Bangladesh Development Update, April 2015
This report highlights recent economic updates in Bangladesh as of April 2015. Economic growth in Bangladesh was gaining momentum in the first half of FY15. Capacity utilization improved and investments were showing some signs of recovery. This gro...
| Main Author: | |
|---|---|
| Format: | Report |
| Language: | English en_US |
| Published: |
Dhaka
2015
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2015/04/24323972/bangladesh-development-update-april-2015 http://hdl.handle.net/10986/21777 |
| id |
okr-10986-21777 |
|---|---|
| recordtype |
oai_dc |
| 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 |
ACCELERATOR ACCELERATOR EFFECT ACCESS TO INFORMATION ACCOUNTING ADVERSE IMPACT AGGREGATE DEMAND AGRICULTURE AIR ARREARS ASSET PRICE ASSET QUALITY BALANCE OF PAYMENT BALANCE OF PAYMENTS BALANCE SHEETS BANK BORROWING BANK FINANCING BANK INTEREST RATES BANKING SECTOR BANKING SYSTEM BANKRUPTCY BANKRUPTCY LAW BASE YEAR BENCHMARK BENCHMARK STOCK BINDING CONSTRAINT BORROWER BROAD MONEY BUDGET DEFICIT BUSINESS CYCLE CAPITAL INFLOWS CAPITAL MARKET CASH RESERVE CASH RESERVE RATIO COLLECTIVE ACTION COMMERCIAL BANKS COMMODITY PRICE COMMODITY PRICES COMPETITIVENESS CONSUMER GOODS CONSUMPTION EXPENDITURES CONTRACT ENFORCEMENT CORPORATE GOVERNANCE CREDIT FLOWS CREDIT GROWTH CREDIT PROGRAMS CURRENT ACCOUNT DEFICIT DAMAGES DEBT DECENTRALIZATION DECLINE IN INVESTMENTS DEFICITS DEMAND FOR CREDIT DEPOSIT DEREGULATION DEVELOPING COUNTRIES DEVELOPMENT AGENCY DEVELOPMENT PROJECTS DIESEL DISBURSEMENT DISBURSEMENTS DIVIDENDS DOMESTIC CREDIT DOMESTIC MARKET DRIVERS DURABLE ECONOMIC ACTIVITY ECONOMIC DEMAND ECONOMIC GROWTH ECONOMIC OUTLOOK ECONOMIC RESEARCH ECONOMIC TIME SERIES ECONOMIC TRENDS ECONOMIC VALUE ELASTICITY ELASTICITY OF DEMAND EMERGING MARKET EMERGING MARKETS ENFORCEMENT MECHANISMS ENTRY BARRIERS EQUIPMENT EXCESS LIQUIDITY EXCHANGE RATE EXCHANGE RATES EXPENDITURE EXPENDITURES EXPORT COMPETITIVENESS EXPORT GROWTH EXPORTERS EXPORTS EXTERNAL DEBT FINANCIAL CRISIS FINANCIAL PERFORMANCE FINANCIAL SECTOR FINANCIAL STABILITY FINANCIAL WEAKNESSES FISCAL DEFICIT FISCAL POLICIES FISCAL POLICY FIXED CAPITAL FIXED INCOME FIXED INVESTMENT FORECASTS FOREIGN CAPITAL FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN EXCHANGE RESERVES FOREIGN INVESTMENT FOREIGN INVESTMENTS FRAUDS FUEL FUEL PRICES GDP GDP DEFLATOR GENERALIZED SYSTEM OF PREFERENCES GLOBAL ECONOMY GLOBAL MARKET GLOBAL MARKETS GOVERNMENT BORROWING GOVERNMENT FUNDING GROSS DOMESTIC PRODUCT GROSS VALUE GROWTH RATE HOUSEHOLD INCOME HUMAN CAPITAL IMPORT COST INCOME INCOME GROWTH INCOME TAX INCREASING RETURNS INFLATION INFLATION RATE INFLATIONARY EXPECTATIONS INHERITANCE INSTITUTIONAL CAPACITY INSURANCE INTERNATIONAL BANK INTERNATIONAL