Structural Change and Dynamics of Labor Markets in Bangladesh (South Asia Economic and Policy Studies) - Softcover

Book 3 of 10: South Asia Economic and Policy Studies
 
9789811347276: Structural Change and Dynamics of Labor Markets in Bangladesh (South Asia Economic and Policy Studies)
Softcover
ISBN 10: 9811347271 ISBN 13: 9789811347276
Publisher: Springer, 2019

Synopsis

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 itin 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.

"synopsis" may belong to another edition of this title.

About the Author

Dr. Selim Raihan is a Professor at the Department of Economics, University of Dhaka, Bangladesh and Executive Director of the South Asian Network on Economic Modeling (SANEM). His areas of interest include international trade and trade policy issues related to regional trading agreements, the WTO and domestic trade policies. He has extensive research experience in regional trade and development issues in South Asia, poverty and inequality issues, labor market issues, analysis of economic growth, political economy analysis of growth and development, and economic modeling.

From the Back Cover

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 itin 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.

"About this title" may belong to another edition of this title.

Publisher
Springer
Publication date
2019
Language
English
ISBN 10 
9811347271
ISBN 13 
9789811347276
Binding
Paperback
Number of pages
240
Editor
Raihan Selim

Other Popular Editions of the Same Title

9789811320705: Structural Change and Dynamics of Labor Markets in Bangladesh (South Asia Economic and Policy Studies)

Featured Edition

ISBN 10:  9811320705 ISBN 13:  9789811320705
Publisher: Springer, 2018
Hardcover