Transforming Bangladesh Into a Middle Income Economy

Transforming Bangladesh Into a Middle Income Economy PDF Author: Sadiq Ahmed
Publisher: MacMillan India
ISBN:
Category : Bangladesh
Languages : en
Pages : 520

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Book Description
Over the past 33 years, rising from the ruins of a war-devastated economy in 1972, BNdesh has increased its per capita income four-fold, cut poverty by more than half, and is well set to achieve most of the millennium development goals. What factors h

Transforming Bangladesh Into a Middle Income Economy

Transforming Bangladesh Into a Middle Income Economy PDF Author: Sadiq Ahmed
Publisher: MacMillan India
ISBN:
Category : Bangladesh
Languages : en
Pages : 520

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Book Description
Over the past 33 years, rising from the ruins of a war-devastated economy in 1972, BNdesh has increased its per capita income four-fold, cut poverty by more than half, and is well set to achieve most of the millennium development goals. What factors h

Bangladesh

Bangladesh PDF Author: Elisa Muzzini
Publisher: World Bank Publications
ISBN: 0821398652
Category : Business & Economics
Languages : en
Pages : 153

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Book Description
Bangladesh seeks to attain middle-income status by 2021. To accelerate growth enough to do so, Bangladesh needs to build a competitive urban space that is innovative, connected and livable. This book identifies what is unique about Bangladesh's process of urbanization and examines the implications for economic growth.

Structural Transformation of Bangladesh Economy

Structural Transformation of Bangladesh Economy PDF Author: Mustafa K. Mujeri
Publisher: Springer Nature
ISBN: 9811607648
Category : Business & Economics
Languages : en
Pages : 299

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Book Description
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.

Transforming Bangladesh

Transforming Bangladesh PDF Author: Raquib Ahmed
Publisher: Springer Nature
ISBN: 3031450930
Category : Science
Languages : en
Pages : 172

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Book Description
This book focuses on the transformation of Bangladesh in respect to its people, geography, economy and environment. The authors discuss current problems such as vulnerability caused by environmental degradation in Bangladesh but also opportunities of this rapidly changing country. The book explains how the country is rapidly transforming from a rural subsistence agrarian based economic system to a new economic partner contributing to global processes. Bangladesh is presented as an example for the changes in the Global South, where a mismatch is often observed in linking resources and activities with environmental sustainability, possibly due to insufficient base-line knowledge. As faster growth is marginalizing resources to increase the GDP, the sustainability of resource exploitation is being questioned. The authors describe the vulnerable situation caused by possible sea-level rise, soil degradation, biodiversity loss, climate extremities, urbanization, and population displacement. This volume offers comprehensive knowledge about the geography and environment of Bangladesh and aims to help readers further investigate the issues and work on solutions. The book appeals to academics, professionals and students at all levels interested in Bangladesh as well as environmental problems and geographical issues in a rapidly transforming country.

Bangladesh

Bangladesh PDF Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292575562
Category : Business & Economics
Languages : en
Pages : 206

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Book Description
Bangladesh has transformed its economy over the last 2 decades, graduating to middle-income status as average annual growth remained strong at 5%–6%. The country’s goal to become an upper-middle-income country by 2021 will require even stronger annual growth of 7.5%–8%. This study finds that the most critical constraints to growth are (i) insufficient reliable energy supply, (ii) policies that indirectly stunt development of economic activities unrelated to ready-made garment exports, and (iii) insufficient security about property and land rights due in part to inadequate registry systems. If policies are designed to urgently tackle these constraints, Bangladesh will be free to harness its potential for inclusive and sustainable growth.

Towards a Sustainable Economy

Towards a Sustainable Economy PDF Author: Moazzem Hossain
Publisher: Taylor & Francis
ISBN: 100083199X
Category : Business & Economics
Languages : en
Pages : 317

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Book Description
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.

Toward Great Dhaka

Toward Great Dhaka PDF Author: Julia Bird
Publisher: World Bank Publications
ISBN: 146481239X
Category : Business & Economics
Languages : en
Pages : 205

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Book Description
A unique strategic opportunity beckons Bangladesh. Dhaka, the economic powerhouse of the country, stands on the cusp of a dramatic transformation that could make it much more prosperous and livable. Today, Dhaka is prone to flooding, congestion, and messiness, to a point that is clogging its growth. But toward its east, where two major highway corridors will one day intersect, is a vast expanse of largely rural land. And much of it is within 6 kilometers of the most valuable parts of the city. The time to make the most of this eastward opportunity is now. Many parts of East Dhaka are already being developed in a haphazard way at an alarmingly rapid pace. Private developers are buying land and filling it with sand so they can build and sell new houses and apartments. Canals and ponds are disappearing, and the few narrow roads crossing the area are being encroached by construction. This spontaneous development could soon make East Dhaka look like the messy western part of the city, and retrofitting it later will be more difficult and costlier than properly planning and developing it now. Toward Great Dhaka: A New Urban Development Paradigm Eastward seeks to analyze how the opportunity of East Dhaka could be realized. Using state-of-the-art modeling techniques, the study simulates population, housing, economic activity, and commuting times across the 266 unions that constitute Greater Dhaka. It does so under various scenarios for the development of East Dhaka, but always assessing the implications for the entire city. The simulations suggest that pursuing a strategic approach to the development of East Dhaka would make Greater Dhaka a much more productive and livable city than continuing with business as usual. Based on current trends, Greater Dhaka would have a population of 25 million in 2035 and an income per capita of US$8,000 at 2015 prices. However, embracing a strategic approach would add 5 million people to the city. And, it would be a more productive city, with nearly 1.8 million more jobs and an income per capita of more than US$9,200 at 2015 prices, enough to put Dhaka on the map of global cities.