DEVELOPMENT INTERNATIONAL MARKET INVENTORIES INVENTORY INVESTMENT CLIMATE INVESTMENT RATES INVESTMENT RESOURCES LABOR MARKET LABOR MARKETS LAND OWNERSHIP LAND RECORDS LEGAL FRAMEWORK LIQUIDITY LOAN LOAN AMOUNT LOAN DEFAULTS LOCAL MARKETS LOW INTEREST RATES MACROECONOMIC MANAGEMENT MACROECONOMIC STABILITY MARKET ANALYSTS MARKET INDEX MARKET INDICES MARKET PARTICIPANT MARKET PRICE MARKET PRICES MICRO-CREDIT MONETARY FUND MONETARY POLICIES MONETARY POLICY MONOPOLY MULTIPLIER EFFECTS NATIONAL ECONOMIES NATIONAL SAVING NATURAL DISASTER NATURAL DISASTERS NEGATIVE SHOCK NOISE NOMINAL INTEREST RATE NONPERFORMING LOANS OIL PRICE OIL PRICES OUTSTANDING CREDIT OWNERSHIP DATA PETROLEUM PRODUCTS POLICY RESPONSE POLITICAL STABILITY POLITICAL UNCERTAINTY POPULATION GROWTH PORTFOLIO PRICE MOVEMENTS PRICE VOLATILITY PRIVATE BANKS PRIVATE CREDIT PRIVATE INVESTMENT PRIVATE INVESTMENTS PRIVATE SECTOR CREDIT PRODUCTIVITY GROWTH PUBLIC INVESTMENT REAL EXCHANGE RATE REGULATORY FRAMEWORK REMITTANCE REMITTANCES RESERVE RETURN ROADS SAFETY SAFETY NET SAFETY NETS SETTLEMENT SOLVENCY STOCK EXCHANGE STOCKS TAX TAX COLLECTION TAX RATE TAX REVENUE TAX REVENUES TOLL TOTAL FACTOR PRODUCTIVITY TOTAL REVENUE TRADE CREDIT TRADE FINANCE TRADING TRANSACTION TRANSACTION COSTS TRANSPORT TRANSPORT FARES TRANSPORT SECTOR TRANSPORTATION TREASURY TREASURY BILL TREASURY BILL RATE TRIPS TROUGH TRUE TRUST FUND TURNOVER VALUE ADDED WAGE DIFFERENTIALS WAGES WORKING CAPITAL |
| spellingShingle |
ACCELERATOR ACCELERATOR EFFECT ACCESS TO INFORMATION ACCOUNTING ADVERSE IMPACT AGGREGATE DEMAND AGRICULTURE AIR ARREARS ASSET PRICE ASSET QUALITY BALANCE OF PAYMENT BALANCE OF PAYMENTS BALANCE SHEETS BANK BORROWING BANK FINANCING BANK INTEREST RATES BANKING SECTOR BANKING SYSTEM BANKRUPTCY BANKRUPTCY LAW BASE YEAR BENCHMARK BENCHMARK STOCK BINDING CONSTRAINT BORROWER BROAD MONEY BUDGET DEFICIT BUSINESS CYCLE CAPITAL INFLOWS CAPITAL MARKET CASH RESERVE CASH RESERVE RATIO COLLECTIVE ACTION COMMERCIAL BANKS COMMODITY PRICE COMMODITY PRICES COMPETITIVENESS CONSUMER GOODS CONSUMPTION EXPENDITURES CONTRACT ENFORCEMENT CORPORATE GOVERNANCE CREDIT FLOWS CREDIT GROWTH CREDIT PROGRAMS CURRENT ACCOUNT DEFICIT DAMAGES DEBT DECENTRALIZATION DECLINE IN INVESTMENTS DEFICITS DEMAND FOR CREDIT DEPOSIT DEREGULATION DEVELOPING COUNTRIES DEVELOPMENT AGENCY DEVELOPMENT PROJECTS DIESEL DISBURSEMENT DISBURSEMENTS DIVIDENDS DOMESTIC CREDIT DOMESTIC MARKET DRIVERS DURABLE ECONOMIC ACTIVITY ECONOMIC DEMAND ECONOMIC GROWTH ECONOMIC OUTLOOK ECONOMIC RESEARCH ECONOMIC TIME SERIES ECONOMIC TRENDS ECONOMIC VALUE ELASTICITY ELASTICITY OF DEMAND EMERGING MARKET EMERGING MARKETS ENFORCEMENT MECHANISMS ENTRY BARRIERS EQUIPMENT EXCESS LIQUIDITY EXCHANGE RATE EXCHANGE RATES EXPENDITURE EXPENDITURES EXPORT