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Structural Transformation of Bangladesh Economy = A South Asian Perspective /

Record Type:	Language materials, printed : Monograph/item
Title/Author:	Structural Transformation of Bangladesh Economy/ by Mustafa K. Mujeri, Neaz Mujeri.
Reminder of title:	A South Asian Perspective /
Author:	Mujeri, Mustafa K.
other author:	Mujeri, Neaz.
Description:	XXV, 279 p. 18 illus., 16 illus. in color.online resource. :
Contained By:	Springer Nature eBook
Subject:	Development economics. -
Online resource:	https://doi.org/10.1007/978-981-16-0764-6
ISBN:	9789811607646

Structural Transformation of Bangladesh Economy = A South Asian Perspective /
Mujeri, Mustafa K.

Structural Transformation of Bangladesh EconomyA South Asian Perspective /[electronic resource] :by Mustafa K. Mujeri, Neaz Mujeri. - 1st ed. 2021. - XXV, 279 p. 18 illus., 16 illus. in color.online resource. - South Asia Economic and Policy Studies,2522-5510. - South Asia Economic and Policy Studies,.

Introduction -- Structural Transformation: Theory and Global Evidence -- Structural Transformation in South Asia: An Overview -- Structural Transformation: Macro Characteristics in Bangladesh -- Bangladesh’s Rural Transformation -- Industrial Transformation in Bangladesh.

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.

ISBN: 9789811607646

Standard No.: 10.1007/978-981-16-0764-6doiSubjects--Topical Terms:

577196
Development economics.

LC Class. No.: HD72-88

Dewey Class. No.: 338.9

Structural Transformation of Bangladesh Economy = A South Asian Perspective /
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