The Economic Development of Bangladesh in the Asian Century: Prospects and Perspectives

This book explores the macro-drivers of growth behind Bangladesh's economic development and examines the role of policy interventions in fostering sustained economic growth. It serves as a valuable resource for understanding how economic transformation can be strengthened through state-sponsored activities and promoting a culture of innovation.

Format: Paperback / softback
Length: 286 pages
Publication date: 30 May 2022
Publisher: Taylor & Francis Ltd

This captivating book delves into the intricate macro-drivers that fuel the remarkable economic development of Bangladesh. Few countries in the developing world have exhibited such an exhilarating promise of economic prosperity, captivating the attention of scholars and policymakers alike. The promising nature of the Bangladeshi economy raises thought-provoking questions about the potential link between effective governance and sustained economic growth. This insightful book takes a closer look at the strategic interventions at the macro level, specifically focusing on policy interventions.

By examining these interventions, the book aims to provide valuable insights into how economic transformation can be strengthened through state-sponsored activities and how states can cultivate a culture of innovation, which is widely recognized as one of the fundamental pillars of economic growth.

The book is organized into several chapters, each dedicated to exploring different aspects of macroeconomic development. The first chapter provides an overview of Bangladesh's economic history, highlighting the country's achievements and challenges in recent decades. This chapter sets the stage for the subsequent chapters, which delve deeper into the macro-drivers of growth and the policy interventions that have contributed to Bangladesh's success.

In the second chapter, the book explores the role of education in promoting economic growth. It discusses the importance of investing in human capital, improving access to quality education, and fostering a culture of innovation. The chapter highlights the efforts of the Bangladeshi government to expand access to education, particularly for women and marginalized communities, and discusses the impact of these initiatives on economic development.

The third chapter examines the role of infrastructure development in fostering economic growth. It discusses the importance of building robust transportation networks, energy infrastructure, and digital connectivity. The chapter highlights the government's efforts to invest in infrastructure development, including the construction of highways, power plants, and broadband networks, and discusses the impact of these investments on productivity, job creation, and economic growth.

The fourth chapter explores the role of foreign direct investment in promoting economic growth. It discusses the benefits of attracting foreign investment, including job creation, technology transfer, and capital inflows. The chapter highlights the government's efforts to attract foreign investment, including the establishment of special economic zones and the provision of incentives to investors.

The fifth chapter examines the role of government policies in promoting economic growth. It discusses the importance of implementing sound macroeconomic policies, such as fiscal discipline, monetary policy, and trade policy. The chapter highlights the government's efforts to implement these policies, including the implementation of structural reforms, the reduction of corruption, and the promotion of inclusive growth.

The sixth chapter explores the role of social development in promoting economic growth. It discusses the importance of addressing social inequalities, promoting gender equality, and ensuring social safety nets for vulnerable populations. The chapter highlights the government's efforts to address social development issues, including the provision of social welfare programs, the promotion of women's empowerment, and the reduction of poverty.

The final chapter summarizes the key findings of the book and offers recommendations for future policy interventions. It emphasizes the importance of continued investment in education, infrastructure development, foreign direct investment, and social development to promote sustained economic growth in Bangladesh.

In conclusion, this captivating book provides a comprehensive and insightful exploration of the macro-drivers of growth behind the economic development of Bangladesh. It offers valuable insights into the policy interventions that have contributed to the country's success and provides recommendations for future policy interventions to promote sustained economic growth. The book is a useful resource for scholars, policymakers, and anyone interested in understanding the factors that drive economic transformation in developing countries.

Dimension: 234 x 156 (mm)
ISBN-13: 9780367541965