COMPETITIVENESS EXPORT GROWTH EXPORTERS EXPORTS EXTERNAL DEBT FINANCIAL CRISIS FINANCIAL PERFORMANCE FINANCIAL SECTOR FINANCIAL STABILITY FINANCIAL WEAKNESSES FISCAL DEFICIT FISCAL POLICIES FISCAL POLICY FIXED CAPITAL FIXED INCOME FIXED INVESTMENT FORECASTS FOREIGN CAPITAL FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN EXCHANGE RESERVES FOREIGN INVESTMENT FOREIGN INVESTMENTS FRAUDS FUEL FUEL PRICES GDP GDP DEFLATOR GENERALIZED SYSTEM OF PREFERENCES GLOBAL ECONOMY GLOBAL MARKET GLOBAL MARKETS GOVERNMENT BORROWING GOVERNMENT FUNDING GROSS DOMESTIC PRODUCT GROSS VALUE GROWTH RATE HOUSEHOLD INCOME HUMAN CAPITAL IMPORT COST INCOME INCOME GROWTH INCOME TAX INCREASING RETURNS INFLATION INFLATION RATE INFLATIONARY EXPECTATIONS INHERITANCE INSTITUTIONAL CAPACITY INSURANCE INTERNATIONAL BANK INTERNATIONAL DEVELOPMENT INTERNATIONAL MARKET INVENTORIES INVENTORY INVESTMENT CLIMATE INVESTMENT RATES INVESTMENT RESOURCES LABOR MARKET LABOR MARKETS LAND OWNERSHIP LAND RECORDS LEGAL FRAMEWORK LIQUIDITY LOAN LOAN AMOUNT LOAN DEFAULTS LOCAL MARKETS LOW INTEREST RATES MACROECONOMIC MANAGEMENT MACROECONOMIC STABILITY MARKET ANALYSTS MARKET INDEX MARKET INDICES MARKET PARTICIPANT MARKET PRICE MARKET PRICES MICRO-CREDIT MONETARY FUND MONETARY POLICIES MONETARY POLICY MONOPOLY MULTIPLIER EFFECTS NATIONAL ECONOMIES NATIONAL SAVING NATURAL DISASTER NATURAL DISASTERS NEGATIVE SHOCK NOISE NOMINAL INTEREST RATE NONPERFORMING LOANS OIL PRICE OIL PRICES OUTSTANDING CREDIT OWNERSHIP DATA PETROLEUM PRODUCTS POLICY RESPONSE POLITICAL STABILITY POLITICAL UNCERTAINTY POPULATION GROWTH PORTFOLIO PRICE MOVEMENTS PRICE VOLATILITY PRIVATE BANKS PRIVATE CREDIT PRIVATE INVESTMENT PRIVATE INVESTMENTS PRIVATE SECTOR CREDIT PRODUCTIVITY GROWTH PUBLIC INVESTMENT REAL EXCHANGE RATE REGULATORY FRAMEWORK REMITTANCE REMITTANCES RESERVE RETURN ROADS SAFETY SAFETY NET SAFETY NETS SETTLEMENT SOLVENCY STOCK EXCHANGE STOCKS TAX TAX COLLECTION TAX RATE TAX REVENUE TAX REVENUES TOLL TOTAL FACTOR PRODUCTIVITY TOTAL REVENUE TRADE CREDIT TRADE FINANCE TRADING TRANSACTION TRANSACTION COSTS TRANSPORT TRANSPORT FARES TRANSPORT SECTOR TRANSPORTATION TREASURY TREASURY BILL TREASURY BILL RATE TRIPS TROUGH TRUE TRUST FUND TURNOVER VALUE ADDED WAGE DIFFERENTIALS WAGES WORKING CAPITAL World Bank Bangladesh Development Update, April 2015 |
| geographic_facet |
South Asia Bangladesh |
| description |
This report highlights recent economic
updates in Bangladesh as of April 2015. Economic growth in
Bangladesh was gaining momentum in the first half of FY15.
Capacity utilization improved and investments were showing
some signs of recovery. This growth was also job-friendly.
The 12-monthly-moving average inflation decelerated from 7.6
percent in February 2014 to 6.8 percent in February 2015.
