Overview
- Identifies that the central challenge for Bangladesh’s services sector is to move from traditional, low value-added activities to modern, high value-added act
- Illustrates ways to promote and manage structural transformation processes to address all dimensions of sustainable development--economic, social and environmental
- Provides evidence that a transformative export-oriented industrialisation strategy could lead to a broad-based export structure
Part of the book series: South Asia Economic and Policy Studies (SAEP)
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Table of contents (9 chapters)
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Front Matter
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Back Matter
Keywords
About this book
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, servicessubsectors 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.
Authors and Affiliations
About the authors
Neaz Mujeri holds an MBA in Finance from Independent University Bangladesh and B Comm. in Business Management from Ryerson University in Canada. He is currently the Executive Director & CEO, of the Center for Research Initiatives in Dhaka, Bangladesh. In the past, he has worked in various positions in the Career Development and Employment Centre and the Students Union of the Ryerson University. He has also worked as Senior Economist in different research projects of the Research and Information System (RIS) in India and organisations in Dhaka.
Bibliographic Information
Book Title: Structural Transformation of Bangladesh Economy
Book Subtitle: A South Asian Perspective
Authors: Mustafa K. Mujeri, Neaz Mujeri
Series Title: South Asia Economic and Policy Studies
DOI: https://doi.org/10.1007/978-981-16-0764-6
Publisher: Springer Singapore
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 Singapore Pte Ltd. 2021
Hardcover ISBN: 978-981-16-0763-9Published: 19 March 2021
Softcover ISBN: 978-981-16-0766-0Published: 19 March 2022
eBook ISBN: 978-981-16-0764-6Published: 18 March 2021
Series ISSN: 2522-5502
Series E-ISSN: 2522-5510
Edition Number: 1
Number of Pages: XXV, 279
Number of Illustrations: 2 b/w illustrations, 16 illustrations in colour
Topics: Development Economics, Asian Economics, Economic Growth, Economic Policy, Economy-wide Country Studies, Governance and Government