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Harnessing competitiveness for stronger inclusive growth : Bangladesh second investment climate assessment (anglais)

Bangladesh has recorded impressive economic and social gains since the 1990s. Recent growth has been at levels close to six percent. The country has doubled per capita growth and taken large strides toward reaching many Millennium Development Goals (MDGs), ahead of many comparable countries. Attaining the MDGs calls for accelerating economic growth to six-seven percent a year. Accordingly, Bangladesh's Poverty Reduction Strategy Paper (PRSP), ?unlocking the potential, puts into sharp focus the need for investment climate improvements, as well as inclusive growth and empowering the poor. Accelerating growth will require greater investment - to aid diversification into areas of comparative advantage and to finance infrastructure - and higher productivity. This in turn calls for a substantial improvement in the investment climate. The strategy as laid out in the PRSP promotes an enabling business environment as a key to Bangladesh's development - by improving trade policies, enhancing the legal and regulatory environment for the private sector, developing an effective competition policy, establishing policies friendly to foreign direct investment, and deepening financial sector reforms. Addressing labor skills and education is critical to improving productivity. Improvements in the policy environment for energy development are central to this effort, by strengthening the institutional framework, addressing distorted pricing, and encouraging accountable and transparent processes for investment decisions. Equitable growth and empowerment of the poor further call for strengthening of high-growth rural and peri-urban areas with natural potential, via services and infrastructure provision to such promising growth poles. With sustained growth, the scarcity of certain resources (energy, finance, land, labor skills) has started to strain the economy's growth and productivity gains. Along those lines, authors hope that this report will highlight successful strategies to unblock bottlenecks in basic resource markets and the investment environment, informing the policy dialogue and allowing for the economy and development of Bangladesh to forge ahead in a rapid, robust, and socially equitable manner.

Information

  • Auteur

    Alam,G. M. Khurshid, Fernandes,Ana Margarida, Hye,Syed Abul Kamal Md Abdul, Islam,Syed Estem Dadul, Nenova,Tatiana, Rahman,Aneeka, Shilpi,Forhad J., Sur,Mona

  • Date du document

    2008/10/01

  • Type de document

    Évaluation du climat de l’investissement (ICA)

  • Numéro du rapport

    56635

  • Volume

    1

  • Total Volume(s)

    1

  • Pays

    Bangladesh,

  • Région

    Asie du Sud,

  • Date de publication

    2010/09/16

  • Disclosure Status

    Disclosed

  • Titre du rapport

    Harnessing competitiveness for stronger inclusive growth : Bangladesh second investment climate assessment

  • Mots clé

    Micro, Small and Medium Enterprise;labor skills;Micro and Small Enterprises;rural area;metropolitan area;investment climate;access to finance;full time equivalent;empowerment of the poor;inefficient allocation of resource;impact on poverty reduction;legal and regulatory framework;international organization for standardization;ready made garments;demand for consumer good;Rural Investment Climate;provision of service;access to land;foreign direct investment;efficient transport system;investment climate constraint;reallocation of resource;investment in technology;foreign capital flow;cost of finance;demand for good;investment climate condition;firm performance;medium sized cities;value added tax;domestic investment rate;maintenance of infrastructure;high-value agricultural product;capital development authority;availability of service;business support service;number of women;investment climate improvement;average monthly earnings;management of service;large urban centers;infrastructure and services;rapid population growth;primarily due;mode of transportation;balanced regional development;service and infrastructure;competitiveness of firms;higher interest rate;pattern of development;per capita income;economies of scale;learning by doing;cost of electricity;good investment climate;state of emergency;fast economic growth;financial sector reform;public service delivery;source of employment;reduction in poverty;cost of land;Private Sector Growth;reliance on collateral;financial and operating;corporate social responsibility;inland water transport;local government decentralization;business development service;special economic zone;employment growth;productivity gain;rising inflation;property registration;contract enforcement;political instability;factor market;red tape;agglomeration economy;business environment;gender issue;safety standard;labor productivity;labor regulation;foreign competition;management skill;Public Services;investment level;financial system;inclusive growth;Macroeconomic Stability;regulatory environment;Lending Product;productive sector;Labor Market;sales growth;Tax Compliance;total employment;government regulation;land records;governance reform;agricultural production;governance improvement;infrastructure service;comparator country;village area;profit margin;congestion cost;crop suitability;migrant worker;rural village;regional infrastructure;land price;large population;serviced land;Higher Education;local market;stamp duty;Vocational Training;Land Registration;market linkage;land administration;customs rules;comparative advantage;manufacturing sector;capacity utilization;international market;export opportunities;export opportunity;reallocating resource;good governance;agricultural sector;information exchange;political stability;processing time;panel data;private power;financial intermediation;physical capacity;Tax Administration;export procedure;mobile telephone;horticultural crop;effective competition;white good;financial establishment;metropolitan city;unskilled worker;real growth;income rise;human capital;poverty outcome;Job Creation;sample design;financial market;retail trade;employment opportunity;significant loss;foreign ownership;Labor Law;physical infrastructure;small cities;export competitiveness;dynamic perspective;increase growth;comparative analysis;mobile telecommunication;global economy;industrial base;urbanization level;fishery product;food processing;credible institution;processed food;farm enterprise;electricity provision;urban congestion;income growth;productivity growth;improved connectivity;transitional government;rural population;Population Density;enhanced competition;business license;traffic condition;tax area;household income;informal competitors;employment opportunities;healthy growth;raise awareness;crop agriculture;livestock sector;shared growth;rural market;housing cost;city state;productive asset;cropping intensity;Land Ownership;long-term investment;price decision;small entrepreneur

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