Bangladesh : Strategy for Sustained Growth, Volume 2. Main Report

The premise of the report on a strategy for sustained growth is that Bangladesh, could join the ranks of middle-income countries (MICs) within a decade by 2016 or some time soon after. It has the necessary assets: much-improved economic fundamental...

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Bibliographic Details
Main Author: World Bank
Format: General Economy, Macroeconomics and Growth Study
Language:English
Published: Washington, DC 2012
Subjects:
CAR
GDP
TAX
WTO
Online Access:http://documents.worldbank.org/curated/en/2007/06/7959221/bangladesh-strategy-sustained-growth-vol-2-2-main-report
http://hdl.handle.net/10986/7766
id okr-10986-7766
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ACCOUNTABILITY
ACCOUNTING
AGRICULTURE
AUDITING
AUDITORS
AUDITS
AUTONOMY
AVERAGE LEVEL
BANKING SECTOR
BANKING SECTOR REFORMS
BILATERAL TRADE
BOTTLENECKS
BUSINESS ENVIRONMENT
CAPITAL ADEQUACY
CAPITAL MARKETS
CAR
CENTRALIZATION
CITIZEN
CITIZENS
CITY MANAGEMENT
CIVIL SERVICE
COMMERCIAL BANKS
COMMERCIAL BORROWING
COMPARATIVE ADVANTAGE
COMPETITIVE ADVANTAGE
COMPETITIVENESS
CONSUMER PRICE INDEX
CORE GOVERNANCE
CORPORATE GOVERNANCE
CORRUPTION
COUNTRY COMPARISONS
CRIME
DEBT
DEFICITS
DEPOSIT INSURANCE
DEREGULATION
DEVELOPMENT BANKS
DEVOLUTION
DIESEL
DIESEL ENGINES
DIRECT INVESTMENT
ECONOMIC ACTIVITY
ECONOMIC EXPANSION
ECONOMIC GROWTH
ECONOMIC INTEGRATION
ECONOMIC PERFORMANCE
ECONOMIC RELATIONS
ECONOMIC RISKS
ECONOMIC SECTORS
ECONOMIC VALUE
ELECTRICITY
ENTREPRENEURSHIP
EXCESS DEMAND
EXCHANGE RATES
EXPORTS
FINANCIAL ACCOUNTABILITY
FINANCIAL DEREGULATION
FINANCIAL INSTITUTIONS
FINANCIAL SECTOR
FINANCIAL SECTOR REFORMS
FISCAL MANAGEMENT
FOREIGN INVESTORS
FREE TRADE
GAS PRICES
GDP
GENERALIZED SYSTEM OF PREFERENCES
GOOD GOVERNANCE
GOVERNANCE PROBLEMS
GROSS DOMESTIC PRODUCT
GROWTH RATE
GROWTH RATES
HOUSING
HUMAN CAPITAL
HUMAN DEVELOPMENT
INCOME
INCOME GROWTH
INFLATION
INFLATION RATES
INFRASTRUCTURE DEVELOPMENT
INLAND WATERWAYS
INSPECTION
INSTITUTIONAL ARRANGEMENTS
INSTITUTIONAL REFORMS
INTEREST RATE
INTEREST RATES
INTERNATIONAL DEVELOPMENT
INVESTMENT CLIMATE
KNOWLEDGE ECONOMY
LABOR UNIONS
LAWS
LEVIES
LICENSES
LIVING STANDARDS
LOAN CLASSIFICATION
LOCAL AUTONOMY
LOCAL GOVERNMENT
LOCAL GOVERNMENTS
LONG-DISTANCE
LOW TARIFFS
MACROECONOMIC MANAGEMENT
MACROECONOMIC STABILITY
METROPOLITAN AREAS
MICROFINANCE
MONETARY POLICY
MUNICIPAL DEVELOPMENT
NATIONAL INCOME
NEW ENTRANTS
OPERATING COSTS
PEAK DEMAND
PENALTIES
PERFORMANCE MEASURES
POLICE
POLITICAL INFLUENCE
POLITICAL INTERFERENCE
POLITICAL LEADERSHIP
POOR MANAGEMENT
POPULATION GROWTH
PORT AUTHORITY
PRIVATE BANKS
PRIVATE COMMERCIAL BANKS
PRIVATE SECTOR
PRIVATIZATION
PRODUCTIVITY
