Overview
Addresses the long-run development prospects of Bangladesh
Identifies concrete risks and challenges to Bangladesh's 2040 agenda and transition to the status of a developed economy
Uses economic, historical, social and political analyses
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Table of contents (5 chapters)
Keywords
About this book
–Fakhruddin Ahmed, former Governor of the Central Bank of Bangladesh
“Policy makers and general readers including specialists would find this lucid analysis very useful.”
– Nurul Islam, Deputy Chairman of the First Planning commission of Bangladesh
“The author provides both valuable caution and useful guides to everyone interested in Bangladesh’s economic future.”
– Salim Rashid, Emeritus Professor of Economics, University of Illinois, USA
This book examines the recent emergence of Bangladesh as one of the fastest growing economies in the world. Identified by Goldman Sachs as being on a meteoric economic rise, the country has dwarfed India in social improvement also. Attempting to build on these successes, the Bangladeshi government has set the ambitious aim of attaining the status of fully developed country by 2041. This study identifies the trifecta of major risks which could derail Bangladesh’s upwards trajectory: the rapid development of robotics and artificial development, the uncertain political and economic global landscape, and the constant threat of climate change and natural disasters. In order to stay on track, the government will need to address various social, political, policy and institutional challenges facing the economy, including poor governance, inadequate physical infrastructure, skill and educational bottlenecks, demographic burden, dwindling social capital and lack of transformational leadership.
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Bibliographic Information
Book Title: Bangladesh's Road to Long-term Economic Prosperity
Book Subtitle: Risks and Challenges
Authors: M. G. Quibria
DOI: https://doi.org/10.1007/978-3-030-11587-6
Publisher: Palgrave Pivot Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG, part of Springer Nature 2019
Hardcover ISBN: 978-3-030-11586-9Published: 01 March 2019
eBook ISBN: 978-3-030-11587-6Published: 19 February 2019
Edition Number: 1
Number of Pages: XVII, 130
Number of Illustrations: 7 b/w illustrations
Topics: Development Economics, Asian Economics, Economic Policy