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2019 | OriginalPaper | Chapter

1. Energy: The Lifeblood of Bangladesh Economy

Energy Is a Key Factor in Achieving Sustainable Development in Bangladesh

Authors: Sakib Bin Amin, Saanjaana Rahman

Published in: Energy Resources in Bangladesh

Publisher: Springer International Publishing

Abstract

The indispensable role of energy, a global commodity, in shaping the world economy has also been widely acknowledged. Energy enhances the productivity of other non-energy factors of production and also contributes towards improvement in the living standard of the people, apart from playing its ultimate role in dictating the development process within an economy. It is a prime task for a growing economy like Bangladesh to tap all possible options that are optimal for its energy sector‘s development and to do so; the economic policies have to be focused explicitly on accurate identification of the appropriate reform strategies to maximise the benefits from energy sector development. The development of power and energy sector will not only elevate the economy to a higher status but also upsurge productivity and efficiency that will boost the overall economic achievement of Bangladesh.

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next chapter Energy Options in Bangladesh: A Review

Amin, S. B. (2015). The macroeconomics of energy price shocks and electricity market reforms: The case of Bangladesh. Ph.D. thesis. Durham University, Durham. Available at Durham E-Thesis http://etheses.dur.ac.uk/11241/.

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Title: Energy: The Lifeblood of Bangladesh Economy
Authors: Sakib Bin Amin
Saanjaana Rahman
Publisher: Springer International Publishing
Book: Energy Resources in Bangladesh
Print ISBN: 978-3-030-02918-0

Electronic ISBN: 978-3-030-02919-7

Copyright Year: 2019
DOI: https://doi.org/10.1007/978-3-030-02919-7_1

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