Structural Change And Dynamics Of Labor Markets In Bangladesh

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Structural Change and Dynamics of Labor Markets in Bangladesh

Author : Selim Raihan
Publisher : Springer
Page : 205 pages
File Size : 53,8 Mb
Release : 2018-08-29
Category : Business & Economics
ISBN : 9789811320712

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Structural Change and Dynamics of Labor Markets in Bangladesh by Selim Raihan Pdf

Outlining important policy requirements for Bangladesh to become an upper middle-income country, the book presents research work conducted during the project “Changing Labor Markets in Bangladesh: Understanding Dynamics in Relation to Economic Growth and Poverty,” sponsored by the International Development Research Center (IDRC), Canada. Bangladesh has experienced remarkable economic growth rates over the last decade. The country has recently been upgraded from a low-income country (LIC) to a lower-middle-income country (LMIC) as per the World Bank’s classification system. By 2024, the country also aspires to graduate from the United Nation’s list of least developed countries (LDC). The 7th five-year plan sets an ambitious target of 8 percent growth in GDP by 2020. There are also steep development targets to be achieved under the Sustainable Development Goals (SDGs) by 2030. All these will require an enormous leap forward from the current level of economic growth rate and sustaining it in the future. The situation also calls for considerable structural change in the economy, facilitating large-scale economic diversification. Rapid expansion of labor-intensive and high-productivity sectors, both in the farm and nonfarm sectors, is thus crucial for Bangladesh. Further, this should take place in conjunction with interventions to enhance productivity, jobs and incomes in traditional and informal activities where there are large pools of surplus labor. Given its relevance for Bangladesh and applicability to many other developing countries, the book offers a unique and pioneering resource for researchers, industry watchers as well as policy makers.

Structural Transformation of Bangladesh Economy

Author : Mustafa K. Mujeri,Neaz Mujeri
Publisher : Springer Nature
Page : 299 pages
File Size : 41,8 Mb
Release : 2021-03-18
Category : Business & Economics
ISBN : 9789811607646

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Structural Transformation of Bangladesh Economy by Mustafa K. Mujeri,Neaz Mujeri Pdf

This book examines the theory and global evidence on structural transformation along with stylised facts and implications using, among others, a dynamic panel model, for South Asia. The characteristics of the structural transformation process in Bangladesh bring out the relevance of a comprehensive and inclusive South Asian ‘brand’ in view of the challenges of large population size, high burden of poverty, rising inequalities and its compulsion to achieve rapid and sustained inclusive development. The analysis highlights several distinct characteristics of Bangladesh’s structural transformation including changes in value added, trade, employment, productivity, formal-informal jobs, and opportunities for low-skilled workers. The book suggests that the manufacturing sector could not create the required number of jobs and generate rapid absolute and relative productivity gains in the Bangladesh economy. Although the services sector has largely led output and employment growth, services subsectors with strong labour absorptive capacity have low average productivity. Hence, growth-enhancing structural transformation led by these subsectors is likely to be less dynamic than required for rapid employment-creating growth in the economy. The book’s analysis on COVID-19 and cyclone Amphan shows that an integrated disaster and development paradigm is needed for Bangladesh. An inclusive and health and well-being focused structural transformation presents the pathway to advance the people-centred approach to development in Bangladesh through both vulnerability reduction and investments in sustainable development that would offset both known and unknown disaster threats. The key for Bangladesh is to skillfully manage the ‘developer’s dilemma’ of achieving both structural transformation in terms of large productivity gains and inclusive growth for reducing poverty and rising inequalities. This book is relevant to students, academicians and development practitioners and others interested in contemporary development.

Agrarian Labour Arrangements and Structural Change

Author : Gillian Patricia Hart
Publisher : Unknown
Page : 98 pages
File Size : 51,5 Mb
Release : 1984
Category : Wages
ISBN : WISC:89031438286

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Agrarian Labour Arrangements and Structural Change by Gillian Patricia Hart Pdf

Structural change, fundamentals, and growth : a framework and case studies

Author : McMillan, Margaret ,Rodrik, Dani,Sepúlveda, Claudia
Publisher : Intl Food Policy Res Inst
Page : 328 pages
File Size : 48,6 Mb
Release : 2017-05-11
Category : Political Science
ISBN : 9780896292147

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Structural change, fundamentals, and growth : a framework and case studies by McMillan, Margaret ,Rodrik, Dani,Sepúlveda, Claudia Pdf

Employment and Labour Market in North-East India

Author : Virginius Xaxa,Debdulal Saha,Rajdeep Singha
Publisher : Taylor & Francis
Page : 394 pages
File Size : 46,7 Mb
Release : 2018-08-06
Category : Political Science
ISBN : 9780429823466

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Employment and Labour Market in North-East India by Virginius Xaxa,Debdulal Saha,Rajdeep Singha Pdf