PROVISIONING
PRUDENTIAL REGULATIONS
PUBLIC
PUBLIC DEBT
PUBLIC EXPENDITURE
PUBLIC INVESTMENT
PUBLIC INVESTMENTS
PUBLIC RESOURCES
PUBLIC SECTOR
PUBLIC SERVICES
PUBLIC SPENDING
PURCHASING POWER
PURCHASING POWER PARITY
RAILWAY
REBATES
REGIONAL TRANSPORT
REGIONAL TRANSPORTATION
REGULATORY QUALITY
REVENUE MOBILIZATION
REVENUE SOURCES
ROAD
ROADS
SAFETY
SAVINGS
SAVINGS SCHEMES
SOCIAL DEVELOPMENT
SOCIAL POLICIES
SOCIAL PROGRAMS
SOUTH ASIAN
TAX
TAX COLLECTION
TAX REGIME
TELECOMMUNICATIONS
TOTAL FACTOR PRODUCTIVITY
TRADE LIBERALIZATION
TRADE REFORMS
TRADE UNIONS
TRAFFIC
TRAFFIC CONGESTION
TRANSPARENCY
TRANSPORT
TRANSPORT INFRASTRUCTURE
TRANSPORTATION
TRANSPORTATION FACILITIES
UNBUNDLING GOVERNANCE
UNEMPLOYMENT
UNEMPLOYMENT RATE
URBAN CONGESTION
URBAN DEVELOPMENT
URBAN MANAGEMENT
URBANIZATION
VALUE ADDED
VESTED INTERESTS
WAGES
WORLD TRADE ORGANIZATION
WTO
spellingShingle ACCOUNTABILITY
ACCOUNTING
AGRICULTURE
AUDITING
AUDITORS
AUDITS
AUTONOMY
AVERAGE LEVEL
BANKING SECTOR
BANKING SECTOR REFORMS
BILATERAL TRADE
BOTTLENECKS
BUSINESS ENVIRONMENT
CAPITAL ADEQUACY
CAPITAL MARKETS
CAR
CENTRALIZATION
CITIZEN
CITIZENS
CITY MANAGEMENT
CIVIL SERVICE
COMMERCIAL BANKS
COMMERCIAL BORROWING
COMPARATIVE ADVANTAGE
COMPETITIVE ADVANTAGE
COMPETITIVENESS
CONSUMER PRICE INDEX
CORE GOVERNANCE
CORPORATE GOVERNANCE
CORRUPTION
COUNTRY COMPARISONS
CRIME
DEBT
DEFICITS
DEPOSIT INSURANCE
DEREGULATION
DEVELOPMENT BANKS
DEVOLUTION
DIESEL
DIESEL ENGINES
DIRECT INVESTMENT
ECONOMIC ACTIVITY
ECONOMIC EXPANSION
ECONOMIC GROWTH
ECONOMIC INTEGRATION
ECONOMIC PERFORMANCE
ECONOMIC RELATIONS
ECONOMIC RISKS
ECONOMIC SECTORS
ECONOMIC VALUE
ELECTRICITY
ENTREPRENEURSHIP
EXCESS DEMAND
EXCHANGE RATES
EXPORTS
FINANCIAL ACCOUNTABILITY
FINANCIAL DEREGULATION
FINANCIAL INSTITUTIONS
FINANCIAL SECTOR
FINANCIAL SECTOR REFORMS
FISCAL MANAGEMENT
FOREIGN INVESTORS
FREE TRADE
GAS PRICES
GDP
GENERALIZED SYSTEM OF PREFERENCES
GOOD GOVERNANCE
GOVERNANCE PROBLEMS
GROSS DOMESTIC PRODUCT
GROWTH RATE
GROWTH RATES
HOUSING
HUMAN CAPITAL
HUMAN DEVELOPMENT
INCOME
INCOME GROWTH
INFLATION
INFLATION RATES
INFRASTRUCTURE DEVELOPMENT
INLAND WATERWAYS
INSPECTION
INSTITUTIONAL ARRANGEMENTS
INSTITUTIONAL REFORMS
INTEREST RATE
INTEREST RATES
INTERNATIONAL DEVELOPMENT
INVESTMENT CLIMATE
KNOWLEDGE ECONOMY
LABOR UNIONS
LAWS
LEVIES
LICENSES
LIVING STANDARDS
LOAN CLASSIFICATION
LOCAL AUTONOMY
LOCAL GOVERNMENT
LOCAL GOVERNMENTS
LONG-DISTANCE
LOW TARIFFS
MACROECONOMIC MANAGEMENT
MACROECONOMIC STABILITY
METROPOLITAN AREAS
MICROFINANCE
MONETARY POLICY
MUNICIPAL DEVELOPMENT
NATIONAL INCOME
NEW ENTRANTS
OPERATING COSTS
PEAK DEMAND
PENALTIES
PERFORMANCE MEASURES
POLICE
POLITICAL INFLUENCE
POLITICAL INTERFERENCE
POLITICAL LEADERSHIP
POOR MANAGEMENT
POPULATION GROWTH
