Structural Transformation of Bangladesh Economy

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Release : 2021-03-18
Genre : Business & Economics
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Book Rating : 648/5 ( reviews)

Structural Transformation of Bangladesh Economy - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Structural Transformation of Bangladesh Economy write by Mustafa K. Mujeri. This book was released on 2021-03-18. Structural Transformation of Bangladesh Economy available in PDF, EPUB and Kindle. 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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Release : 2018-08-29
Genre : Business & Economics
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Book Rating : 713/5 ( reviews)

Structural Change and Dynamics of Labor Markets in Bangladesh - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Structural Change and Dynamics of Labor Markets in Bangladesh write by Selim Raihan. This book was released on 2018-08-29. Structural Change and Dynamics of Labor Markets in Bangladesh available in PDF, EPUB and Kindle. 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.

Structural Transformation, Inequality Dynamics, and Inclusive Growth in Bangladesh

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Release : 2020
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Book Rating : 016/5 ( reviews)

Structural Transformation, Inequality Dynamics, and Inclusive Growth in Bangladesh - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Structural Transformation, Inequality Dynamics, and Inclusive Growth in Bangladesh write by Selim Raihan. This book was released on 2020. Structural Transformation, Inequality Dynamics, and Inclusive Growth in Bangladesh available in PDF, EPUB and Kindle. The Bangladesh economy has undergone significant structural changes over the last four decades. The share of agriculture in GDP has declined, while the significance of industry and service sectors has increased. These structural changes have been associated with persistent challenges such as lack of diversification, poor working conditions, low productivity, and high degree of informality, obstructing the progress towards inclusive economic growth. Though manufacturing is now an overwhelmingly salient component of Bangladesh's export composition, this is due primarily to the rapid expansion of the ready-made garments sector: the performance of other industries has been rather weak. In order to become a sustained, inclusive driver of economic growth and employment creation, the manufacturing sector needs to focus on expanding and diversifying its base. This study looks at the major challenges, both policy-induced and structural, for the required structural transformation in the Bangladesh economy, aiming to tackle inequality and promote inclusive growth.

Economic and Social Development of Bangladesh

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Release : 2017-11-21
Genre : Social Science
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Book Rating : 386/5 ( reviews)

Economic and Social Development of Bangladesh - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Economic and Social Development of Bangladesh write by Yasuyuki Sawada. This book was released on 2017-11-21. Economic and Social Development of Bangladesh available in PDF, EPUB and Kindle. 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.

South Asia in Transition

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Release : 2014-06-25
Genre : Political Science
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Book Rating : 642/5 ( reviews)

South Asia in Transition - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook South Asia in Transition write by B. Chakma. This book was released on 2014-06-25. South Asia in Transition available in PDF, EPUB and Kindle. Combining theoretical and empirical insights, this book provides an in-depth analysis of South Asia's transition in the areas of democracy, political economy and security since the end of the Cold War. It provides a close scrutiny to the state of democracy and political economy in India, Pakistan and Bangladesh.