This book examines the structural changes in the labour market in North-East India. Going beyond the conventional study of tea and agricultural sectors, it focuses on the nature, pattern and structure of work and employment in the region as well as documents emerging shifts in the labour force towards farm to non-farm dynamics. The chapters explore historical developments in employment patterns, labour market policies, issues of gender and social-religious dimensions, as well as point to growing forms of casual, informal and contractual labour across sectors. Through large-scale data and detailed case studies on unfree labour in plantations and those employed in crafts, handloom and the manufacturing industry, the book provides insights into labour and employment in the region. It also delves into the temporal and spatial dimensions of non-farm employment and its relationship with rural income distribution and labour mobility. By bringing interdisciplinary perspectives from scholars working on North-East India, this work fills a major gap in the political economy of the labour market in the region. The volume will be useful to scholars and researchers of development studies, North-East India studies, labour studies, economics, sociology and political science as well to those involved with governance and policymaking.

Structural Transformation, Inequality Dynamics, and Inclusive Growth in Bangladesh

Author : Selim Raihan,Sunera Saba Khan
Publisher : Unknown
Page : 128 pages
File Size : 41,8 Mb
Release : 2020
Category : Electronic
ISBN : 9292568019

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Structural Transformation, Inequality Dynamics, and Inclusive Growth in Bangladesh by Selim Raihan,Sunera Saba Khan Pdf

The Bangladesh economy has undergone significant structural changes over the last four decades. The share of agriculture in GDP has declined, while the significance of industry and service sectors has increased. These structural changes have been associated with persistent challenges such as lack of diversification, poor working conditions, low productivity, and high degree of informality, obstructing the progress towards inclusive economic growth. Though manufacturing is now an overwhelmingly salient component of Bangladesh's export composition, this is due primarily to the rapid expansion of the ready-made garments sector: the performance of other industries has been rather weak. In order to become a sustained, inclusive driver of economic growth and employment creation, the manufacturing sector needs to focus on expanding and diversifying its base. This study looks at the major challenges, both policy-induced and structural, for the required structural transformation in the Bangladesh economy, aiming to tackle inequality and promote inclusive growth.

The Labor Market and Economic Adjustment

Author : Pierre-Richard Agénor
Publisher : International Monetary Fund
Page : 98 pages
File Size : 44,7 Mb
Release : 1995-11-01
Category : Business & Economics
ISBN : 9781451854787

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The Labor Market and Economic Adjustment by Pierre-Richard Agénor Pdf

This paper examines the role of the labor market in the transmission process of adjustment policies in developing countries. It begins by reviewing the recent evidence regarding the functioning of these markets. It then studies the implications of wage inertia, nominal contracts, labor market segmentation, and impediments to labor mobility for stabilization policies. The effect of labor market reforms on economic flexibility and the channels through which labor market imperfections alter the effects of structural adjustment measures are discussed next. The last part of the paper identifies a variety of issues that may require further investigation, such as the link between changes in relative wages and the distributional effects of adjustment policies.

Is the Bangladesh Paradox Sustainable?

Author : Selim Raihan,François Bourguignon,Umar Salam
Publisher : Cambridge University Press
Page : 443 pages
File Size : 46,7 Mb
Release : 2023-09-30
Category : Business & Economics
ISBN : 9781009284707

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Is the Bangladesh Paradox Sustainable? by Selim Raihan,François Bourguignon,Umar Salam Pdf

This book offers a novel approach to the role of institutions in development and applies it to Bangladesh with special attention to historical context and the political economy. It will interest development professionals in international and bilateral development agencies, policy-makers in developing countries; academics and graduate students.

State, Market and Society in an Emerging Economy

Author : Quamrul Alam,Rizwan Khair,Asif M. Shahan
Publisher : Taylor & Francis
Page : 412 pages
File Size : 49,7 Mb
Release : 2023-07-26
Category : Business & Economics
ISBN : 9781000906042

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State, Market and Society in an Emerging Economy by Quamrul Alam,Rizwan Khair,Asif M. Shahan Pdf

The economic and social development that Bangladesh has achieved in the past two decades has made Bangladesh a development paradox. This book tries to explain this paradox through a political economy lens. The book explains the linkages between the state, changing society and emerging private sector, and examines whether the social transformation taking place in Bangladesh has the potential to live up to the expectations of a middle- income country. The early part of the book unravels the myriad relations between the state, society and market to project the aspirations of a newly independent nation. It analyzes how political turmoil, militarization of politics, politicization of institutions, reforms initiatives, industrial and social development policies, and the power nexus influenced the nature of the political economy of Bangladesh. The book goes on to examine how domestic appetite for capital and raw materials, the digital revolution, and the capacity of the local market to absorb expanded economic activities have created an environment that catalyzes innovation and entrepreneurship. The book also explains how the country has attempted to transform from an agrarian to a manufacturing- based economy, with rapid growth in the ready- made garment industry, pisciculture, pharmaceuticals and the ICT sector. Bangladesh’s journey from an emerging economy towards a developed country would interest those researching on development economics and those in policy making.