PORT AUTHORITY
PRIVATE BANKS
PRIVATE COMMERCIAL BANKS
PRIVATE SECTOR
PRIVATIZATION
PRODUCTIVITY
PROVISIONING
PRUDENTIAL REGULATIONS
PUBLIC
PUBLIC DEBT
PUBLIC EXPENDITURE
PUBLIC INVESTMENT
PUBLIC INVESTMENTS
PUBLIC RESOURCES
PUBLIC SECTOR
PUBLIC SERVICES
PUBLIC SPENDING
PURCHASING POWER
PURCHASING POWER PARITY
RAILWAY
REBATES
REGIONAL TRANSPORT
REGIONAL TRANSPORTATION
REGULATORY QUALITY
REVENUE MOBILIZATION
REVENUE SOURCES
ROAD
ROADS
SAFETY
SAVINGS
SAVINGS SCHEMES
SOCIAL DEVELOPMENT
SOCIAL POLICIES
SOCIAL PROGRAMS
SOUTH ASIAN
TAX
TAX COLLECTION
TAX REGIME
TELECOMMUNICATIONS
TOTAL FACTOR PRODUCTIVITY
TRADE LIBERALIZATION
TRADE REFORMS
TRADE UNIONS
TRAFFIC
TRAFFIC CONGESTION
TRANSPARENCY
TRANSPORT
TRANSPORT INFRASTRUCTURE
TRANSPORTATION
TRANSPORTATION FACILITIES
UNBUNDLING GOVERNANCE
UNEMPLOYMENT
UNEMPLOYMENT RATE
URBAN CONGESTION
URBAN DEVELOPMENT
URBAN MANAGEMENT
URBANIZATION
VALUE ADDED
VESTED INTERESTS
WAGES
WORLD TRADE ORGANIZATION
WTO
World Bank
Bangladesh : Strategy for Sustained Growth, Volume 2. Main Report
geographic_facet South Asia
Bangladesh
description The premise of the report on a strategy for sustained growth is that Bangladesh, could join the ranks of middle-income countries (MICs) within a decade by 2016 or some time soon after. It has the necessary assets: much-improved economic fundamentals; success in implementing many first-generation reforms; a young, rapidly growing labor force; and an established entrepreneurial culture. To pick up pace in the development marathon, Bangladesh will need to deepen its industrial base, further its economic integration with global markets, and unleash the growth potentials of its major urban centers, Dhaka especially. Reform measures essential to these objectives include continuing macroeconomic stability, with emphasis on strengthening tax mobilization and tackling energy sector losses; deepening financial sector and external trade reforms; and rebalancing the policy focus toward hitherto neglected structural areas - economic governance, urban management, infrastructure (especially power sector, ports, and transportation), and labor skills - that are especially important for strengthening factor productivity. Progress in these and other areas can bring the kind of sustained, rapid growth which the government has put at the center of its poverty-reduction strategy. The report stresses that economic growth has proven to be the most potent force in the fight against poverty. Despite serious weaknesses in governance, corruption most notably, Bangladesh has achieved good growth since 1990. The study concludes that Bangladesh's challenge is not to jumpstart growth but to maintain and, to the extent possible, accelerate it.
