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Numbers and Narratives in Bangladesh's Economic Development

Numbers and Narratives in Bangladesh's Economic Development PDF Author: Rashed Al Mahmud Titumir
Publisher: Springer Nature
ISBN: 9811606587
Category : Business & Economics
Languages : en
Pages : 271

Book Description
This book focuses on socio-economic developments of Bangladesh by challenging the dominant international narrative of the case being termed as “development surprise”, “development paradox” or “development conundrum,” given the absence of good governance. In doing so, the book examines the political economic dynamics and offers valuable insights into the current state of the Bangladeshi economy in light of stability, transformability and sustainability. Pointing to the ‘high’ rate of growth in gross domestic product (GDP) in Bangladesh, there is wide belief that economic growth can be obtained even without functioning institutions, and is more important than an inclusive political system. Advocates go on to argue that authoritarianism may be condoned as long as a steady course of development is perused. However, the inadequacy of comparative analysis in to the state of the economy of Bangladesh vis-à-vis other relevant economies makes such claims myopic and parochial. This book thus investigates the numbers and narratives to ascertain the validity of such assertions and lamentations by looking at the necessary and sufficient conditions of development. The necessary conditions imply an incisive inquiry into the factors of economic growth— land, labour, capital and technology while sufficient conditions warrant a penetrating incisive inquiry into the factors of economic growth— land, labour, capital and technology. As such, the book explores development by drawing variables of politics and economics to find out a causal relationship, and interjects these variables have on themes such as growth, agriculture, manufacturing industry, financial sector, health, education, poverty and inequality.

Numbers and Narratives in Bangladesh's Economic Development

Numbers and Narratives in Bangladesh's Economic Development PDF Author: Rashed Al Mahmud Titumir
Publisher: Springer Nature
ISBN: 9811606587
Category : Business & Economics
Languages : en
Pages : 271

Book Description
This book focuses on socio-economic developments of Bangladesh by challenging the dominant international narrative of the case being termed as “development surprise”, “development paradox” or “development conundrum,” given the absence of good governance. In doing so, the book examines the political economic dynamics and offers valuable insights into the current state of the Bangladeshi economy in light of stability, transformability and sustainability. Pointing to the ‘high’ rate of growth in gross domestic product (GDP) in Bangladesh, there is wide belief that economic growth can be obtained even without functioning institutions, and is more important than an inclusive political system. Advocates go on to argue that authoritarianism may be condoned as long as a steady course of development is perused. However, the inadequacy of comparative analysis in to the state of the economy of Bangladesh vis-à-vis other relevant economies makes such claims myopic and parochial. This book thus investigates the numbers and narratives to ascertain the validity of such assertions and lamentations by looking at the necessary and sufficient conditions of development. The necessary conditions imply an incisive inquiry into the factors of economic growth— land, labour, capital and technology while sufficient conditions warrant a penetrating incisive inquiry into the factors of economic growth— land, labour, capital and technology. As such, the book explores development by drawing variables of politics and economics to find out a causal relationship, and interjects these variables have on themes such as growth, agriculture, manufacturing industry, financial sector, health, education, poverty and inequality.

The Economic Development of Bangladesh in the Asian Century

The Economic Development of Bangladesh in the Asian Century PDF Author: Quamrul Alam
Publisher: Routledge
ISBN: 100022273X
Category : Business & Economics
Languages : en
Pages : 269

Book Description
This book explains the macro-drivers of growth behind the economic development of Bangladesh. Few countries in the developing world have shown as exciting a promise of economic prosperity as Bangladesh. The promising nature of the Bangladeshi economy raises interesting questions pertaining to whether good governance may lead to sustained economic growth. This book looks at the strategic interventions on macro-level, specifically the policy interventions. This book will be a useful reference to making sense how economic transformation can be strengthened through state-sponsored activities and how states can inculcate a culture of innovation which can be regarded as one of the underpinnings of economic growth.

Economic and Social Development of Bangladesh

Economic and Social Development of Bangladesh PDF Author: Yasuyuki Sawada
Publisher: Springer
ISBN: 3319638386
Category : Social Science
Languages : en
Pages : 311

Book Description
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 Economic and Social Progress

Bangladesh's Economic and Social Progress PDF Author: Munim Kumar Barai
Publisher: Springer Nature
ISBN: 9811516839
Category : Business & Economics
Languages : en
Pages : 450

Book Description
This book evaluates Bangladesh’s impressive economic and social progress, more often referred to as a ‘development surprise’. In doing so, the book examines the gap in existing explanations of Bangladesh’s development and then offers an empirically informed analysis of a range of distinctive factors, policies, and actions that have individually and collectively contributed to the progress of Bangladesh. In an inclusive way, the book covers the developmental role, relation, and impact of poverty reduction, access to finance, progress in education and social empowerment, reduction in the climatic vulnerability, and evolving sectoral growth activities in the agriculture, garments, and light industries. It also takes into account the important role of the government and NGOs in the development process, identifies bottlenecks and challenges to Bangladesh’s future development path and suggests measures to overcome them. By providing an inclusive narrative to theorize Bangladesh’s development, which is still missing in the public discourse, this book posits that Bangladesh per se can offer a development model to other developing countries.

