Publication:
Economic Reforms, Growth, and Governance: The Political Economy Aspects of Bangladesh's Development Surprise

dc.contributor.author Mahmud, Wahiduddin
dc.contributor.author Ahmed, Sadiq
dc.contributor.author Mahajan, Sandeep
dc.date.accessioned 2017-08-28T20:32:53Z
dc.date.available 2017-08-28T20:32:53Z
dc.date.issued 2008
dc.description.abstract Bangladesh has in recent decades achieved reasonably rapid economic growth and significant progress in social development indicators despite many impediments: the desperate initial conditions after gaining independence, lack of resources, natural disasters, widespread corruption, and a record of systemic governance failure. By identifying the sources of growth stimulus and the drivers of social transformation, the paper addresses what it calls Bangladesh's development surprise. The policy-making process is analyzed as the outcome of incentives created by patronage politics as opposed to the compulsion for the government to play an effective developmental role. The paper examines the governance-growth nexus as affecting the pace and quality of growth and its inclusiveness. If the governance environment has been barely adequate to cope with an economy breaking out of stagnation and extreme poverty, it increasingly may prove a barrier to putting the economy firmly on a path of modernization and global integration. Bangladesh's experience also shows that it is possible to make rapid initial progress in many social development indicators by creating awareness through successful social mobilization campaigns and by reaping the gains from affordable low-cost solutions. Further progress, however, will require increased public social spending and improved quality of public service delivery. en
dc.identifier http://documents.worldbank.org/curated/en/763541468013237841/Economic-reforms-growth-and-governance-the-political-economy-aspects-of-Bangladeshs-development-surprise
dc.identifier.uri http://hdl.handle.net/10986/28037
dc.language English
dc.language.iso en_US
dc.publisher World Bank, Washington, DC
dc.relation.ispartofseries Commission on Growth and Development Working Paper;No. 22
dc.rights CC BY 3.0 IGO
dc.rights.holder World Bank
dc.rights.uri http://creativecommons.org/licenses/by/3.0/igo
dc.subject ACCOUNTABILITY
dc.subject ADVERSE EFFECT
dc.subject AGRICULTURAL LOANS
dc.subject AGRICULTURE
dc.subject AMORTIZATION
dc.subject BANK LENDING
dc.subject BANK LOANS
dc.subject BANKING SECTOR
dc.subject BANKING SECTOR REFORMS
dc.subject BANKING SYSTEM
dc.subject BENEFICIARIES
dc.subject BENEFICIARY
dc.subject BONDED WAREHOUSES
dc.subject BUDGET DEFICIT
dc.subject BUREAUCRACY
dc.subject BUSINESS COMMUNITY
dc.subject BUSINESS CYCLE
dc.subject CAPITAL INFLOWS
dc.subject CAPITAL INVESTMENT
dc.subject CENTRAL BANK
dc.subject CLOSED ECONOMY
dc.subject COMMERCIAL BANKING
dc.subject CONFLICT OF INTEREST
dc.subject CONSUMER GOODS
dc.subject CONSUMER PRICE INDEX
dc.subject CONSUMPTION EXPENDITURE
dc.subject CORE GOVERNANCE
dc.subject CORRUPTION
dc.subject COUNTRY DATA
dc.subject CREDIBILITY
dc.subject CREDIT EXPANSION
dc.subject CRONY
dc.subject CURRENCY
dc.subject CURRENT ACCOUNT DEFICIT
dc.subject DEBT
dc.subject DEFAULTERS
dc.subject DEMOCRACY
dc.subject DEMOCRATIC INSTITUTIONS