format Economic & Sector Work :: General Economy, Macroeconomics and Growth Study
author World Bank
author_facet World Bank
author_sort World Bank
title Bangladesh : Strategy for Sustained Growth, Volume 2. Main Report
title_short Bangladesh : Strategy for Sustained Growth, Volume 2. Main Report
title_full Bangladesh : Strategy for Sustained Growth, Volume 2. Main Report
title_fullStr Bangladesh : Strategy for Sustained Growth, Volume 2. Main Report
title_full_unstemmed Bangladesh : Strategy for Sustained Growth, Volume 2. Main Report
title_sort bangladesh : strategy for sustained growth, volume 2. main report
publisher Washington, DC
publishDate 2012
url http://documents.worldbank.org/curated/en/2007/06/7959221/bangladesh-strategy-sustained-growth-vol-2-2-main-report
http://hdl.handle.net/10986/7766
_version_ 1764403982402322432
spelling okr-10986-77662021-04-23T14:02:37Z Bangladesh : Strategy for Sustained Growth, Volume 2. Main Report World Bank ACCOUNTABILITY ACCOUNTING AGRICULTURE AUDITING AUDITORS AUDITS AUTONOMY AVERAGE LEVEL BANKING SECTOR BANKING SECTOR REFORMS BILATERAL TRADE BOTTLENECKS BUSINESS ENVIRONMENT CAPITAL ADEQUACY CAPITAL MARKETS CAR CENTRALIZATION CITIZEN CITIZENS CITY MANAGEMENT CIVIL SERVICE COMMERCIAL BANKS COMMERCIAL BORROWING COMPARATIVE ADVANTAGE COMPETITIVE ADVANTAGE COMPETITIVENESS CONSUMER PRICE INDEX CORE GOVERNANCE CORPORATE GOVERNANCE CORRUPTION COUNTRY COMPARISONS CRIME DEBT DEFICITS DEPOSIT INSURANCE DEREGULATION DEVELOPMENT BANKS DEVOLUTION DIESEL DIESEL ENGINES DIRECT INVESTMENT ECONOMIC ACTIVITY ECONOMIC EXPANSION ECONOMIC GROWTH ECONOMIC INTEGRATION ECONOMIC PERFORMANCE ECONOMIC RELATIONS ECONOMIC RISKS ECONOMIC SECTORS ECONOMIC VALUE ELECTRICITY ENTREPRENEURSHIP EXCESS DEMAND EXCHANGE RATES EXPORTS FINANCIAL ACCOUNTABILITY FINANCIAL DEREGULATION FINANCIAL INSTITUTIONS FINANCIAL SECTOR FINANCIAL SECTOR REFORMS FISCAL MANAGEMENT FOREIGN INVESTORS FREE TRADE GAS PRICES GDP GENERALIZED SYSTEM OF PREFERENCES GOOD GOVERNANCE GOVERNANCE PROBLEMS GROSS DOMESTIC PRODUCT GROWTH RATE GROWTH RATES HOUSING HUMAN CAPITAL HUMAN DEVELOPMENT INCOME INCOME GROWTH INFLATION INFLATION RATES INFRASTRUCTURE DEVELOPMENT INLAND WATERWAYS INSPECTION INSTITUTIONAL ARRANGEMENTS INSTITUTIONAL REFORMS INTEREST RATE INTEREST RATES INTERNATIONAL DEVELOPMENT INVESTMENT CLIMATE KNOWLEDGE ECONOMY LABOR UNIONS LAWS LEVIES LICENSES LIVING STANDARDS LOAN CLASSIFICATION LOCAL AUTONOMY LOCAL GOVERNMENT LOCAL GOVERNMENTS LONG-DISTANCE LOW TARIFFS MACROECONOMIC MANAGEMENT MACROECONOMIC STABILITY METROPOLITAN AREAS MICROFINANCE MONETARY POLICY MUNICIPAL DEVELOPMENT NATIONAL INCOME NEW ENTRANTS OPERATING COSTS PEAK DEMAND PENALTIES PERFORMANCE MEASURES POLICE POLITICAL INFLUENCE POLITICAL INTERFERENCE POLITICAL LEADERSHIP POOR MANAGEMENT POPULATION GROWTH PORT AUTHORITY PRIVATE BANKS PRIVATE COMMERCIAL BANKS PRIVATE SECTOR