The resilience of the Bangladesh economy continues to be
tested by faltering political stability, weak global
markets, and structural constraints. These are inhibiting
the economy s income growth as well as progress on shared
prosperity. Despite the emergence of a $1.3 billion deficit
in the current account in the first seven months of FY15,
the surplus in the overall balance of payments has been
sustained, leading to continued accumulation of official
foreign exchange reserves to prevent nominal exchange rate
appreciation. Reserves are at a comfortable level at over 6
months of imports of goods and services. Fiscal policy has
remained consistent with macroeconomic stability. Tax
revenue growth has been weaker than targeted while
expenditure have also been short due as usual to an
implementation shortfall. The projected recovery in global
growth, particularly in the United States and the Euro Zone,
and continued softness in international commodity prices,
bode well for Bangladesh. The country will need to restore
political stability and implement faster structural reforms
to capitalize on these opportunities. The potential GDP
growth rate is on a declining path due to declining labor
force growth and stagnant productivity growth, as well as
the rate of capital accumulation. Raising the low Female
Labor Force Participation (FLFP) rate offers on opportunity
to boost the economy s potential growth rate. Moving
forward, the biggest challenge remains ensuring durable
political stability. This is a precondition for accelerated,
inclusive, and sustainable growth. |
| format |
Report |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Bangladesh Development Update, April 2015 |
| title_short |
Bangladesh Development Update, April 2015 |
| title_full |
Bangladesh Development Update, April 2015 |
| title_fullStr |
Bangladesh Development Update, April 2015 |
| title_full_unstemmed |
Bangladesh Development Update, April 2015 |
| title_sort |
bangladesh development update, april 2015 |
| publisher |
Dhaka |
| publishDate |
2015 |
| url |
http://documents.worldbank.org/curated/en/2015/04/24323972/bangladesh-development-update-april-2015 http://hdl.handle.net/10986/21777 |
| _version_ |
1764449371308425216 |
| spelling |
okr-10986-217772021-04-23T14:04:04Z Bangladesh Development Update, April 2015 World Bank ACCELERATOR ACCELERATOR EFFECT ACCESS TO INFORMATION ACCOUNTING ADVERSE IMPACT AGGREGATE DEMAND AGRICULTURE AIR ARREARS ASSET PRICE ASSET QUALITY BALANCE OF PAYMENT BALANCE OF PAYMENTS BALANCE SHEETS BANK BORROWING BANK FINANCING BANK INTEREST RATES BANKING SECTOR BANKING SYSTEM BANKRUPTCY BANKRUPTCY LAW BASE YEAR BENCHMARK BENCHMARK STOCK BINDING CONSTRAINT BORROWER BROAD MONEY BUDGET DEFICIT BUSINESS CYCLE CAPITAL INFLOWS CAPITAL MARKET CASH RESERVE CASH RESERVE RATIO COLLECTIVE ACTION COMMERCIAL BANKS COMMODITY PRICE COMMODITY PRICES COMPETITIVENESS CONSUMER GOODS CONSUMPTION EXPENDITURES CONTRACT ENFORCEMENT CORPORATE GOVERNANCE CREDIT FLOWS CREDIT GROWTH CREDIT PROGRAMS CURRENT ACCOUNT DEFICIT DAMAGES DEBT DECENTRALIZATION DECLINE IN INVESTMENTS DEFICITS DEMAND FOR CREDIT DEPOSIT DEREGULATION DEVELOPING COUNTRIES DEVELOPMENT AGENCY DEVELOPMENT PROJECTS DIESEL DISBURSEMENT DISBURSEMENTS DIVIDENDS DOMESTIC CREDIT DOMESTIC MARKET DRIVERS DURABLE ECONOMIC ACTIVITY ECONOMIC DEMAND ECONOMIC GROWTH ECONOMIC OUTLOOK ECONOMIC RESEARCH ECONOMIC TIME SERIES ECONOMIC TRENDS ECONOMIC VALUE ELASTICITY ELASTICITY OF DEMAND EMERGING MARKET EMERGING MARKETS ENFORCEMENT MECHANISMS ENTRY BARRIERS EQUIPMENT EXCESS LIQUIDITY EXCHANGE RATE EXCHANGE RATES EXPENDITURE EXPENDITURES EXPORT COMPETITIVENESS EXPORT GROWTH EXPORTERS EXPORTS EXTERNAL DEBT FINANCIAL CRISIS FINANCIAL PERFORMANCE FINANCIAL SECTOR FINANCIAL STABILITY FINANCIAL WEAKNESSES FISCAL DEFICIT FISCAL POLICIES FISCAL POLICY FIXED CAPITAL FIXED INCOME FIXED INVESTMENT FORECASTS FOREIGN CAPITAL FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN EXCHANGE RESERVES FOREIGN INVESTMENT FOREIGN INVESTMENTS FRAUDS FUEL FUEL PRICES GDP GDP DEFLATOR GENERALIZED SYSTEM OF PREFERENCES GLOBAL ECONOMY GLOBAL