Description: Bangladesh - Towards Accelerated, Inclusive and Sustainable Growth : Opportunities and Challenges, Volume 1. Overview

Bangladesh - Towards Accelerated, Inclusive and Sustainable Growth : Opportunities and Challenges, Volume 1. Overview

In Bangladesh, growth needs to accelerate to absorb the burgeoning labor force and continue making dents in poverty. Such acceleration will require sustained growth in exports and remittances. It will also need an increase in investment both public...

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Bibliographic Details
Main Author:	World Bank
Language:	English en_US
Published:	Washington, DC 2013
Subjects:	ACCOUNTING ADVERSE EFFECTS ADVERSE IMPACT AGGREGATE DEMAND AGRICULTURE BALANCE OF PAYMENTS BANK FINANCING BINDING CONSTRAINT BONDED WAREHOUSE BUDGET DEFICIT BUSINESS ENVIRONMENT CAPITAL FLIGHT CAPITAL GOODS CAPITAL INFLOWS CAPITAL INTENSITY CAPITAL OUTFLOWS CAPITAL STOCK CD CLIMATE CHANGE COAL COMMERCIAL BANKS COMPARATIVE ADVANTAGE COMPARATIVE ADVANTAGES COMPETITIVE ADVANTAGE COMPETITIVENESS CONNECTIVITY CONSUMERS CONSUMPTION PATTERNS CPI CREDIT FLOWS CURRENCY CURRENT ACCOUNT BALANCE DEBT DEFICITS DEMOGRAPHIC DEMOGRAPHIC CHANGE DEMOGRAPHIC TRANSITION DEPOSIT DEPOSITS DEREGULATION DEVELOPING COUNTRIES DIRECTED CREDIT DISBURSEMENTS DOMESTIC BANK DOMESTIC ECONOMY DOMESTIC MARKET ECONOMETRIC ANALYSIS ECONOMIC CONDITIONS ECONOMIC CRISIS ECONOMIC DEVELOPMENT ECONOMIC EXPANSION ECONOMIC FACTORS ECONOMIC GROWTH ECONOMIC PERFORMANCE ECONOMIC PROGRESS ECONOMIC REFORMS ECONOMIC SECTORS ECONOMIES OF SCALE ELASTICITY ELECTRICITY DEMAND ENABLING ENVIRONMENT EXCHANGE RATE EXCHANGE RATE REGIME EXPENDITURE EXPENDITURES EXPORT COMPETITIVENESS EXPORT GROWTH EXPORT PERFORMANCE EXPORT PROCESSING ZONES EXPORT SECTOR EXPORTER EXPORTERS EXPORTS EXTERNAL BORROWING EXTERNALITIES FINANCIAL DEVELOPMENT FINANCIAL MARKETS FINANCIAL SECTOR FINANCIAL SECTOR LIBERALIZATION FINANCIAL SYSTEM FISCAL POLICIES FISCAL POLICY FLOATING EXCHANGE RATE FOOD PRICE FOOD PRICES FOREIGN ASSETS FOREIGN CAPITAL FOREIGN EXCHANGE FOREIGN EXCHANGE RESERVES FOREIGN FINANCING FOREIGN INVESTMENT FOREIGN INVESTORS FUTURE RESEARCH GDP GDP PER CAPITA GENERALIZED SYSTEM OF PREFERENCES GLOBAL MARKET GOVERNMENT BUDGET GOVERNMENT DEFICIT GOVERNMENT INTERVENTION GROSS DOMESTIC PRODUCT GROSS NATIONAL PRODUCT GROWTH RATE GROWTH RATES HOUSEHOLD INCOME HOUSEHOLD INCOMES HUMAN CAPITAL HUMAN DEVELOPMENT INCOME GROUPS INCOME INEQUALITY INCOME STREAMS INDUSTRIAL ECONOMY INDUSTRIALIZATION INEFFICIENCY INFLATION INFLATIONARY PRESSURES INFORMAL BORROWING INFORMATION TECHNOLOGY INSTITUTIONAL CAPACITIES INSURANCE INTEREST RATE INTERMEDIATE GOODS INTERNATIONAL MARKETS INTERNATIONAL TRADE INVESTMENT CLIMATE INVESTMENT CONTRACTS INVESTMENT RATE INVESTMENT RATES ITC JOB CREATION LABOR COSTS LABOR FORCE LABOR MARKET LABOR MARKETS LABOR PRODUCTIVITY LABOR STANDARDS LAND RESOURCES LENDING PORTFOLIO LETTERS OF CREDIT LEVEL PLAYING FIELD LIQUIDITY LIVING STANDARDS LONG-TERM INVESTMENTS M2 MACROECONOMIC MANAGEMENT MACROECONOMIC STABILITY MARKET ACCESS MARKET DIVERSIFICATION MARKET FAILURE MARKET SHARE MICRO DATA MIDDLE-INCOME COUNTRY MIGRANT LABOR MONETARY FINANCING MONETARY POLICY MONEY GROWTH NATIONAL INCOME NATIONAL SAVINGS NATURAL DISASTERS NATURAL RESOURCE NATURAL RESOURCES NET EXPORTS OIL OIL PRICE OUTPUT PER CAPITA INCOMES POLICY RESPONSE POLITICAL ECONOMY POPULATION GROWTH PRICE CONTROLS PRIVATE CAPITAL PRIVATE CREDIT PRIVATE INVESTMENT PRIVATE INVESTMENTS PRIVATE INVESTORS PRODUCTIVITY GROWTH PROPERTY RIGHTS PUBLIC BUDGET PUBLIC DEBT PUBLIC INVESTMENTS PUBLIC SAVING PUBLIC SAVINGS PUBLIC SPENDING PUSH FACTORS QUOTAS RAINFALL VARIABILITY RAPID GROWTH REAL EXCHANGE RATE REAL GDP REAL INCOME RECURRENT EXPENDITURES REFORM PROGRAM REGISTRATION PROCESS REGULATORY ENVIRONMENT REMITTANCE REMITTANCES RESERVE RETURNS SAFETY NETS SAVINGS SAVINGS RATE SHOCKS TO INCOME SHORT-TERM INTEREST RATES SKILLED WORKERS SKILLS SHORTAGES SOCIAL NETWORKS SOCIAL PROTECTION STREAMS SUSTAINABLE GROWTH TAX TOTAL FACTOR PRODUCTIVITY TRADE BARRIERS TRADE DEFICITS TRADE LIBERALIZATION TRADE POLICIES TRADE POLICY TRADE REGIME TRADING TRANSACTION TRANSACTION COSTS UNEMPLOYMENT URBANIZATION VALUE ADDED VOLATILITY WAGES
Online Access:	http://documents.worldbank.org/curated/en/2012/09/17002722/bangladesh-towards-accelerated-inclusive-sustainable-growth-opportunities-challenges-vol-1-2-overview http://hdl.handle.net/10986/12288

