024, the country also aspires to graduate from the United Nation’s list of least developed countries (LDC). The 7th five-year plan sets an ambitious target of 8 percent growth in GDP by 2020. There are also steep development targets to be achieved under the Sustainable Development Goals (SDGs) by 2030. All these will require an enormous leap forward from the current level of economic growth rate and sustaining it in the future. The situation also calls for considerable structural change in the economy, facilitating large-scale economic diversification. Rapid expansion of labor-intensive and high-productivity sectors, both in the farm and nonfarm sectors, is thus crucial for Bangladesh. Further, this should take place in conjunction with interventions to enhance productivity, jobs and incomes in traditional and informal activities where there are large pools of surplus labor. Given its relevance for Bangladesh and applicability to many other developing countries, the book offers a unique and pioneering resource for researchers, industry watchers as well as policy makers.
Benchmarking Structural Transformation Across The World
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Author : Ms.Era Dabla-Norris
language : en
Publisher: International Monetary Fund
Release Date : 2013-07-31
Benchmarking Structural Transformation Across The World written by Ms.Era Dabla-Norris and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-07-31 with Business & Economics categories.
This paper documents stylized facts on the process of structural transformation around the world and empirically analyzes its determinants using data on real value added by sector of economic activity (agriculture, manufacturing and services) for a panel of 168 countries over the period 1970-2010. The analysis points to large differences in sector shares both across and within regions as well as for countries at similar levels of economic development. Using both linear and quantile regression methods, it finds that a large proportion of the cross-country variation in sector shares can be accounted for by country characteristics, such as real GDP per capita, demographic structure, and population size. It also finds that policy and insitutional variables, such as product market reforms, openness to trade, human and physical capital, and finance improve the baseline model’s ability to account for the variation in sectoral shares across countries.
Economic And Social Development Of Bangladesh
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Author : Yasuyuki Sawada
language : en
Publisher: Springer
Release Date : 2017-11-21
Economic And Social Development Of Bangladesh written by Yasuyuki Sawada and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-11-21 with Social Science categories.
This book discusses Bangladesh’s economic and social development that may be called a “miracle” since the country has achieved remarkable development progress under several unfavorable situations: weak governance and political instabilities, inequality, risks entailed in rapid urbanization, and exposure to severe disaster risks. The authors examine what led to this successful economic development, and the potential challenges that it presents, aiming to elicit effective policy interventions that can be adapted by other developing countries.
Bangladesh S Agrifood System Structure And Drivers Of Transformation
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Author : Diao, Xinshen
language : en
Publisher: Intl Food Policy Res Inst
Release Date : 2023-07-14
Bangladesh S Agrifood System Structure And Drivers Of Transformation written by Diao, Xinshen and has been published by Intl Food Policy Res Inst this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-07-14 with Political Science categories.
Bangladesh experienced strong annual economic growth of 6.6 percent between 2009 and 2019 (BBS 2021). While the global COVID-19 pandemic caused a significant growth slowdown in 2020, growth started to recover in 2021. However, the recovery was hampered by global commodity market disruptions related to the war in Ukraine beginning in 2022 and the global recession in 2023 (Arndt et al. 2023; Diao and Thurlow 2023). The World Bank (2023) projects growth of 5.2 percent for 2023 and 6.2 percent for 2024, which is slower than the country’s pre-pandemic growth rate. Rapid growth in the past has already led to significant structural shifts in Bangladesh’s economy along with a transformation within the agrifood system (AFS). In this brief, we unpack these trends and future projections further to understand how Bangladesh’s AFS is contributing to growth and transformation in the country.
Towards A Sustainable Economy
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Author : Moazzem Hossain
language : en
Publisher: Taylor & Francis
Release Date : 2022-12-30
Towards A Sustainable Economy written by Moazzem Hossain and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-12-30 with Business & Economics categories.
The Sustainable Development Goals (SDGs) were introduced by the United Nations (UN) for all member nations with a total of 17 goals and 169 targets to be achieved between 2016 and 2030. The recent pandemic has presented more challenges to achieving the UN’s SDGs. This book examines Bangladesh’s ascendancy in socio-economic terms and the prospects of Bangladesh overcoming the challenges to become a higher-middle-income nation by 2030. This book traces the transformation of Bangladesh from 1996 through 2020 and examines various factors contributing to its success from rural economy, external support, manufacturing, and structural transformation to energy consumption. This book also looks at the challenges and opportunities for Bangladesh as the Fourth Industrial Revolution unfolds and as climate change, to which Bangladesh is highly vulnerable, escalates. This book will be a useful reference document for those who are interested in gaining more insights into inclusive growth and sustainable development from the case study of Bangladesh.
Bangladesh Economic Corridor Development Highlights
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Author : Asian Development Bank
language : en
Publisher:
Release Date : 2023-06
Bangladesh Economic Corridor Development Highlights written by Asian Development Bank and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-06 with categories.
As Bangladesh builds on a decade of strong economic growth, this executive summary explains why creating an economic corridor can drive the massive structural transformation it needs to ensure its development is sustainable and equitable. Detailing the reasons behind its growth, it explains how a Bangladesh Economic Corridor (BEC) would benefit its northeast and southwest regions, which have long suffered from poor economic development and inadequate infrastructure. It outlines how a BEC would help develop core industries, boost connectivity, and improve critical infrastructure, as Bangladesh looks to harness technology to create millions of new jobs and accelerate its economic growth.
Bangladesh S Quest For Inclusive Development
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Author : Mustafa K. Mujeri
language : en
Publisher: Taylor & Francis
Release Date : 2022-09-30
Bangladesh S Quest For Inclusive Development written by Mustafa K. Mujeri and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-09-30 with Social Science categories.
The book provides a comprehensive conceptual understanding covering major challenges and pathways to progressively promote inclusive development in Bangladesh. Since independence in 1971, Bangladesh has achieved significant economic growth and social progress, but the benefits have not been shared equitably across all groups in society, and there is the demand that inclusive development should be at the core of the country’s development agenda. Analysing inclusive development in Bangladesh, the authors present it as synonymous with improving the well-being of all individuals in a comprehensive manner along with upholding the principles of equity and justice. The book shows that the multidimensionality of inclusive development facilitates the participation of all in society in development through enhancing capabilities and ensuring equal opportunities. The analysis highlights social investments in specific concerns of the marginalised and disadvantaged groups and unequal structural forces that compel the state to remain biased towards the rich and consequent ‘elite capture’ of the state in Bangladesh. Arguing that Bangladesh has moved closer towards applying the inclusive development tenets in policy making, the book’s findings show that the challenge is the absence of any generic formula to ensure that the country is moving towards a more inclusive development path. A valuable contribution to the study of Bangladesh’s changing dynamics of political, economic and social configurations and development economics, the book will be of interest to researchers in the fields of economics, Asian studies and development studies.
Structural Change And Dynamics Of Labor Markets In Bangladesh
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Author : Selim Raihan
language : en
Publisher:
Release Date : 2016
Structural Change And Dynamics Of Labor Markets In Bangladesh written by Selim Raihan and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with categories.
The Economy Of Bangladesh
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Author : Azizur Rahman Khan
language : en
Publisher: Springer
Release Date : 2015-10-06
The Economy Of Bangladesh written by Azizur Rahman Khan and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-10-06 with Business & Economics categories.
In the quarter century since its emergence from military rule and integration into the global economy, Bangladesh's economy has achieved high growth, reduced aid dependence and made remarkable improvement in social indicators while at the same time it continues to suffer from increasing inequality. This book analyses these successes and failures.