Numbers and narratives in Bangladesh's economic development / / Rashed Al Mahmud Titumir

• Record Nr.: UNINA9910485014003321
• Autore: Titumir Rashed A. M.
• Pubbl/distr/stampa: Singapore : , : Palgrave Macmillan, , [2021]; ©2021
• ISBN: 981-16-0658-7
• Descrizione fisica: 1 online resource (xxxv, 245 pages) : illustrations
• Disciplina: 338.95492
• Soggetti: Economic development - Bangladesh; Electronic books.; Bangladesh Economic conditions; Bangladesh Social conditions
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Nota di bibliografia: Includes bibliographical references and index.
• Nota di contenuto: Intro -- Preface and Acknowledgements -- Introduction -- Introducing the Framework -- Scope of the book -- Contents -- Abbreviations -- List of Figures -- List of Tables -- 1 Economic Growth in Bangladesh -- Introduction -- Stability Conditions -- Labour Utilisation and Migration -- Consumption-Led Growth from Shifts in the Labour Force -- Incongruent Improvements in the Social Sector -- Jobless Growth -- Higher Concentration in Informal Employment -- Stagnant Investment and Savings -- Declining Capacity of Public Spending -- Weak Revenue Collection -- Regressive Tax Structure -- Institutional Weakness in Public Spending -- Discrepancies in Accounting Methodology -- Covid-19 and Risks -- Transformability Conditions -- Political Settlement -- Competitive Clientelism -- Investment in Human Capital -- Productive Expansion -- Sustainability Conditions -- Institutions for Conservation of Natural Resources -- Growth and the Environment -- Concluding Remarks -- References -- 2 Agriculture in Bangladesh -- Introduction -- Stability Conditions -- Fragility in Food Security -- Slow Rate of Structural Transformation -- Increasing Land Fragmentation -- Overuse of Fertilisers -- Differential Access to Credit -- Declining Agricultural Productivity with Concentrated Output Basket ; -- Low Utilisation of Technology -- Loss from Covid-19 -- Transformability Conditions -- Diversification of Output -- Integrated Irrigation -- Optimum Use of Fertilisers -- Formalising Credit -- Mechanisation in Harvesting -- Integrated Agricultural Marketing System -- Sustainability Conditions -- Sustainable Irrigation Methods -- Shifting Towards Bio-Fertilisers -- Diversification Towards Cash Crops -- Concluding Remarks -- References -- 3 Manufacturing Industry of Bangladesh -- Introduction -- Stability Conditions -- Production Capacity -- A Decelerating Trend.; A Below Mark Productivity -- A Narrow Product Basket -- Regulatory Uncertainty and Lack of Transparency -- Transitional Challenges from LDC to a DC -- Market Diversification -- Concentration in Export Market -- Employment Generation -- A Dominant Informal Sector -- Technological Catch-Up -- COVID-19: A Havoc in the Manufacturing Industry -- Transformability Conditions -- Increasing Competitiveness -- Augmentation of Technological Deepening -- Dual Circulation and Market Diversification -- Clean Production -- Sustainability Conditions -- Circular Production -- Equalising Returns -- Whole of Society -- Concluding Remarks -- References -- 4 Financial Sector of Bangladesh -- Introduction -- Banking Sector: A Framework -- Stability Conditions -- Deterioration in Quality and Soundness -- Capital Adequacy Ratio -- Non-Performing Loans (NPLs) -- Non-Performing Assets (NPAs) -- Rescheduled Loans -- Shortfalls in Access and Functioning -- Domestic Credit -- Credit to Private Sector -- Branches of Banks -- Net Foreign Assets -- Transformability Conditions -- Performance and Profitability -- Return on Assets (RoA) -- Return on Equity (RoE) -- Net Interest Margin (NIM) -- Regulatory Reforms for Reversing the Trends -- Sustainability Conditions -- Diversification of Investment Portfolio -- Strengthened Policies for Risk Management -- Capital Market: A Framework -- Stability Conditions -- Size of the Market -- Market Capitalisation Ratio -- Turnover Ratio -- Trade by Foreign Investors -- Access to the Market -- Concentration in the Market -- Transformability Conditions -- Efficiency of the Market -- Risk Control Mechanisms -- Volatility of the Market -- Price-Earnings (P/E) Ratio -- Sustainability Conditions -- Linking the Banking Sector and Stock Market -- Growing Importance of Financial Sector in Pandemic Era -- Concluding Remarks -- References.; 5 Education in Bangladesh -- Introduction -- Stability Conditions -- Increasing Access to Education -- Low Skill Formation and Innovation -- Waning Citizenship Education -- Disruptions Caused by the COVID-19 Pandemic -- Transformability Conditions -- Augmenting Secondary Education -- Vocational and Technical Education for Skilled Workforce -- Emphasis on Tertiary Education -- Quality Provisioning -- Access to Educational Infrastructure -- Sustainability Conditions -- Concluding Remarks -- References -- 6 Health in Bangladesh -- Introduction -- Stability Conditions -- Low Public Expenditure -- Inequality in Health Outcomes and Access -- High Out of Pocket Expenditure (OOP) -- Transformability Conditions -- Budget Allocation for Universal Healthcare -- Ensuring Universal Healthcare System -- Sustainability Conditions -- Moving Towards Quality Health Service -- Capacity to Absorb Shocks: Healthcare During the COVID-19 Pandemic -- Concluding Remarks -- References -- 7 Poverty and Inequality in Bangladesh -- Introduction -- Stability Conditions -- Slow Reduction -- Persistent Regional Differences -- New Poor Due to COVID-19 -- Inadequate Investment in Education and Health -- Declining Real Wage and Rising Inequality -- Absence of Universal Social Security -- Rising Trend in Income Inequality -- Growing Concentration and Centralisation of Income -- Consumption and Nutritional Inequality ; -- Inequality in Food and Nutrition Intakes -- Gender Inequality in Literacy and Education -- Gender Disparity in Participation and Earnings -- Fiscal Policy-Dependence on Regressive Taxes -- Low Tax-GDP Ratio -- New Poor Driven by Covid-19 -- Inequality Propelled by Covid-19 -- Transformability Conditions -- Policies of Active Restraint -- Institutional Provisioning for Skilled Labour -- Public Financing for Coping.; Strengthening Coping Mechanisms for Climate Displaced Communities -- Social Security in the Post-pandemic Era -- Sustainability Conditions -- Policies for Resilience -- Accountable and Equalising State -- Strengthening Social Contract -- A Human-Nature Compatibility -- Concluding Remarks -- References -- 8 Conclusions: Institutions, Political Settlement and Economic Outcome -- Power, Institutions and Economy -- Institutions and the Economy -- Growth and Real Sectors -- Financial Sector -- Education and Health -- Poverty and Inequality -- References -- Index.