Structural Change and Dynamics of Labor Markets in Bangladesh
Structural Change and Dynamics of Labor Markets in Bangladesh

Author: Selim Raihan

Publisher: Springer

Published: 2018-08-29

Total Pages: 229

ISBN-13: 9811320713

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Outlining important policy requirements for Bangladesh to become an upper middle-income country, the book presents research work conducted during the project “Changing Labor Markets in Bangladesh: Understanding Dynamics in Relation to Economic Growth and Poverty,” sponsored by the International Development Research Center (IDRC), Canada. Bangladesh has experienced remarkable economic growth rates over the last decade. The country has recently been upgraded from a low-income country (LIC) to a lower-middle-income country (LMIC) as per the World Bank’s classification system. By 2024, the country also aspires to graduate from the United Nation’s list of least developed countries (LDC). The 7th five-year plan sets an ambitious target of 8 percent growth in GDP by 2020. There are also steep development targets to be achieved under the Sustainable Development Goals (SDGs) by 2030. All these will require an enormous leap forward from the current level of economic growth rate and sustaining it in the future. The situation also calls for considerable structural change in the economy, facilitating large-scale economic diversification. Rapid expansion of labor-intensive and high-productivity sectors, both in the farm and nonfarm sectors, is thus crucial for Bangladesh. Further, this should take place in conjunction with interventions to enhance productivity, jobs and incomes in traditional and informal activities where there are large pools of surplus labor. Given its relevance for Bangladesh and applicability to many other developing countries, the book offers a unique and pioneering resource for researchers, industry watchers as well as policy makers.

Is the Bangladesh Paradox Sustainable?
Is the Bangladesh Paradox Sustainable?

Author: Selim Raihan

Publisher: Cambridge University Press

Published: 2023-09-30

Total Pages: 443

ISBN-13: 1009284703

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This book offers a novel approach to the role of institutions in development and applies it to Bangladesh with special attention to historical context and the political economy. It will interest development professionals in international and bilateral development agencies, policy-makers in developing countries; academics and graduate students.

State, Market and Society in an Emerging Economy
State, Market and Society in an Emerging Economy

Author: Quamrul Alam

Publisher: Taylor & Francis

Published: 2023-07-26

Total Pages: 412

ISBN-13: 1000906043

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The economic and social development that Bangladesh has achieved in the past two decades has made Bangladesh a development paradox. This book tries to explain this paradox through a political economy lens. The book explains the linkages between the state, changing society and emerging private sector, and examines whether the social transformation taking place in Bangladesh has the potential to live up to the expectations of a middle- income country. The early part of the book unravels the myriad relations between the state, society and market to project the aspirations of a newly independent nation. It analyzes how political turmoil, militarization of politics, politicization of institutions, reforms initiatives, industrial and social development policies, and the power nexus influenced the nature of the political economy of Bangladesh. The book goes on to examine how domestic appetite for capital and raw materials, the digital revolution, and the capacity of the local market to absorb expanded economic activities have created an environment that catalyzes innovation and entrepreneurship. The book also explains how the country has attempted to transform from an agrarian to a manufacturing- based economy, with rapid growth in the ready- made garment industry, pisciculture, pharmaceuticals and the ICT sector. Bangladesh’s journey from an emerging economy towards a developed country would interest those researching on development economics and those in policy making.

The Developer's Dilemma
The Developer's Dilemma

Author: Armida Salsiah Alisjahbana

Publisher: Oxford University Press

Published: 2023-02-09

Total Pages: 327

ISBN-13: 0192667564

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This is an open access title available under the terms of a CC BY-NC-SA 3.0 IGO licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. Developing countries seek economic development which is broad-based or inclusive in the sense that it raises the income of all, especially the poor. Yet this is at odds with Simon Kuznets' hypothesis that economic development tends to put upward pressure on income inequality, at least initially and in the absence of countervailing policies. The Developer's Dilemma explores this 'Kuznetsian tension' between structural transformation and income inequality. The book asks: what are the varieties of structural transformation that have been experienced in developing countries? What inequality dynamics are associated with each variety of structural transformation? And what policies have been utilized to manage trade-offs between structural transformation, income inequality, and inclusive growth? Across nine country cases written by academics across the Global South, this book answers these questions using a comparative case study approach with a common analytical framework and a set of common datasets. The intended intellectual contribution of the book is to provide a comparative analysis of the relationship between structural transformation, income inequality, and inclusive growth; to do so empirically at a regional and national level, and to draw conclusions about the varieties of structural transformation, their inequality dynamics, and the policies that have been employed to mediate the developer's dilemma.

