This update introduces Bangladesh's new poverty numbers at $1.90 per capita per day in 2011 purchasing power parity (PPP) prices, followed by an account of recent economic development, the outlook, risks, and policy responses. The revised poverty rates are significantly lower, but follow the same downward historical trend seen when using the 2005 international extreme poverty line. Bangladesh can bring its extreme poverty rate down to nearly zero by 2030 either by accelerating GDP growth to 9 percent per year, or by maintaining its recent growth rate while taking steps to make growth more inclusive. Bangladesh is on track to sustaining its recent 6 plus percent growth in the near and medium-term, driven by exports and strong domestic demand. Security, financial and trade shocks are the main risks. The policy challenges are to boost productivity and private investment by reforming business regulations, addressing infrastructure and energy deficits and increasing the efficiency of financial intermediation. A special policy focus in this report is on introducing carbon taxation.
Detalhes
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Autor
Hussain,Zahid, Davies,Simon, Islam,Sheikh Tanjeb, Yoshida,Nobuo, Yanez Pagans,Monica, Alam,Afroza, Zucci, Christain Eigen, Mishra,Deepak K., Leary,Maura K., Chaudhuri,Shubham, Bidani,Benu, Khan,Mehar Akhter, Mohona,Sabiha Subah
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Data do documento
2016/10/01
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TIpo de documento
Documento de Trabalho
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No. do relatório
108745
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Nº do volume
1
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Total Volume(s)
1
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País
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Região
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Data de divulgação
2016/10/05
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Disclosure Status
Disclosed
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Nome do documento
Bangladesh development update : sustained development progress
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Palavras-chave
extreme poverty;information and communication technology;extreme poverty line;management of foreign exchange reserves;excessive use of water;alternative dispute resolution mechanism;international poverty line;per capita consumption growth;real effective exchange rate;resolution of business dispute;balance of payment indicator;public sector wage;bangladeshi taka;private investment rate;price of good;independent system operator;consumption per capita;extreme poverty rates;financial intermediation;education and health;electricity and gas;
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