Bangladesh Development Update 2017

Bangladesh Development Update 2017

The Bangladesh economy is weathering persistent global uncertainties relatively well. Poverty reduction is expected to have continued. Growth remained resilient, aided recently by recovery in exports and private investments. Inflation has decelerat...

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Bibliographic Details
Main Author: World Bank
Format: Report
Language:English
en_US
Published: World Bank, Dhaka, Bangladesh 2017
Subjects:
ECONOMIC GROWTH
INFLATION
ECONOMIC OUTLOOK
TRADE
FISCAL TRENDS
MONETARY POLICY
EXCHANGE RATES
FEMALE LABOR FORCE
STRUCTURAL REFORM
DISCRIMINATION
Online Access:http://documents.worldbank.org/curated/en/266211494911364175/Bangladesh-development-update
http://hdl.handle.net/10986/26642
id okr-10986-26642
recordtype oai_dc
spelling okr-10986-266422021-05-25T09:00:17Z Bangladesh Development Update 2017 World Bank ECONOMIC GROWTH INFLATION ECONOMIC OUTLOOK TRADE FISCAL TRENDS MONETARY POLICY EXCHANGE RATES FEMALE LABOR FORCE STRUCTURAL REFORM DISCRIMINATION The Bangladesh economy is weathering persistent global uncertainties relatively well. Poverty reduction is expected to have continued. Growth remained resilient, aided recently by recovery in exports and private investments. Inflation has decelerated benefitting from soft international commodity prices and prudent macroeconomic management. The outlook for Bangladesh’s main export destinations is projected to improve, although downside risks remain elevated. More recently, falling export growth and decline in remittances are emerging near term concerns. According to our model, increased capital accumulation can contribute significantly to boosting growth, but alone cannot deliver a sustainable and accelerated growth path. More is needed, including closing the inter-sectoral productivity gap through increased resource mobility, easing the constraints on firm level productivity and increasing female labor force participation in the formal sectors. In addition, poor infrastructure, inadequate energy supply, and inefficient financial intermediation combined with high cost of doing business remain the key obstacles hindering the realization of Bangladesh’s vast economic potential. 2017-05-16T21:49:45Z 2017-05-16T21:49:45Z 2017 Report http://documents.worldbank.org/curated/en/266211494911364175/Bangladesh-development-update http://hdl.handle.net/10986/26642 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Dhaka, Bangladesh Economic & Sector Work Economic & Sector Work :: Economic Updates and Modeling 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 ECONOMIC GROWTH
INFLATION
ECONOMIC OUTLOOK
TRADE
FISCAL TRENDS
MONETARY POLICY
EXCHANGE RATES
FEMALE LABOR FORCE
STRUCTURAL REFORM
DISCRIMINATION
spellingShingle ECONOMIC GROWTH
INFLATION
ECONOMIC OUTLOOK
TRADE
FISCAL TRENDS
MONETARY POLICY
EXCHANGE RATES
FEMALE LABOR FORCE
STRUCTURAL REFORM
DISCRIMINATION
World Bank
Bangladesh Development Update 2017
geographic_facet South Asia
Bangladesh
description The Bangladesh economy is weathering persistent global uncertainties relatively well. Poverty reduction is expected to have continued. Growth remained resilient, aided recently by recovery in exports and private investments. Inflation has decelerated benefitting from soft international commodity prices and prudent macroeconomic management. The outlook for Bangladesh’s main export destinations is projected to improve, although downside risks remain elevated. More recently, falling export growth and decline in remittances are emerging near term concerns. According to our model, increased capital accumulation can contribute significantly to boosting growth, but alone cannot deliver a sustainable and accelerated growth path. More is needed, including closing the inter-sectoral productivity gap through increased resource mobility, easing the constraints on firm level productivity and increasing female labor force participation in the formal sectors. In addition, poor infrastructure, inadequate energy supply, and inefficient financial intermediation combined with high cost of doing business remain the key obstacles hindering the realization of Bangladesh’s vast economic potential.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Bangladesh Development Update 2017
title_short Bangladesh Development Update 2017
title_full Bangladesh Development Update 2017
title_fullStr Bangladesh Development Update 2017
title_full_unstemmed Bangladesh Development Update 2017
title_sort bangladesh development update 2017
publisher World Bank, Dhaka, Bangladesh
publishDate 2017
url http://documents.worldbank.org/curated/en/266211494911364175/Bangladesh-development-update
http://hdl.handle.net/10986/26642
_version_ 1764462311870824448

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