Bangladesh, a Middle Income Country by 2021 : What Will it Take in Terms of Poverty Reduction?

The vision 2021 plan and the associated perspective plan 2010-2021, adopted by the Government of Bangladesh lay out a series of development targets for 2021. Among the core targets identified to monitor the progress toward the vision 2021 objective...

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Main Authors: Gimenez, Lea, Jolliffe, Dean, Sharif, Iffath
Format: Poverty Assessment
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2014/01/19444601/bangladesh-middle-income-country-2021-take-terms-poverty-reduction
http://hdl.handle.net/10986/18668
id okr-10986-18668
recordtype oai_dc
spelling okr-10986-186682021-04-23T14:03:47Z Bangladesh, a Middle Income Country by 2021 : What Will it Take in Terms of Poverty Reduction? Gimenez, Lea Jolliffe, Dean Sharif, Iffath ANNUAL GROWTH AVERAGE GROWTH AVERAGE GROWTH RATE CHANGES IN POVERTY CONSUMPTION EXPENDITURE CONSUMPTION EXPENDITURES CONSUMPTION GROWTH COUNTERFACTUAL CUMULATIVE DISTRIBUTION DECLINE IN POVERTY DECLINE IN POVERTY RATES DEVELOPMENT ECONOMICS DEVELOPMENT STRATEGY DISTRIBUTIONAL CHANGES ECONOMIC GROWTH ECONOMICS LETTERS EXTREME POVERTY FOOD PRICES GDP GINI COEFFICIENT GINI INDEX GROSS ELASTICITY GROWTH COMPONENT GROWTH ELASTICITY GROWTH PROCESS GROWTH RATE GROWTH RATES HEADCOUNT RATIO HOUSEHOLD INCOME HOUSEHOLD SURVEY INCIDENCE OF POVERTY INCOME INEQUALITY INEQUALITY CONSTANT LABOR FORCE LOW INCOME MEAN EXPENDITURE MEAN GROWTH NATIONAL POVERTY NATIONAL POVERTY HEADCOUNT NATIONAL POVERTY LINE NEGATIVE EFFECT NET ELASTICITY PER CAPITA EXPENDITURE POINT DECLINE POLITICAL ECONOMY POOR POOR HOUSEHOLD POOR PEOPLE POORER HOUSEHOLD POVERTY ASSESSMENT POVERTY DECLINE POVERTY DEPTH POVERTY ESTIMATES POVERTY GAP POVERTY GAP INDEX POVERTY HEAD POVERTY HEADCOUNT INDEX POVERTY HEADCOUNT RATE POVERTY HEADCOUNT RATES POVERTY INCIDENCE POVERTY INDEX POVERTY INDICES POVERTY LEVEL POVERTY LINE POVERTY LINES POVERTY MEASURES POVERTY MONITORING POVERTY POVERTY POVERTY RATE POVERTY RATES POVERTY REDUCTION POVERTY TARGET POVERTY THRESHOLD PRO-POOR PRO-POOR GROWTH REDUCING POVERTY RELATIVE INEQUALITY RURAL RURAL AREAS RURAL PHENOMENON SEASONAL VARIATIONS SUSTAINABLE GROWTH TECHNICAL ASSISTANCE TOTAL POVERTY URBAN AREAS URBAN GROWTH WELFARE MEASURE The vision 2021 plan and the associated perspective plan 2010-2021, adopted by the Government of Bangladesh lay out a series of development targets for 2021. Among the core targets identified to monitor the progress toward the vision 2021 objectives is that of attaining a poverty headcount of 14 percent by 2021. The purpose of this paper is to answer the following question: given Bangladesh's performance in poverty reduction over the last decades, can the author expect the proportion of the country's population living in poverty to be 14 percent by 2022? Using data from the last three household income and expenditures survey, we examine changes in poverty rates during 2000-2010, estimate net elasticity of poverty reduction to growth in per-capita expenditure, and then project poverty headcounts into the future. Our poverty projections based on the