Description
Summary:	In Bangladesh, growth needs to accelerate to absorb the burgeoning labor force and continue making dents in poverty. Such acceleration will require sustained growth in exports and remittances. It will also need an increase in investment both public and private. However, growth acceleration alone will not be enough to absorb the labor force. This will need an improvement in employment intensity of growth, and a further improvement in inclusiveness of service delivery. Moreover, to help ensure that growth acceleration is sustained, the ex-ante and ex-post effects of climate change will need to be addressed. Finally, urbanization offers opportunities to accelerate growth, but can also undermine it if not proactively managed. Bangladesh's Gross National Income (GNI) per capita more than tripled in the past two-and-a-half decades, from an average of US$251 in the 1980s to US$784 by 2011. This growth was accompanied by impressive progress in human development. Yet, after 40 years of independence, Bangladesh remains a low-income country with nearly 50 million people still impoverished and its economic growth potential under-exploited. It is therefore important to understand the drivers underpinning Bangladesh's growth process, what enabled the drivers to move Bangladesh forward, what its prospects are for graduating to middle-income country status by 2021, as envisaged in its sixth five-year plan, and what it would take to accelerate growth sufficiently to achieve this objective.

Bangladesh - Towards Accelerated, Inclusive and Sustainable Growth : Opportunities and Challenges, Volume 1. Overview

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