The Economy of Tourism in Bangladesh

The Economy of Tourism in Bangladesh PDF Author: Sakib Bin Amin
Publisher: Springer Nature
ISBN: 3030729001
Category : Business & Economics
Languages : en
Pages : 265

Book Description
Bangladesh is a land of great natural beauty, with a rich culture. Its tourism industry is one of its greatest motivators for social and economic development - but it does not always climb to the heights of success that one might expect. This book is one of the first to explore tourism in Bangladesh in scholarly detail, examining driving factors behind the growth of the industry, as well as challenges it needs to overcome. It provides recommendations for policy makers, as well as a rich tapestry of scholarly work for researchers interested in Bangladesh, tourism management, and the study of developing economies.

Economic Prospects of Bangladesh

Economic Prospects of Bangladesh PDF Author: Edward Austin Gossage Robinson
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 78

Book Description
Report on the short term and long term development potential of Bangladesh - examines some major economic planning problems for economic development, and covers food security, agricultural development, industrial development, trade, import substitution, savings and foreign exchange, the potential role of UK development aid, etc. References and statistical tables.

Dynamics of Rural Growth in Bangladesh

Dynamics of Rural Growth in Bangladesh PDF Author: Madhur Gautam
Publisher: World Bank Publications
ISBN: 146480883X
Category : Technology & Engineering
Languages : en
Pages : 230

Book Description
The rural economy in Bangladesh has powerfully advanced economic growth and substantially reduced poverty, especially since 2000, but the remarkable transformation and unprecedented dynamism in rural Bangladesh remain an underexplored, underappreciated, and largely untold story. Dynamics of Rural Growth in Bangladesh: Sustaining Poverty Reduction tells that story and inquires what specific actions Bangladesh might take—given the residual poverty and persistent malnutrition—to accelerate and channel its rural dynamism to sustain the gains in eliminating poverty, achieving shared prosperity, and advancing national aspirations to achieve middle-income status. The central element of this study, undertaken with the Government of Bangladesh Planning Commission to address key questions elicited through extensive consultation, is an empirical analysis that illuminates the underlying dynamics of rural growth, particularly the role of agriculture and its relationship to the nonfarm economy. Using all sources of data available for the macro-, meso-, and microhousehold levels, the analysis provides new evidence on changes in the rural economy and the principal drivers of rural incomes. It also examines market performance for high-value agricultural products and agriculture†“nutrition linkages, based on new surveys and analysis. The resulting evidence, examined in light of the rich knowledge of rural development in Bangladesh, is used to delineate the implications for policy and the strategic priorities for sustaining future rural development, poverty reduction, food security, and nutrition. The effects of policy reforms, changes in technology, and investments in infrastructure and human capital described here, along with the persistent enterprise of rural Bangladeshi households, offer a compelling case study of how mutually reinforcing actions can trigger the highly-sought-after virtuous cycle of rural development. The findings clearly demonstrate the pro-poor nature of agricultural growth and its catalytic role in stimulating the rural nonfarm economy. They show that households have no linear or predictable pathway out of poverty; instead, they wisely employ a combination of farm and nonfarm income strategies to climb out of, and then stay out of, poverty. The results represent a strong contribution to the global thinking on rural transformation and on how agriculture in particular sustains the economic momentum that fosters poverty reduction and more widespread prosperity.

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

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.

Bangladesh

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

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.

Numbers and Narratives in Bangladesh's Economic Development

Numbers and Narratives in Bangladesh's Economic Development PDF Author: Rashed Al Mahmud Titumir
Publisher:
ISBN: 9789811606595
Category :
Languages : en
Pages : 0

Book Description
This book focuses on socio-economic developments of Bangladesh by challenging the dominant international narrative of the case being termed a "development surprise", "development paradox" or "development conundrum." In doing so, the book examines the political economic dynamics of the country and offers valuable insights into the current state of the Bangladeshi economy in light of stability, transformability and sustainability. Pointing to the 'high' rate of growth in gross domestic product (GDP) in Bangladesh, there is wide belief that economic growth can be obtained even without functioning institutions, and is more important than an inclusive political system. Advocates go on to argue that authoritarianism may be condoned as long as a steady course of development is perused. However, the inadequacy of comparative analysis on the state of the economy of Bangladesh vis-à-vis other relevant economies makes such claims myopic and parochial. This book thus investigates the numbers and narratives to ascertain the validity of such assertions and lamentations by looking at the necessary and sufficient conditions of development. The necessary conditions imply an incisive inquiry into the factors of economic growth: land, labour, capital and technology. As such, the book explores development by drawing variables of politics and economics to find out a causal relationship to themes such as growth, agriculture, manufacturing industry, financial sector, health, education, poverty and inequality. Rashed Al Mahmud Titumir has worked in diverse constituencies, namely, academia, governments, think-tanks, international organisations and media. He has led numerous projects for diverse organisations including governments, development partners and international organisations at home, and abroad.