last three Household Income and Expenditure Surveys (HIES) surveys suggest that Bangladesh will achieve its Millennium Development Goal, or MDG goal of halving its poverty headcount to 28.5 percent by 2015 significantly ahead of schedule. Attaining the vision 2021 poverty target of 14 percent by 2021, however, is less certain as it requires a Gross Domestic Product, or GDP growth of at least 8 percent, or more than 2 percentage points higher than that observed in recent years. 2014-06-17T14:58:50Z 2014-06-17T14:58:50Z 2014 http://documents.worldbank.org/curated/en/2014/01/19444601/bangladesh-middle-income-country-2021-take-terms-poverty-reduction http://hdl.handle.net/10986/18668 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Economic & Sector Work :: Poverty Assessment South Asia Bangladesh
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ANNUAL GROWTH
AVERAGE GROWTH
AVERAGE GROWTH RATE
CHANGES IN POVERTY
CONSUMPTION EXPENDITURE
CONSUMPTION EXPENDITURES
CONSUMPTION GROWTH
COUNTERFACTUAL
CUMULATIVE DISTRIBUTION
DECLINE IN POVERTY
DECLINE IN POVERTY RATES
DEVELOPMENT ECONOMICS
DEVELOPMENT STRATEGY
DISTRIBUTIONAL CHANGES
ECONOMIC GROWTH
ECONOMICS LETTERS
EXTREME POVERTY
FOOD PRICES
GDP
GINI COEFFICIENT
GINI INDEX
GROSS ELASTICITY
GROWTH COMPONENT
GROWTH ELASTICITY
GROWTH PROCESS
GROWTH RATE
GROWTH RATES
HEADCOUNT RATIO
HOUSEHOLD INCOME
HOUSEHOLD SURVEY
INCIDENCE OF POVERTY
INCOME
INEQUALITY
INEQUALITY CONSTANT
LABOR FORCE
LOW INCOME
MEAN EXPENDITURE
MEAN GROWTH
NATIONAL POVERTY
NATIONAL POVERTY HEADCOUNT
NATIONAL POVERTY LINE
NEGATIVE EFFECT
NET ELASTICITY
PER CAPITA EXPENDITURE
POINT DECLINE
POLITICAL ECONOMY
POOR
POOR HOUSEHOLD
POOR PEOPLE
POORER HOUSEHOLD
POVERTY ASSESSMENT
POVERTY DECLINE
POVERTY DEPTH
POVERTY ESTIMATES
POVERTY GAP
POVERTY GAP INDEX
POVERTY HEAD
POVERTY HEADCOUNT INDEX
POVERTY HEADCOUNT RATE
POVERTY HEADCOUNT RATES
POVERTY INCIDENCE
POVERTY INDEX
POVERTY INDICES
POVERTY LEVEL
POVERTY LINE
POVERTY LINES
POVERTY MEASURES
POVERTY MONITORING
POVERTY POVERTY
POVERTY RATE
POVERTY RATES
POVERTY REDUCTION
POVERTY TARGET
POVERTY THRESHOLD
PRO-POOR
PRO-POOR GROWTH
REDUCING POVERTY
RELATIVE INEQUALITY
RURAL
RURAL AREAS
RURAL PHENOMENON
SEASONAL VARIATIONS
SUSTAINABLE GROWTH
TECHNICAL ASSISTANCE
TOTAL POVERTY
URBAN AREAS
URBAN GROWTH
WELFARE MEASURE
spellingShingle ANNUAL GROWTH
AVERAGE GROWTH
AVERAGE GROWTH RATE
CHANGES IN POVERTY
CONSUMPTION EXPENDITURE
CONSUMPTION EXPENDITURES
CONSUMPTION GROWTH
COUNTERFACTUAL
CUMULATIVE DISTRIBUTION
DECLINE IN POVERTY
DECLINE IN POVERTY RATES
DEVELOPMENT ECONOMICS
DEVELOPMENT STRATEGY
DISTRIBUTIONAL CHANGES
ECONOMIC GROWTH
ECONOMICS LETTERS
EXTREME POVERTY
FOOD PRICES
GDP
GINI COEFFICIENT
GINI INDEX
GROSS ELASTICITY
GROWTH COMPONENT
GROWTH ELASTICITY
GROWTH PROCESS
GROWTH RATE
GROWTH RATES
HEADCOUNT RATIO
HOUSEHOLD INCOME
HOUSEHOLD SURVEY
INCIDENCE OF POVERTY
INCOME
INEQUALITY
INEQUALITY CONSTANT
LABOR FORCE
LOW INCOME
MEAN EXPENDITURE
MEAN GROWTH
NATIONAL POVERTY
NATIONAL POVERTY HEADCOUNT
NATIONAL POVERTY LINE
NEGATIVE EFFECT
NET ELASTICITY
PER CAPITA EXPENDITURE
POINT DECLINE
POLITICAL ECONOMY
POOR
POOR HOUSEHOLD
POOR PEOPLE
POORER HOUSEHOLD
POVERTY ASSESSMENT
POVERTY DECLINE
POVERTY DEPTH
POVERTY ESTIMATES
POVERTY GAP
POVERTY GAP INDEX
POVERTY HEAD
POVERTY HEADCOUNT INDEX
POVERTY HEADCOUNT RATE
POVERTY HEADCOUNT RATES
POVERTY INCIDENCE
POVERTY INDEX
POVERTY INDICES
POVERTY LEVEL
POVERTY LINE
POVERTY LINES
POVERTY MEASURES
POVERTY MONITORING
POVERTY POVERTY
POVERTY RATE
POVERTY RATES
POVERTY REDUCTION
POVERTY TARGET
POVERTY THRESHOLD
PRO-POOR
PRO-POOR GROWTH
REDUCING POVERTY
RELATIVE INEQUALITY
RURAL
RURAL AREAS
RURAL PHENOMENON
SEASONAL VARIATIONS
SUSTAINABLE GROWTH
TECHNICAL ASSISTANCE
TOTAL POVERTY
URBAN AREAS
URBAN GROWTH
WELFARE MEASURE
Gimenez, Lea
Jolliffe, Dean
Sharif, Iffath
Bangladesh, a Middle Income Country by 2021 : What Will it Take in Terms of Poverty Reduction?
geographic_facet South Asia
Bangladesh
description The vision 2021 plan and the associated perspective plan 2010-2021, adopted by the Government of Bangladesh lay out a series of development targets for 2021. Among the core targets identified to monitor the progress toward the vision 2021 objectives is that of attaining a poverty headcount of 14 percent by 2021. The purpose of this paper is to answer the following question: given Bangladesh's performance in poverty reduction over the last decades, can the author expect the proportion of the country's population living in poverty to be 14 percent by 2022? Using data from the last three household income and expenditures survey, we examine changes in poverty rates during 2000-2010, estimate net elasticity of poverty reduction to growth in per-capita expenditure, and then project poverty headcounts into the future. Our poverty projections based on the last three Household Income and Expenditure Surveys (HIES) surveys suggest that Bangladesh will achieve its Millennium Development Goal, or MDG goal of halving its poverty headcount to 28.5 percent by 2015 significantly ahead of schedule. Attaining the vision 2021 poverty target of 14 percent by 2021, however, is less certain as it requires a Gross Domestic Product, or GDP growth of at least 8 percent, or more than 2 percentage points higher than that observed in recent years.
format Economic & Sector Work :: Poverty Assessment
author Gimenez, Lea
Jolliffe, Dean
Sharif, Iffath
author_facet Gimenez, Lea
Jolliffe, Dean
Sharif, Iffath
author_sort Gimenez, Lea
title Bangladesh, a Middle Income Country by 2021 : What Will it Take in Terms of Poverty Reduction?
title_short Bangladesh, a Middle Income Country by 2021 : What Will it Take in Terms of Poverty Reduction?
title_full Bangladesh, a Middle Income Country by 2021 : What Will it Take in Terms of Poverty Reduction?
title_fullStr Bangladesh, a Middle Income Country by 2021 : What Will it Take in Terms of Poverty Reduction?
title_full_unstemmed Bangladesh, a Middle Income Country by 2021 : What Will it Take in Terms of Poverty Reduction?
title_sort bangladesh, a middle income country by 2021 : what will it take in terms of poverty reduction?
publisher World Bank, Washington, DC
publishDate 2014
url http://documents.worldbank.org/curated/en/2014/01/19444601/bangladesh-middle-income-country-2021-take-terms-poverty-reduction
http://hdl.handle.net/10986/18668
_version_ 1764442064223731712