dc.subject DEREGULATION
dc.subject DEREGULATION OF INTEREST
dc.subject DEVALUATION
dc.subject DEVALUATIONS
dc.subject DEVELOPING COUNTRIES
dc.subject DEVELOPMENT ECONOMICS
dc.subject DEVELOPMENT POLICY
dc.subject DEVELOPMENT PROJECTS
dc.subject DEVELOPMENT STRATEGIES
dc.subject DEVELOPMENT STRATEGY
dc.subject DIRECT INVESTMENT
dc.subject DOMESTIC BORROWING
dc.subject DOMESTIC CURRENCY
dc.subject ECONOMIC COMPETITIVENESS
dc.subject ECONOMIC DEVELOPMENT
dc.subject ECONOMIC FUNCTIONS
dc.subject ECONOMIC GEOGRAPHY
dc.subject ECONOMIC GROWTH
dc.subject ECONOMIC LIBERALIZATION
dc.subject ECONOMIC ORDER
dc.subject ECONOMIC PERFORMANCE
dc.subject ECONOMIC REFORMS
dc.subject ECONOMIC RELATIONS
dc.subject ECONOMICS RESEARCH
dc.subject ENTRY BARRIERS
dc.subject EQUIPMENT
dc.subject EXCHANGE CONTROL
dc.subject EXCHANGE RATES
dc.subject EXPENDITURE
dc.subject EXPORT GROWTH
dc.subject EXPORTERS
dc.subject EXPORTS
dc.subject EXTERNAL DEFICITS
dc.subject EXTREME POVERTY
dc.subject FINANCIAL LIBERALIZATION
dc.subject FISCAL DEFICIT
dc.subject FISCAL DEFICITS
dc.subject FISCAL POLICIES
dc.subject FISCAL POLICY
dc.subject FLEXIBLE EXCHANGE RATE
dc.subject FLOATING EXCHANGE RATE
dc.subject FOREIGN AID
dc.subject FOREIGN CAPITAL
dc.subject FOREIGN EXCHANGE
dc.subject FOREIGN EXCHANGE RESERVES
dc.subject FOREIGN INVESTORS
dc.subject GDP
dc.subject GINI COEFFICIENT
dc.subject GLOBAL MARKETS
dc.subject GOOD GOVERNANCE
dc.subject GOVERNANCE DATA
dc.subject GOVERNANCE ENVIRONMENT
dc.subject GOVERNANCE PROBLEM
dc.subject GOVERNANCE PROBLEMS
dc.subject GOVERNMENT EFFECTIVENESS
dc.subject GOVERNMENT EXPENDITURE
dc.subject GOVERNMENT POLICIES
dc.subject GOVERNMENT REVENUE
dc.subject GOVERNMENT SUPPORT
dc.subject GROSS NATIONAL SAVINGS
dc.subject GROWTH PERFORMANCE
dc.subject GROWTH RATE
dc.subject GROWTH RATES
dc.subject HOST COUNTRIES
dc.subject HUMAN DEVELOPMENT
dc.subject IMMUNIZATION
dc.subject IMPORT QUOTAS
dc.subject INCOME DISTRIBUTION
dc.subject INCOME GROWTH
dc.subject INCOME INEQUALITY
dc.subject INCOME LEVELS
dc.subject INCOME TAX
dc.subject INEFFICIENCY
dc.subject INEQUALITY
dc.subject INFLATION
dc.subject INFLATION RATE
dc.subject INFRASTRUCTURE DEVELOPMENT
dc.subject INSTITUTIONAL DEVELOPMENT
dc.subject INSTITUTIONAL REFORMS
dc.subject INSTITUTIONAL WEAKNESSES
dc.subject INTEREST PAYMENTS
dc.subject INTEREST RATES
dc.subject INTERNATIONAL BANK
dc.subject INTERNATIONAL DEVELOPMENT
dc.subject INVESTMENT CLIMATE
dc.subject INVESTMENT INCOMES
dc.subject INVESTMENT RATE
dc.subject INVESTOR PROTECTION
dc.subject JUSTICE SYSTEM
dc.subject LEGAL PROVISIONS
dc.subject LETTERS OF CREDIT
dc.subject LOAN
dc.subject LOAN DEFAULT
dc.subject LOAN RECOVERY
dc.subject LOAN REPAYMENT
dc.subject LOCAL BUSINESS
dc.subject LOCAL COMMUNITIES
dc.subject MACROECONOMIC ADJUSTMENT
dc.subject MACROECONOMIC IMBALANCES
dc.subject MACROECONOMIC MANAGEMENT
dc.subject MACROECONOMIC POLICIES
dc.subject MACROECONOMIC REFORMS
dc.subject MACROECONOMIC STABILITY
dc.subject MACROECONOMIC STABILIZATION
dc.subject MACROECONOMICS
dc.subject MARKET PRICES
dc.subject MARKET REFORMS
dc.subject MICROCREDIT
dc.subject MONETARY POLICY
dc.subject MULTILATERAL INSTITUTIONS
dc.subject NATIONAL INCOME
dc.subject NATIONAL POLICIES
dc.subject NATURAL DISASTERS
dc.subject NATURAL MONOPOLY
