Title Toward New Sources of Competitiveness in Bangladesh
Subtitle Key Findings of the Diagnostic Trade Integration Study
Author Sanjay Kathuria, Mariem Mezghenni Malouche
ISBN 9781464806476
List price USD 29.95
Price outside India Available on Request
Original price
Binding Paperback
No of pages 166
Book size 178 x 254 mm
Publishing year 2016
Original publisher The World Bank
Published in India by The World Bank
Exclusive distributors Viva Books Private Limited
Sales territory India, Sri Lanka, Bangladesh, Pakistan, Nepal, .
Status New Arrival
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Description:

Bangladesh has achieved robust and resilient economic performance in recent decades, accompanied by a sustained decline in poverty. Real GDP has grown at a healthy rate, accompanied by a steady decline in poverty headcount rates and in the number of poor people, despite a growing population.

Building on these growth and poverty reduction achievements, Bangladesh has initiated policies to accelerate growth to achieve its goal of becoming a middle-income country by 2021 and in the process share prosperity more widely among its citizens. One of its greatest development challenges is to provide gainful employment for those currently unemployed, as well as to plan for about 2.1 million new people who are expected to join the labor force each year over the next decade.

Based on robust analytical work, the Diagnostic Trade Integration Study proposes a four-pillar strategy to sustain and accelerate growth:

Breaking into new markets through better trade logistics to reduce delivery lags, and improved development of regional trading opportunities in growing markets, especially East and South Asia

• Breaking into new products through more neutral and rational trade policies, taxation, and bonded warehouse schemes; through concerted efforts to spur domestic investment and attract foreign direct investment to contribute to export growth and diversification; and through strategic development and promotion of services trade

Improving worker and consumer welfare by improving skills and literacy, implementing labor and work safety guidelines, and making safety nets more effective in dealing with trade shocks

Building a supportive environment, including sustaining sound macroeconomic fundamentals, and strengthening the institutional capacity for strategic policy making.

Toward New Sources of Competitiveness in Bangladesh: Key Findings of the Diagnostic Trade Integration Study is the first of three volumes. It includes a matrix of specific reforms to be implemented by the government with the support of development partners. The second volume provides the thematic assessment for critical trade-related issues, and the third volume provides the underpinning for the recommendations through detailed sector analyses.

 

Contents:

Foreword

Acknowledgments

About the Authors

Abbreviations

Key Messages

Chapter 1: Overview • Imperative to Engage with the World Economy • Strong Record on Growth, Poverty Reduction, and the Current Account • Emerging Issues in Export Growth and Its Sustainability • Enabling Exports and Imports to Play a More Prominent Role in the Economy • Conclusions • Notes • References

Chapter 2: Bangladesh’s Export Performance • Characteristics of Export Growth • Growth in Garments and Product and Market Diversification • Notes • References

Chapter 3: Four-Pillar Strategy to Spur Faster, Export-Led Growth • Pillar 1: Breaking into New Markets • Pillar 2: Breaking into New Products • Pillar 3: Improving Worker and Consumer Welfare • Pillar 4: Building a Supportive Environment • Notes • References

Chapter 4 Illustrating the Thematic Analysis: Export Constraints and Potential in Selected Sectors • Some Common Themes across Sectors • Emerging Sectors: The Case of Shipbuilding • Revival of Jute and Jute-Based Products • Diversified Jute: Non-Leather Footwear • Garments: Moving Up the Value Chain—The Case of Polo Shirts • The Challenge of Moving to More Capital-Intensive Light Engineering: The Case of Bicycles • Expanding Services: The Case of Information Technology Enabled Services • Pharmaceuticals • Notes • References

Chapter 5 Conclusions

Appendix A Proposed Action Matrix 

 

About the Authors:

Sanjay Kathuria is Lead Economist in the World Bank’s South Asia Regional Cooperation and Integration Unit, based in Washington, D.C. Until August 2012, he was the World Bank’s Lead Economist for Bangladesh, based in Dhaka. In 23 years at the World Bank, he has worked in South Asia, as well as in the Latin American and the Caribbean and Europe and Central Asia regions. Prior to joining the World Bank, he was a Fellow at the Indian Council for Research on International Economic Relations in New Delhi. He graduated from St. Stephen’s College, and he received his master’s from the Delhi School of Economics and his PhD from Oxford University. His research interests include economic growth, economic integration, international trade and trade policy, competitiveness, technology development, fiscal policy, and financial sector development. He has published several books and academic and popular articles on those topics. Recent books and reports include coauthor of Consolidating and Accelerating Exports in Bangladesh (World Bank 2012); lead author of Macedonia, FYR: Moving to Faster and More Inclusive Growth: A Country Economic Memorandum (World Bank 2009); and editor of Western Balkan Integration and the EU: An Agenda for Growth and Development (World Bank 2008).

Mariem Mezghenni Malouche is a Senior Economist at the World Bank in Washington, D.C. Her areas of interest include trade and competitiveness, economic integration, trade policy, nontariff measures, export diversification, trade finance, and diaspora. She joined the World Bank in 2004 as an economist in the Middle East and North Africa (MENA) and later the International Trade department. She earned a PhD in international economics from Université Paris- Dauphine, France, and a master’s degree in business from University of Tunis III with the highest honors. She is a coauthor of Streamlining Non-Tariff Measures: A Toolkit for Policy Makers (World Bank 2012); coeditor of Non-Tariff Measures: A Fresh Look at Trade Policy’s New Frontier; and coeditor of Trade Finance during the Great Trade Collapse (World Bank 2011). She participated in and contributed to a number of country-level policy dialogue, development policy loans, and reports in MENA, South Asia, and Sub-Saharan Africa, notably in Bangladesh, Kazakhstan, Lao PDR, Libya, Mauritius, Morocco, and Tunisia.

 

Target Audience:

People interested in International Economics and Trade.

 
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