The Developer's Dilemma

Author : Armida Salsiah Alisjahbana,Kunal Sen,Andy Sumner,Arief Yusuf
Publisher : Oxford University Press
Page : 327 pages
File Size : 44,8 Mb
Release : 2023-02-09
Category : Business & Economics
ISBN : 9780192667564

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The Developer's Dilemma by Armida Salsiah Alisjahbana,Kunal Sen,Andy Sumner,Arief Yusuf Pdf

This is an open access title available under the terms of a CC BY-NC-SA 3.0 IGO licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. Developing countries seek economic development which is broad-based or inclusive in the sense that it raises the income of all, especially the poor. Yet this is at odds with Simon Kuznets' hypothesis that economic development tends to put upward pressure on income inequality, at least initially and in the absence of countervailing policies. The Developer's Dilemma explores this 'Kuznetsian tension' between structural transformation and income inequality. The book asks: what are the varieties of structural transformation that have been experienced in developing countries? What inequality dynamics are associated with each variety of structural transformation? And what policies have been utilized to manage trade-offs between structural transformation, income inequality, and inclusive growth? Across nine country cases written by academics across the Global South, this book answers these questions using a comparative case study approach with a common analytical framework and a set of common datasets. The intended intellectual contribution of the book is to provide a comparative analysis of the relationship between structural transformation, income inequality, and inclusive growth; to do so empirically at a regional and national level, and to draw conclusions about the varieties of structural transformation, their inequality dynamics, and the policies that have been employed to mediate the developer's dilemma.

Bangladesh Gender Equality Diagnostic of Selected Sectors

Author : Asian Development Bank
Publisher : Asian Development Bank
Page : 188 pages
File Size : 51,5 Mb
Release : 2018-01-01
Category : Social Science
ISBN : 9789292610074

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Bangladesh Gender Equality Diagnostic of Selected Sectors by Asian Development Bank Pdf

Over the last two decades, Bangladesh has made progress in women's participation in the labor force, gender parity in primary education, and women's political representation. Areas of concern include the high prevalence of violence against women, obstacles to women's access to resources and assets, unequal terms of their labor engagement, and impact of their overwhelming responsibility for care work. The Government of Bangladesh has made policy commitments toward gender equality and established an institutional framework to fulfill these. This publication intends to support the government in its attempt to address persisting gender inequalities and gaps through a multisector approach across policies, programs, and projects. It provides insights into gender issues in urban; transport; energy; and skills, vocational, and tertiary education, and gives suggestions for strengthening gender mainstreaming in projects.

Urban Poetics and Politics in Contemporary South Asia and the Middle East

Author : Pourya Asl, Moussa
Publisher : IGI Global
Page : 354 pages
File Size : 53,6 Mb
Release : 2023-01-16
Category : Social Science
ISBN : 9781668466520

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Urban Poetics and Politics in Contemporary South Asia and the Middle East by Pourya Asl, Moussa Pdf

In today’s world, it is crucial to understand how cities and urban spaces operate in order for them to continue to develop and improve. To ensure cities thrive, further study on past and current policies and practices is required to provide a thorough understanding. Urban Poetics and Politics in Contemporary South Asia and the Middle East examines the poetics and politics of city and urban spaces in contemporary South Asia and the Middle East and seeks to shed light on how individuals constitute, experience, and navigate urban spaces in everyday life. This book aims to initiate a multidisciplinary approach to the study of city life by engaging disciplines such as urban geography, gender studies, feminism, literary criticism, and human geography. Covering key topics such as racism, urban spaces, social inequality, and gender roles, this reference work is ideal for government officials, policymakers, researchers, scholars, practitioners, academicians, instructors, and students.

Designing Labor Market Institutions in Emerging and Developing Economies

Author : Mr.Romain A Duval,Mr.Prakash Loungani
Publisher : International Monetary Fund
Page : 58 pages
File Size : 50,6 Mb
Release : 2019-05-21
Category : Business & Economics
ISBN : 9781498315203

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Designing Labor Market Institutions in Emerging and Developing Economies by Mr.Romain A Duval,Mr.Prakash Loungani Pdf

This paper discusses theoretical aspects and evidences related to designing labor market institutions in emerging market and developing economies. This note reviews the state of theory and evidence on the design of labor market institutions in a developing economy context and then reviews its consistency with actual labor market advice in a selected set of emerging and developing economies. The focus is mainly on three broad sets of institutions that matter for both workers’ protection and labor market efficiency: employment protection, unemployment insurance and social assistance, minimum wages and collective bargaining. Text mining techniques are used to identify IMF recommendations in these areas in Article IV Reports for 30 emerging and frontier economies over 2005–2016. This note has provided a critical review of the literature on the design of labor market institutions in emerging and developing market economies, and benchmarked the advice featured in IMF recommendations for 30 emerging market and frontier economies against the tentative conclusions from the literature.