dc.subject NATURAL RESOURCES
dc.subject NONGOVERNMENTAL ORGANIZATIONS
dc.subject OPEN ECONOMY
dc.subject PARLIAMENT
dc.subject PATRON-CLIENT RELATIONSHIPS
dc.subject PER CAPITA INCOME
dc.subject POLITICAL AGENDA
dc.subject POLITICAL ECONOMY
dc.subject POLITICAL INFLUENCE
dc.subject POLITICAL LEGITIMACY
dc.subject POLITICAL PARTIES
dc.subject POLITICAL PARTY
dc.subject POLITICAL STABILITY
dc.subject POLITICAL SYSTEM
dc.subject POOR GOVERNANCE
dc.subject PRIMARY EDUCATION
dc.subject PRIMARY SCHOOL
dc.subject PRIVATE BANKS
dc.subject PRIVATE CAPITAL
dc.subject PRIVATE INVESTMENT
dc.subject PRIVATE SECTOR DEVELOPMENT
dc.subject PUBLIC DEBT
dc.subject PUBLIC EXPENDITURES
dc.subject PUBLIC GOOD
dc.subject PUBLIC INVESTMENT
dc.subject PUBLIC PROCUREMENT
dc.subject PUBLIC SERVICE DELIVERY
dc.subject PUBLIC SPENDING
dc.subject PUBLIC UTILITIES
dc.subject REAL EXCHANGE RATE
dc.subject REAL GDP
dc.subject REGULATORY FRAMEWORK
dc.subject REGULATORY QUALITY
dc.subject REMITTANCES
dc.subject RULE OF LAW
dc.subject SAVINGS CERTIFICATES
dc.subject SECONDARY SCHOOLS
dc.subject SOCIAL DEVELOPMENT
dc.subject SOCIAL SERVICES
dc.subject TAX
dc.subject TAX COMPLIANCE
dc.subject TAX EVASION
dc.subject TAX EXEMPTIONS
dc.subject TAX POLICIES
dc.subject TAX REGIME
dc.subject TAX SYSTEM
dc.subject TELECOMMUNICATIONS
dc.subject TOTAL REVENUE
dc.subject TRADE DEFICIT
dc.subject TRADE LIBERALIZATION
dc.subject TRADE POLICY
dc.subject TRADE PROTECTION
dc.subject TRADE UNIONS
dc.subject UNBUNDLING GOVERNANCE
dc.subject URBANIZATION
dc.subject VALUE ADDED
dc.subject VESTED INTERESTS
dc.subject VOTERS
dc.subject WAGES
dc.subject WITHDRAWAL
dc.title Economic Reforms, Growth, and Governance en
dc.title.subtitle The Political Economy Aspects of Bangladesh's Development Surprise en
dc.type Working Paper en
dc.type Document de travail fr
dc.type Documento de trabajo es
dspace.entity.type Publication
okr.date.disclosure 2010-12-01
okr.doctype Publications & Research :: Working Paper
okr.doctype Publications & Research
okr.docurl http://documents.worldbank.org/curated/en/763541468013237841/Economic-reforms-growth-and-governance-the-political-economy-aspects-of-Bangladeshs-development-surprise
okr.identifier.externaldocumentum 000333038_20101201233521
okr.identifier.internaldocumentum 13185432
okr.identifier.report 57722
okr.imported true
okr.language.supported en
okr.pdfurl http://documents.worldbank.org/curated/en/763541468013237841/pdf/577220NWP0Box353766B01PUBLIC10gcwp022web.pdf en
okr.region.administrative South Asia
okr.region.country Bangladesh
okr.topic Macroeconomics and Economic Growth :: Economic Theory & Research
okr.topic Governance :: Politics and Government
okr.topic Macroeconomics and Economic Growth :: Economic Development
okr.topic Macroeconomics and Economic Growth :: Economic Policy, Institutions and Governance
okr.topic Poverty Reduction :: Access of Poor to Social Services
okr.topic Poverty Reduction :: Achieving Shared Growth
okr.unit AFT: PREM 1 (AFTP1)
Files
Original bundle
Now showing 1 - 2 of 2
Thumbnail Image
Name:
English PDF
Size:
1.48 MB
Format:
Adobe Portable Document Format
Description:
No Thumbnail Available
Name:
English Text
Size:
112.58 KB
Format:
Plain Text
Description:
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description: