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Using Input-Output Analysis Framework to Explain Economic Diversification and Structural Transformation in Bangladesh

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Release : 2017
Genre :
Kind : eBook
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Book Synopsis Using Input-Output Analysis Framework to Explain Economic Diversification and Structural Transformation in Bangladesh by : Valerie Mercer-Blackman

Download or read book Using Input-Output Analysis Framework to Explain Economic Diversification and Structural Transformation in Bangladesh written by Valerie Mercer-Blackman. This book was released on 2017. Available in PDF, EPUB and Kindle. Book excerpt: Existing literature on economic growth and structural change relies on trade data to make pronouncements about a country's competitiveness and long-term growth prospects through the acquisition of capabilities. However, insufficient data give us a limited view of what is happening within the domestic economy, and how the development of manufacturing through links in the production process leads to the export of intermediate or final products. Using input-output data, this paper devises an agglomeration indicator to measure economic diversification and to compare Bangladesh with other key economies. In the process, we shed light on the symbiotic relationship between manufacturing and services as the country develops. Despite Bangladesh's astounding growth over the past 15 years, diversification has been somewhat slower than expected for its level of development.

Structural Transformation of Bangladesh Economy

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

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Book Synopsis Structural Transformation of Bangladesh Economy by : Mustafa K. Mujeri

Download or read book Structural Transformation of Bangladesh Economy written by Mustafa K. Mujeri. This book was released on 2021-03-18. Available in PDF, EPUB and Kindle. Book excerpt: 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’s Participation in Trade and Global Value Chain

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Release : 2023-04-01
Genre : Business & Economics
Kind : eBook
Book Rating : 126/5 ( reviews)

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Book Synopsis Transforming Bangladesh’s Participation in Trade and Global Value Chain by : Asian Development Bank

Download or read book Transforming Bangladesh’s Participation in Trade and Global Value Chain written by Asian Development Bank. This book was released on 2023-04-01. Available in PDF, EPUB and Kindle. Book excerpt: Textiles and textile products dominate Bangladesh’s exports and participation in global value chains. However, such concentration poses risks to the economy. This report highlights that diversification into other sectors will be important to promote export-led growth. It explores how Bangladesh can build on its recent economic success by unlocking productivity gains from technology adoption, narrowing the digital divide, and expanding participation in global value chains. It identifies high-potential industries with deeper domestic linkages that offer opportunities to broaden the base of economic growth.

Structural Transformation of Bangladesh Economy

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Author :
Release : 2022-03-19
Genre : Business & Economics
Kind : eBook
Book Rating : 660/5 ( reviews)

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Book Synopsis Structural Transformation of Bangladesh Economy by : Mustafa K. Mujeri

Download or read book Structural Transformation of Bangladesh Economy written by Mustafa K. Mujeri. This book was released on 2022-03-19. Available in PDF, EPUB and Kindle. Book excerpt: 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.

The Structure of the Bangladesh Economy

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Author :
Release : 1980
Genre : Bangladesh
Kind : eBook
Book Rating : /5 ( reviews)

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Book Synopsis The Structure of the Bangladesh Economy by :

Download or read book The Structure of the Bangladesh Economy written by . This book was released on 1980. Available in PDF, EPUB and Kindle. Book excerpt:

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