MARKET GLOBAL MARKETS GOVERNMENT BORROWING GOVERNMENT FUNDING GROSS DOMESTIC PRODUCT GROSS VALUE GROWTH RATE HOUSEHOLD INCOME HUMAN CAPITAL IMPORT COST INCOME INCOME GROWTH INCOME TAX INCREASING RETURNS INFLATION INFLATION RATE INFLATIONARY EXPECTATIONS INHERITANCE INSTITUTIONAL CAPACITY INSURANCE INTERNATIONAL BANK INTERNATIONAL DEVELOPMENT INTERNATIONAL MARKET INVENTORIES INVENTORY INVESTMENT CLIMATE INVESTMENT RATES INVESTMENT RESOURCES LABOR MARKET LABOR MARKETS LAND OWNERSHIP LAND RECORDS LEGAL FRAMEWORK LIQUIDITY LOAN LOAN AMOUNT LOAN DEFAULTS LOCAL MARKETS LOW INTEREST RATES MACROECONOMIC MANAGEMENT MACROECONOMIC STABILITY MARKET ANALYSTS MARKET INDEX MARKET INDICES MARKET PARTICIPANT MARKET PRICE MARKET PRICES MICRO-CREDIT MONETARY FUND MONETARY POLICIES MONETARY POLICY MONOPOLY MULTIPLIER EFFECTS NATIONAL ECONOMIES NATIONAL SAVING NATURAL DISASTER NATURAL DISASTERS NEGATIVE SHOCK NOISE NOMINAL INTEREST RATE NONPERFORMING LOANS OIL PRICE OIL PRICES OUTSTANDING CREDIT OWNERSHIP DATA PETROLEUM PRODUCTS POLICY RESPONSE POLITICAL STABILITY POLITICAL UNCERTAINTY POPULATION GROWTH PORTFOLIO PRICE MOVEMENTS PRICE VOLATILITY PRIVATE BANKS PRIVATE CREDIT PRIVATE INVESTMENT PRIVATE INVESTMENTS PRIVATE SECTOR CREDIT PRODUCTIVITY GROWTH PUBLIC INVESTMENT REAL EXCHANGE RATE REGULATORY FRAMEWORK REMITTANCE REMITTANCES RESERVE RETURN ROADS SAFETY SAFETY NET SAFETY NETS SETTLEMENT SOLVENCY STOCK EXCHANGE STOCKS TAX TAX COLLECTION TAX RATE TAX REVENUE TAX REVENUES TOLL TOTAL FACTOR PRODUCTIVITY TOTAL REVENUE TRADE CREDIT TRADE FINANCE TRADING TRANSACTION TRANSACTION COSTS TRANSPORT TRANSPORT FARES TRANSPORT SECTOR TRANSPORTATION TREASURY TREASURY BILL TREASURY BILL RATE TRIPS TROUGH TRUE TRUST FUND TURNOVER VALUE ADDED WAGE DIFFERENTIALS WAGES WORKING CAPITAL This report highlights recent economic updates in Bangladesh as of April 2015. Economic growth in Bangladesh was gaining momentum in the first half of FY15. Capacity utilization improved and investments were showing some signs of recovery. This growth was also job-friendly. The 12-monthly-moving average inflation decelerated from 7.6 percent in February 2014 to 6.8 percent in February 2015. The resilience of the Bangladesh economy continues to be tested by faltering political stability, weak global markets, and structural constraints. These are inhibiting the economy s income growth as well as progress on shared prosperity. Despite the emergence of a $1.3 billion deficit in the current account in the first seven months of FY15, the surplus in the overall balance of payments has been sustained, leading to continued accumulation of official foreign exchange reserves to prevent nominal exchange rate appreciation. Reserves are at a comfortable level at over 6 months of imports of goods and services. Fiscal policy has remained consistent with macroeconomic stability. Tax revenue growth has been weaker than targeted while expenditure have also been short due as usual to an implementation shortfall. The projected recovery in global growth, particularly in the United States and the Euro Zone, and continued softness in international commodity prices, bode well for Bangladesh. The country will need to restore political stability and implement faster structural reforms to capitalize on these opportunities. The potential GDP growth rate is on a declining path due to declining labor force growth and stagnant productivity growth, as well as the rate of capital accumulation. Raising the low Female Labor Force Participation (FLFP) rate offers on opportunity to boost the economy s potential growth rate. Moving forward, the biggest challenge remains ensuring durable political stability. This is a precondition for accelerated, inclusive, and sustainable growth. 2015-04-24T20:08:38Z 2015-04-24T20:08:38Z 2015-04 Report http://documents.worldbank.org/curated/en/2015/04/24323972/bangladesh-development-update-april-2015 http://hdl.handle.net/10986/21777 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Dhaka Economic & Sector Work Economic & Sector Work :: Economic Updates and Modeling South Asia Bangladesh |