Moving Forward : Connectivity and Logistics to Sustain Bangladesh’s Success
Bangladesh has been successful on many counts. The economy grew six percent a year between 2000 and 2017, and the poverty rate fell by more than half. All sectors experienced growth, but the contribution of agriculture to gross domestic product (GD...
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| Format: | Report |
| Language: | English |
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World Bank, Washington, DC
2019
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| Online Access: | http://documents.worldbank.org/curated/en/720931558940164606/Moving-Forward-Connectivity-and-Logistics-to-Sustain-Bangladesh-s-Success http://hdl.handle.net/10986/31835 |
| Summary: | Bangladesh has been successful on many
counts. The economy grew six percent a year between 2000 and
2017, and the poverty rate fell by more than half. All
sectors experienced growth, but the contribution of
agriculture to gross domestic product (GDP) declined, as
Bangladesh became an important player in the textile and
ready-made garments global value chain, which accounts for
more than half of manufacturing employment and eighty-four
percent of all exports in the country. The sustainability of
this growth model is now being challenged, as Bangladesh’s
competitiveness based on low wages is eroding. Rising wage
demands from workers, intensifying global price competition,
and inefficient logistics are putting significant cost
pressure on Bangladeshi producers. This report presents a
comprehensive assessment of logistics performance, its root
causes, and the economic implications of potential
interventions. Based on the analysis, the report proposes
policy directions to improve logistics performance |
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