Bangladesh Gender Equality Diagnostic of Selected Sectors
Bangladesh Gender Equality Diagnostic of Selected Sectors

Author: Asian Development Bank

Publisher: Asian Development Bank

Published: 2018-01-01

Total Pages: 176

ISBN-13: 9292610074

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Over the last two decades, Bangladesh has made progress in women's participation in the labor force, gender parity in primary education, and women's political representation. Areas of concern include the high prevalence of violence against women, obstacles to women's access to resources and assets, unequal terms of their labor engagement, and impact of their overwhelming responsibility for care work. The Government of Bangladesh has made policy commitments toward gender equality and established an institutional framework to fulfill these. This publication intends to support the government in its attempt to address persisting gender inequalities and gaps through a multisector approach across policies, programs, and projects. It provides insights into gender issues in urban; transport; energy; and skills, vocational, and tertiary education, and gives suggestions for strengthening gender mainstreaming in projects.

Urban Poetics and Politics in Contemporary South Asia and the Middle East
Urban Poetics and Politics in Contemporary South Asia and the Middle East

Author: Pourya Asl, Moussa

Publisher: IGI Global

Published: 2023-01-16

Total Pages: 354

ISBN-13: 166846652X

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In today’s world, it is crucial to understand how cities and urban spaces operate in order for them to continue to develop and improve. To ensure cities thrive, further study on past and current policies and practices is required to provide a thorough understanding. Urban Poetics and Politics in Contemporary South Asia and the Middle East examines the poetics and politics of city and urban spaces in contemporary South Asia and the Middle East and seeks to shed light on how individuals constitute, experience, and navigate urban spaces in everyday life. This book aims to initiate a multidisciplinary approach to the study of city life by engaging disciplines such as urban geography, gender studies, feminism, literary criticism, and human geography. Covering key topics such as racism, urban spaces, social inequality, and gender roles, this reference work is ideal for government officials, policymakers, researchers, scholars, practitioners, academicians, instructors, and students.

Labor Markets and Business Cycles
Labor Markets and Business Cycles

Author: Robert Shimer

Publisher: Princeton University Press

Published: 2010-04-12

Total Pages: 189

ISBN-13: 1400835232

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Labor Markets and Business Cycles integrates search and matching theory with the neoclassical growth model to better understand labor market outcomes. Robert Shimer shows analytically and quantitatively that rigid wages are important for explaining the volatile behavior of the unemployment rate in business cycles. The book focuses on the labor wedge that arises when the marginal rate of substitution between consumption and leisure does not equal the marginal product of labor. According to competitive models of the labor market, the labor wedge should be constant and equal to the labor income tax rate. But in U.S. data, the wedge is strongly countercyclical, making it seem as if recessions are periods when workers are dissuaded from working and firms are dissuaded from hiring because of an increase in the labor income tax rate. When job searches are time consuming and wages are flexible, search frictions--the cost of a job search--act like labor adjustment costs, further exacerbating inconsistencies between the competitive model and data. The book shows that wage rigidities can reconcile the search model with the data, providing a quantitatively more accurate depiction of labor markets, consumption, and investment dynamics. Developing detailed search and matching models, Labor Markets and Business Cycles will be the main reference for those interested in the intersection of labor market dynamics and business cycle research.

Sticky Feet
Sticky Feet

Author: Claire H. Hollweg

Publisher: World Bank Publications

Published: 2014-07-03

Total Pages: 123

ISBN-13: 1464802637

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This report quantifies labor mobility costs in developing countries and simulates the implied adjustment paths of employment and wages following a change in trade policy. High mobility costs are shown to reduce the potential gains to trade reform.

Youth Employment in Bangladesh
Youth Employment in Bangladesh

Author: Fahmida Khatun

Publisher: Springer Nature

Published: 2019-12-26

Total Pages: 196

ISBN-13: 9811517509

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This book brings together pioneering and evidence-based research that focuses on youth employment—one of the foremost development challenges of our time—and fills a critical research and knowledge gap alongside consolidating existing relevant literature. Comprehensive in scope, the book provides an overview of trends in youth employment in Bangladesh, empirically analyses the determinants of youth unemployment, covers relevant economic theory, and recommends policy measures for employment creation in Bangladesh. The new evidence from Bangladesh on the aforesaid issues will inform relevant and concurrent policy discourse, add value to related research in the field, and inspire future research. The insights gathered through this study will serve as an important lesson for other developing countries on what works and what does not in policy-making.