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Attracting Investment in Bangladesh—Sectoral Analyses: A Diagnostic Trade Integration Study

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dc.contributor.authorMezghenni Malouche, Mariem
dc.contributor.authorKathuria, Sanjay
dc.contributor.editorKathuria, Sanjay
dc.contributor.editorMezghenni Malouche, Mariem
dc.contributor.otherChanda, Rupa
dc.contributor.otherDausendschoen, Kay
dc.contributor.otherElbert, Christine
dc.contributor.otherGessese, Nebiyeleul
dc.contributor.otherKonishi, Yasuo
dc.contributor.otherRaihan, Selim
dc.contributor.otherRizwan, Nadeem
dc.contributor.otherSurabian, Glenn
dc.contributor.otherVeliu, Atdhe
dc.date.accessioned2016-10-13T15:23:23Z
dc.date.available2016-10-13T15:23:23Z
dc.date.issued2016-10-13
dc.description.abstractThis is volume 3 of a three-volume publication on Bangladesh’s trade prospects. Bangladesh’s ambition is to build on its very solid growth and poverty reduction achievements, and accelerate growth to become a middle income country by 2021, and share prosperity more widely amongst its citizens. This includes one of its greatest development challenges: to provide gainful employment to the over 2 million people that will join the labor force each year over the next decade. Moreover, only 54.1 million of its 94 million working age people are employed. Bangladesh needs to use its labor endowment even more intensively to increase growth and, in turn, to absorb the incoming labor. The Diagnostic Trade Integration Study identifies the following actions centered around four pillars to sustain and accelerate export growth: (1) breaking into new markets through a) better trade logistics to reduce delivery lags ; as world markets become more competitive and newer products demand shorter lead times, to generate new sources of competitiveness and thereby enable market diversification; and b) better exploitation of regional trading opportunities in nearby growing and dynamic markets, especially East and South Asia; (2) breaking into new products through a) more neutral and rational trade policy and taxation and bonded warehouse schemes; b) concerted efforts to spur domestic investment and attract foreign direct investment, to contribute to export promotion and diversification, including by easing the energy and land constraints; and c) strategic development and promotion of services trade; (3) improving worker and consumer welfare by a) improving skills and literacy; b) implementing labor and work safety guidelines; and c) making safety nets more effective in dealing with trade shocks; and (4) building a supportive environment, including a) sustaining sound macroeconomic fundamentals; and b) strengthening the institutional capacity for strategic policy making aimed at the objective of international competitiveness to help bring focus and coherence to the government’s reform efforts. This third volume provides in-depth analysis of eight different manufacturing and services sectors of the Bangladeshi economy, which help to illustrate the thematic analysis of volume 2 and ground it in sector experiences. Besides pointing to cross-cutting themes, the analysis also highlights some specific issues and actions that could help relieve constraints to faster export growth in these sectors.en
dc.identifier.doi10.1596/978-1-4648-0924-8
dc.identifier.isbn978-1-4648-0924-8
dc.identifier.urihttps://hdl.handle.net/10986/25140
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.relation.ispartofseriesDirections in Development--Trade;
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectTRADE
dc.subjectINTEGRATION
dc.subjectCOMPETITIVENESS
dc.subjectINVESTMENT
dc.subjectOPENNESS
dc.subjectTRADE FACILITATION
dc.subjectJUTE
dc.subjectFOREIGN INVESTMENT
dc.subjectCLOTHING
dc.subjectSERVICES
dc.subjectSTANDARDS
dc.subjectPROTECTIONISM
dc.titleAttracting Investment in Bangladesh—Sectoral Analysesen
dc.title.subtitleA Diagnostic Trade Integration Studyen
dc.typeBooken
dc.typeLivrefr
dc.typeLibroes
dspace.entity.typePublication
okr.associatedcontenthttps://openknowledge.worldbank.org/handle/10986/22712 Toward New Sources of Competitiveness in Bangladesh : Key Insights
okr.associatedcontenthttps://openknowledge.worldbank.org/handle/10986/24705 Strengthening Competitiveness In Bangladesh—Thematic Assessment
okr.crossref.titleAttracting Investment in Bangladesh—Sectoral Analyses: A Diagnostic Trade Integration Study
okr.date.disclosure2016-11-09
okr.date.doiregistration2025-04-15T11:23:24.084009Z
okr.doctypePublications & Research
okr.doctypePublications & Research::Publication
okr.identifier.doi10.1596/978-1-4648-0924-8
okr.identifier.doihttps://doi.org/10.1596/978-1-4648-0924-8
okr.identifier.internaldocumentum210924
okr.identifier.report109156
okr.importedtrue
okr.language.supporteden
okr.pdfurlsftp://107.21.26.223:22//sftp/production/okr_delivery/2298984/9781464809248.pdfen
okr.region.administrativeSouth Asia
okr.region.countryBangladesh
okr.topicIndustry::Industrial Economics
okr.topicInformation and Communication Technologies::ICT Economics
okr.topicInternational Economics and Trade::Export Competitiveness
okr.topicInternational Economics and Trade::Trade Policy
okr.topicPrivate Sector Development::Business Environment
okr.topicPrivate Sector Development::Competitiveness and Competition Policy
okr.unitGTC06
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