State, Market and Society in an Emerging Economy

State, Market and Society in an Emerging Economy PDF Author: Quamrul Alam
Publisher: Taylor & Francis
ISBN: 1000906043
Category : Business & Economics
Languages : en
Pages : 412

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Book Description
The economic and social development that Bangladesh has achieved in the past two decades has made Bangladesh a development paradox. This book tries to explain this paradox through a political economy lens. The book explains the linkages between the state, changing society and emerging private sector, and examines whether the social transformation taking place in Bangladesh has the potential to live up to the expectations of a middle- income country. The early part of the book unravels the myriad relations between the state, society and market to project the aspirations of a newly independent nation. It analyzes how political turmoil, militarization of politics, politicization of institutions, reforms initiatives, industrial and social development policies, and the power nexus influenced the nature of the political economy of Bangladesh. The book goes on to examine how domestic appetite for capital and raw materials, the digital revolution, and the capacity of the local market to absorb expanded economic activities have created an environment that catalyzes innovation and entrepreneurship. The book also explains how the country has attempted to transform from an agrarian to a manufacturing- based economy, with rapid growth in the ready- made garment industry, pisciculture, pharmaceuticals and the ICT sector. Bangladesh’s journey from an emerging economy towards a developed country would interest those researching on development economics and those in policy making.

Climate Adaptation for a Sustainable Economy: Lessons from Bangladesh, an Emerging Tiger of Asia

Climate Adaptation for a Sustainable Economy: Lessons from Bangladesh, an Emerging Tiger of Asia PDF Author: Mazharul Mazharul Islam
Publisher:
ISBN: 9781536169270
Category :
Languages : en
Pages :

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Book Description
When thinking of the leaders of Asia who brought landmark prosperity to their respective nations from the second half of the 20th century, two leaders immediately come to mind: late Lee Kuan Yew of Singapore and Dr. Mahathir Mohamad of Malaysia. Bangladesh's own Sheikh Mujibur Rahman did not have time to turn Bangladesh into a prosperous nation, but he was the architect of the Bangladesh nation, which sacrificed three million men and women, and two hundred thousand women lost dignity in a liberation war in 1971. These leaders had one thing in common, they had visions about prosperity and freedom. Singapore and Malaysia realized late Prime Minister Lee and Prime Minister Mahthir's visions in their life time. Mahathir is still living. Mujib too had a vision for the prosperity of his people. His vision was, in his words, "I want to make Bangladesh the Switzerland of Asia". In other words, Sheikh Mujib wanted to make Bangladesh a Golden Bengal, a member of the OECD nations. Since the dark days of 1975 when he was killed by assassins' bullets, the nation has been looking for opportunity to realize Mujib's visions. Finally, the opportunity came to his daughter Sheikh Hasina in 1996 and with a break of next five years at last she got momentum in 2009 for taking Bangladesh to prosperity. The incumbent government since 2009 has been doing extraordinarily well to maintain and fulfill all the requirements of a "middle income" status which was awarded in March 2018. Sheikh Hasina has recently said, "Bangladesh will achieve the goals to become a middle income nation by 2021, three years ahead of the deadline set by the World Bank. She has been working tirelessly for transforming Bangladesh into a "developed" nation by 2041. Indeed, she is a visionary too for realizing the visions of Mujib by making Bangladesh the Switzerland of Asia. Her vision 2021 is coming to an end in two years' time and it is clear now world-wide on the nation's development agenda in place to 2041, coinciding with UN agenda 2030 (Sustainable Development Goals).

State, Market and Society in an Emerging Economy

State, Market and Society in an Emerging Economy PDF Author: Quamrul Alam
Publisher:
ISBN: 9781003318521
Category : BUSINESS & ECONOMICS
Languages : en
Pages : 0

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Book Description
The economic and social development that Bangladesh has achieved in the past two decades has made Bangladesh a development paradox. This book tries to explain this paradox through a political economy lens. The book explains the linkages between the state, changing society and emerging private sector, and examines whether the social transformation taking place in Bangladesh has the potential to live up to the expectations of a middle- income country. The early part of the book unravels the myriad relations between the state, society and market to project the aspirations of a newly independent nation. It analyzes how political turmoil, militarization of politics, politicization of institutions, reforms initiatives, industrial and social development policies, and the power nexus influenced the nature of the political economy of Bangladesh. The book goes on to examine how domestic appetite for capital and raw materials, the digital revolution, and the capacity of the local market to absorb expanded economic activities have created an environment that catalyzes innovation and entrepreneurship. The book also explains how the country has attempted to transform from an agrarian to a manufacturing- based economy, with rapid growth in the ready- made garment industry, pisciculture, pharmaceuticals and the ICT sector. Bangladesh's journey from an emerging economy towards a developed country would interest those researching on development economics and those in policy making.