Download or read book Structural Change and Dynamics of Labor Markets in Bangladesh written by Selim Raihan and published by Springer. This book was released on 2018-08-29 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Structural Change and Dynamics of Labor Markets in Bangladesh written by Selim Raihan and published by . This book was released on 2016 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Structural Transformation of Bangladesh Economy written by Mustafa K. Mujeri and published by Springer Nature. This book was released on 2021-03-18 with total page 299 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Structural change fundamentals and growth a framework and case studies written by McMillan, Margaret and published by Intl Food Policy Res Inst. This book was released on 2017-05-11 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Labor Market and Economic Adjustment written by Pierre-Richard Agénor and published by International Monetary Fund. This book was released on 1995-11-01 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Structural Transformation Inequality Dynamics and Inclusive Growth in Bangladesh written by Selim Raihan and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Agrarian Labour Arrangements and Structural Change written by Gillian Patricia Hart and published by . This book was released on 1984 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Is the Bangladesh Paradox Sustainable written by Selim Raihan and published by Cambridge University Press. This book was released on 2023-09-30 with total page 443 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book State Market and Society in an Emerging Economy written by Quamrul Alam and published by Taylor & Francis. This book was released on 2023-07-26 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book The Developer s Dilemma written by Armida Salsiah Alisjahbana and published by Oxford University Press. This book was released on 2023-02-09 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Labor Markets and Business Cycles written by Robert Shimer and published by Princeton University Press. This book was released on 2010-04-12 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Labor Markets and Business Cycles integrates search and matching theory with the neoclassical growth model to better understand labor market outcomes. Robert Shimer shows analytically and quantitatively that rigid wages are important for explaining the volatile behavior of the unemployment rate in business cycles. The book focuses on the labor wedge that arises when the marginal rate of substitution between consumption and leisure does not equal the marginal product of labor. According to competitive models of the labor market, the labor wedge should be constant and equal to the labor income tax rate. But in U.S. data, the wedge is strongly countercyclical, making it seem as if recessions are periods when workers are dissuaded from working and firms are dissuaded from hiring because of an increase in the labor income tax rate. When job searches are time consuming and wages are flexible, search frictions--the cost of a job search--act like labor adjustment costs, further exacerbating inconsistencies between the competitive model and data. The book shows that wage rigidities can reconcile the search model with the data, providing a quantitatively more accurate depiction of labor markets, consumption, and investment dynamics. Developing detailed search and matching models, Labor Markets and Business Cycles will be the main reference for those interested in the intersection of labor market dynamics and business cycle research.
Download or read book Bangladesh Gender Equality Diagnostic of Selected Sectors written by Asian Development Bank and published by Asian Development Bank. This book was released on 2018-01-01 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Urban Poetics and Politics in Contemporary South Asia and the Middle East written by Pourya Asl, Moussa and published by IGI Global. This book was released on 2023-01-16 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Designing Labor Market Institutions in Emerging and Developing Economies written by Mr.Romain A Duval and published by International Monetary Fund. This book was released on 2019-05-21 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Sticky Feet written by Claire H. Hollweg and published by World Bank Publications. This book was released on 2014-07-03 with total page 123 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report quantifies labor mobility costs in developing countries and simulates the implied adjustment paths of employment and wages following a change in trade policy. High mobility costs are shown to reduce the potential gains to trade reform.
Download or read book Indonesia written by Edimon Ginting and published by Asian Development Bank. This book was released on 2018-02-01 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book focuses on Indonesia's most pressing labor market challenges and associated policy options to achieve higher and more inclusive economic growth. The challenges consist of creating jobs for and the skills in a youthful and increasingly better educated workforce, and raising the productivity of less-educated workers to meet the demands of the digital age. The book deals with a range of interrelated topics---the changing supply and demand for labor in relation to the shift of workers out of agriculture; urbanization and the growth of megacities; raising the quality of schooling for new jobs in the digital economy; and labor market policies to improve both labor standards and productivity.
Download or read book Informal Workers and Organized Action written by Neetu Choudhary and published by Springer Nature. This book was released on 2021-12-13 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book utilizes the School to Work Transition Survey (SWTS) of the ILO to discuss what shapes an individual worker’s decision to participate in unionization and how her working condition is affected by that.. There remains a disconnect as far as our understanding of the relationship between the labour’s choice to unionize as individual actor and the broader socioeconomic, political and cultural context of that choice, is concerned.Using the SWTS data, the book focuses on the identification of the correlates of workers’ propensity to unionize, the outcomes of unionizing and their synthesis with the wider political economy context to arrive at stylized patterns in the way informal workers exercise their agency.The book also reflects upon field data on organizing challenges of migrant workers in the light of the COVID-19 pandemic in India. The book does not claim to establish any causality but is interested in bringing out broad patterns that define informal workers’ organizing in a particular context. In the process, the book ends up with the preposition that despite all the heterogeneities across regions, informal workers’ organizing today can be understood through the lens of pragmatism.
