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2020 | OriginalPaper | Buchkapitel

3. Inclusive Growth in Bangladesh: Evidence and Issues

verfasst von : Towfiqul Islam Khan, Mostafa Amir Sabbih, Muntaseer Kamal

Erschienen in: Quest for Inclusive Growth in Bangladesh

Verlag: Springer Singapore

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Abstract

Bangladesh has been able to achieve noteworthy progress in terms of sustained economic growth, poverty alleviation and several other social indicators. Despite these being no mean achievement, the extent of inclusiveness of the attained growth still requires closer inspection. To this end, the present chapter attempts to assess Bangladesh’s progress over time in achieving inclusive growth through a set of indicators under seven broad pillars, viz. poverty and inequality, growth and structural transformation, employment, access to infrastructure and public services, health and education, gender equality, and governance and institutions. This exercise would help to assess and underscore the sources and foundations of inclusive growth, and to identify the binding constraints to future growth and its equitable sharing. Furthermore, this chapter provides a cross-country comparison with six other Asian countries to portray a comparative performance of Bangladesh. Finally, it presents a composite inclusive growth index that enables both cross-country and intertemporal assessment. Based on the findings, this paper has identified four priority areas to be acted upon for the attainment of inclusive growth in Bangladesh, i.e. employment; access to infrastructure and public services; access to education, health and social protection; and governance and institutions.

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Fußnoten
1
See Box 3.1 in Sect. 3.10 for details on the construct of the index.
 
2
Palma ratio is the ratio of the richest 10% of the population’s share of gross national income (GNI) divided by the share of the poorest 40%.
 
3
It has institutional implications, including the potential to have a larger proportion of the workforce covered by some degree of social protection.
 
4
Voice and accountability encapsulates perceptions regarding the degree to which citizens of a nation can take part in the government selection process, as well as freedom of expression, freedom of association and a free media; Government effectiveness delineates perceptions regarding public service quality, civil service quality and the extent of administrative liberty from political pressures; Political stability measures perceptions of the likelihood of political instability and/or politically-motivated violence, including terrorism; Regulatory quality captures opinions regarding the government’s ability to create and maintain a sound policy environment that facilitates private sector development; Rule of law portrays perceptions of the degree of people’s confidence in and willingness to follow the rules of society, and in particular, the quality of contract enforcement, property rights, the police, and the courts, as well as the likelihood of crime and violence; and Control of corruption captures assessment of the extent to which public power is misused for private gain, including both petty and grand forms of corruption, as well as capture of the state by elites and private interests.
 
5
These issues on the comparative performance of Bangladesh regarding governance and institutions, and their impact on growth and inclusion have been treated at length in Chap. 8.
 
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Zurück zum Zitat World Bank. (2017). Bangladesh Development Update. Dhaka: The World Bank Office, Bangladesh. World Bank. (2017). Bangladesh Development Update. Dhaka: The World Bank Office, Bangladesh.
Zurück zum Zitat Zaman, H., Narayan, A., & Kotikula, A. (2012). Are Bangladesh’s recent gains in poverty reduction different from the past? Bangladesh Development Studies, 35(1), 1–26. Zaman, H., Narayan, A., & Kotikula, A. (2012). Are Bangladesh’s recent gains in poverty reduction different from the past? Bangladesh Development Studies, 35(1), 1–26.
Metadaten
Titel
Inclusive Growth in Bangladesh: Evidence and Issues
verfasst von
Towfiqul Islam Khan
Mostafa Amir Sabbih
Muntaseer Kamal
Copyright-Jahr
2020
Verlag
Springer Singapore
DOI
https://doi.org/10.1007/978-981-15-7614-0_3

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