{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

Economic growth in Bangladesh - experience and policy priorities

Economic growth in Bangladesh - experience and policy priorities

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
Economic growth in Bangladesh: experience and policy priorities ____________________________________________________________ The Liberation War of 1971 destroyed about a fifth of Bangladesh’s economy, and the post-war dislocations left the country on a slow growth trajectory for better part of two decades. Then the economy accelerated from 1990, driven by a remarkable turnaround in the growth of multi-factor productivity. We identify factors that inhibit another growth spurt: low levels of human capital; poor infrastructure; market failures specific to individual industries; low levels of international trade; corruption; and cumbersome regulations. Of these, we consider tackling infrastructure bottlenecks, promoting trade, and carrying out regulatory reforms as top priorities for the policymakers. __________________________________________________________________ Jyoti Rahman Drishtipat Writers’ Collective [email protected] Asif Yusuf Driven Partnership [email protected] We are grateful to Syeed Ahamed, Rumi Ahmed, Towfiqul Islam Khan, Naeem Mohaiemen, and Asif Saleh for their comments and suggestions. All errors are ours, and ours alone.
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon