Bangladesh Development Update, October 2016
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.
Main Author: | |
---|---|
Format: | Report biblioteca |
Language: | English en_US |
Published: |
World Bank, Washington, DC
2016-10
|
Subjects: | economic growth, shared prosperity, poverty, structural reforms, economic outlook, carbon tax, |
Online Access: | http://documents.worldbank.org/curated/en/2016/10/26842870/bangladesh-development-update-sustained-development-progress https://hdl.handle.net/10986/25274 |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
id |
dig-okr-1098625274 |
---|---|
record_format |
koha |
spelling |
dig-okr-10986252742024-08-07T19:50:43Z Bangladesh Development Update, October 2016 Sustained Development Progress World Bank economic growth shared prosperity poverty structural reforms economic outlook carbon tax 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. 2016-10-25T22:27:01Z 2016-10-25T22:27:01Z 2016-10 Report Rapport Informe http://documents.worldbank.org/curated/en/2016/10/26842870/bangladesh-development-update-sustained-development-progress https://hdl.handle.net/10986/25274 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank application/pdf text/plain World Bank, Washington, DC |
institution |
Banco Mundial |
collection |
DSpace |
country |
Estados Unidos |
countrycode |
US |
component |
Bibliográfico |
access |
En linea |
databasecode |
dig-okr |
tag |
biblioteca |
region |
America del Norte |
libraryname |
Biblioteca del Banco Mundial |
language |
English en_US |
topic |
economic growth shared prosperity poverty structural reforms economic outlook carbon tax economic growth shared prosperity poverty structural reforms economic outlook carbon tax |
spellingShingle |
economic growth shared prosperity poverty structural reforms economic outlook carbon tax economic growth shared prosperity poverty structural reforms economic outlook carbon tax World Bank Bangladesh Development Update, October 2016 |
description |
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. |
format |
Report |
topic_facet |
economic growth shared prosperity poverty structural reforms economic outlook carbon tax |
author |
World Bank |
author_facet |
World Bank |
author_sort |
World Bank |
title |
Bangladesh Development Update, October 2016 |
title_short |
Bangladesh Development Update, October 2016 |
title_full |
Bangladesh Development Update, October 2016 |
title_fullStr |
Bangladesh Development Update, October 2016 |
title_full_unstemmed |
Bangladesh Development Update, October 2016 |
title_sort |
bangladesh development update, october 2016 |
publisher |
World Bank, Washington, DC |
publishDate |
2016-10 |
url |
http://documents.worldbank.org/curated/en/2016/10/26842870/bangladesh-development-update-sustained-development-progress https://hdl.handle.net/10986/25274 |
work_keys_str_mv |
AT worldbank bangladeshdevelopmentupdateoctober2016 AT worldbank sustaineddevelopmentprogress |
_version_ |
1807159014945980416 |