PRIVATIZATION PRODUCTIVITY PROVISIONING PRUDENTIAL REGULATIONS PUBLIC PUBLIC DEBT PUBLIC EXPENDITURE PUBLIC INVESTMENT PUBLIC INVESTMENTS PUBLIC RESOURCES PUBLIC SECTOR PUBLIC SERVICES PUBLIC SPENDING PURCHASING POWER PURCHASING POWER PARITY RAILWAY REBATES REGIONAL TRANSPORT REGIONAL TRANSPORTATION REGULATORY QUALITY REVENUE MOBILIZATION REVENUE SOURCES ROAD ROADS SAFETY SAVINGS SAVINGS SCHEMES SOCIAL DEVELOPMENT SOCIAL POLICIES SOCIAL PROGRAMS SOUTH ASIAN TAX TAX COLLECTION TAX REGIME TELECOMMUNICATIONS TOTAL FACTOR PRODUCTIVITY TRADE LIBERALIZATION TRADE REFORMS TRADE UNIONS TRAFFIC TRAFFIC CONGESTION TRANSPARENCY TRANSPORT TRANSPORT INFRASTRUCTURE TRANSPORTATION TRANSPORTATION FACILITIES UNBUNDLING GOVERNANCE UNEMPLOYMENT UNEMPLOYMENT RATE URBAN CONGESTION URBAN DEVELOPMENT URBAN MANAGEMENT URBANIZATION VALUE ADDED VESTED INTERESTS WAGES WORLD TRADE ORGANIZATION WTO The premise of the report on a strategy for sustained growth is that Bangladesh, could join the ranks of middle-income countries (MICs) within a decade by 2016 or some time soon after. It has the necessary assets: much-improved economic fundamentals; success in implementing many first-generation reforms; a young, rapidly growing labor force; and an established entrepreneurial culture. To pick up pace in the development marathon, Bangladesh will need to deepen its industrial base, further its economic integration with global markets, and unleash the growth potentials of its major urban centers, Dhaka especially. Reform measures essential to these objectives include continuing macroeconomic stability, with emphasis on strengthening tax mobilization and tackling energy sector losses; deepening financial sector and external trade reforms; and rebalancing the policy focus toward hitherto neglected structural areas - economic governance, urban management, infrastructure (especially power sector, ports, and transportation), and labor skills - that are especially important for strengthening factor productivity. Progress in these and other areas can bring the kind of sustained, rapid growth which the government has put at the center of its poverty-reduction strategy. The report stresses that economic growth has proven to be the most potent force in the fight against poverty. Despite serious weaknesses in governance, corruption most notably, Bangladesh has achieved good growth since 1990. The study concludes that Bangladesh's challenge is not to jumpstart growth but to maintain and, to the extent possible, accelerate it. 2012-06-11T22:19:09Z 2012-06-11T22:19:09Z 2007-06-26 http://documents.worldbank.org/curated/en/2007/06/7959221/bangladesh-strategy-sustained-growth-vol-2-2-main-report http://hdl.handle.net/10986/7766 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: General Economy, Macroeconomics and Growth Study Economic & Sector Work South Asia Bangladesh