Bangladesh Poverty Assessment : Facing Old and New Frontiers in Poverty Reduction, Volume 2 Background Papers

Bangladesh has an inspiring story of reducing poverty and advancing development. Since 2000, the country has reduced poverty by half. In the last decade and a half, it lifted more than 25 million out of poverty. The country’s economy remained robus...

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Main Author: World Bank
Format: Report
Language:English
Published: World Bank, Washington, DC 2019
Subjects:
Online Access:http://documents.worldbank.org/curated/en/428911572583239007/Background-Papers
http://hdl.handle.net/10986/32755
id okr-10986-32755
recordtype oai_dc
spelling okr-10986-327552021-05-25T10:54:36Z Bangladesh Poverty Assessment : Facing Old and New Frontiers in Poverty Reduction, Volume 2 Background Papers World Bank POVERTY MEASUREMENT POVERTY TRENDS POVERTY REDUCTION URBAN POVERTY REGIONAL DEVELOPMENT FEMALE LABOR FORCE PARTICIPATION ENTREPRENEURSHIP EDUCATION SPENDING Bangladesh has an inspiring story of reducing poverty and advancing development. Since 2000, the country has reduced poverty by half. In the last decade and a half, it lifted more than 25 million out of poverty. The country’s economy remained robust and resilient even in the face of many challenges. All sectors of the economy have contributed to poverty reduction. This has been accompanied by enhanced human capital, lower fertility rates and increased life expectancy, which have also significantly contributed to increase households’ ability to earn more and exit poverty. Yet, behind this progress, there are emerging contrasts. As the country is rapidly urbanizing, its rural and urban areas did not experience the same level of poverty reduction. The rural areas reduced poverty impressively, accounting for 90 percent of the poverty reduction since 2010. But, in urban areas, progress has been slower and extreme poverty has not decreased. The country’s higher economic growth in the last decade has not led to a faster poverty reduction. Specially, poverty has stagnated and even increased in the Western divisions while the Eastern divisions fared better. This report highlights the need for both traditional and fresh solutions. To end extreme poverty by the next decade, Bangladesh will need to continue to build on its successes, such as family planning, educational attainments, and growth in agriculture and manufacturing. But at the same time, it will need solutions to overcome new and re-emerging frontiers of poverty reduction. 2019-12-03T20:58:27Z 2019-12-03T20:58:27Z 2019-10-31 Report http://documents.worldbank.org/curated/en/428911572583239007/Background-Papers http://hdl.handle.net/10986/32755 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Poverty Assessment South Asia Bangladesh
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic POVERTY MEASUREMENT
POVERTY TRENDS
POVERTY REDUCTION
URBAN POVERTY
REGIONAL DEVELOPMENT
FEMALE LABOR FORCE PARTICIPATION
ENTREPRENEURSHIP
EDUCATION SPENDING
spellingShingle POVERTY MEASUREMENT
POVERTY TRENDS
POVERTY REDUCTION
URBAN POVERTY
REGIONAL DEVELOPMENT
FEMALE LABOR FORCE PARTICIPATION
ENTREPRENEURSHIP
EDUCATION SPENDING
World Bank
Bangladesh Poverty Assessment : Facing Old and New Frontiers in Poverty Reduction, Volume 2 Background Papers
geographic_facet South Asia
Bangladesh
description Bangladesh has an inspiring story of reducing poverty and advancing development. Since 2000, the country has reduced poverty by half. In the last decade and a half, it lifted more than 25 million out of poverty. The country’s economy remained robust and resilient even in the face of many challenges. All sectors of the economy have contributed to poverty reduction. This has been accompanied by enhanced human capital, lower fertility rates and increased life expectancy, which have also significantly contributed to increase households’ ability to earn more and exit poverty. Yet, behind this progress, there are emerging contrasts. As the country is rapidly urbanizing, its rural and urban areas did not experience the same level of poverty reduction. The rural areas reduced poverty impressively, accounting for 90 percent of the poverty reduction since 2010. But, in urban areas, progress has been slower and extreme poverty has not decreased. The country’s higher economic growth in the last decade has not led to a faster poverty reduction. Specially, poverty has stagnated and even increased in the Western divisions while the Eastern divisions fared better. This report highlights the need for both traditional and fresh solutions. To end extreme poverty by the next decade, Bangladesh will need to continue to build on its successes, such as family planning, educational attainments, and growth in agriculture and manufacturing. But at the same time, it will need solutions to overcome new and re-emerging frontiers of poverty reduction.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Bangladesh Poverty Assessment : Facing Old and New Frontiers in Poverty Reduction, Volume 2 Background Papers
title_short Bangladesh Poverty Assessment : Facing Old and New Frontiers in Poverty Reduction, Volume 2 Background Papers
title_full Bangladesh Poverty Assessment : Facing Old and New Frontiers in Poverty Reduction, Volume 2 Background Papers
title_fullStr Bangladesh Poverty Assessment : Facing Old and New Frontiers in Poverty Reduction, Volume 2 Background Papers
title_full_unstemmed Bangladesh Poverty Assessment : Facing Old and New Frontiers in Poverty Reduction, Volume 2 Background Papers
title_sort bangladesh poverty assessment : facing old and new frontiers in poverty reduction, volume 2 background papers
publisher World Bank, Washington, DC
publishDate 2019
url http://documents.worldbank.org/curated/en/428911572583239007/Background-Papers
http://hdl.handle.net/10986/32755
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