Publication:
Good Enough for Outstanding Growth: The Experience of Bangladesh in Comparative Perspective

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dc.contributor.authorBeyer, Robert C.M.
dc.contributor.authorWacker, Konstantin M.
dc.date.accessioned2022-08-23T15:00:07Z
dc.date.available2022-08-23T15:00:07Z
dc.date.issued2022-08
dc.description.abstractThis paper investigates the outstanding economic growth experience of Bangladesh. It shows that the country’s improvements in structural correlates of growth from 1990 to 2004 are in the global top 5 percent for any 15-year period since 1970. They were driven by infrastructure enhancements, more openness to trade, and increasing foreign direct investment. Additionally, this period coincided with significant financial reforms after the banking crisis of the late 1980s and increased political stability. A further increase in growth after 2005 was not correlated with new growth impulses from structural improvements. Instead, the benefits from previous achievements and a stable macroeconomic and institutional environment were “good enough” to prevent the mean reversion of growth that comparable fast-growing economies usually experience.en
dc.identifierhttp://documents.worldbank.org/curated/en/099245308232224257/IDU0864f5b27096720401c084f70585706522d9d
dc.identifier.doi10.1596/1813-9450-10150
dc.identifier.urihttps://hdl.handle.net/10986/37914
dc.languageEnglish
dc.language.isoen
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Papers;10150
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectSTABLE INSTITUTIONS
dc.subjectMACROECONOMIC STABILITY
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC DEVELOPMENT
dc.subjectINSTITUTIONAL REFORM
dc.subjectTRADE OPENESS
dc.subjectFOREIGN INVESTMENT
dc.subjectTRADE POLICY
dc.titleGood Enough for Outstanding Growthen
dc.title.subtitleThe Experience of Bangladesh in Comparative Perspectiveen
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titleGood Enough for Outstanding Growth: The Experience of Bangladesh in Comparative Perspective
okr.date.disclosure2022-08-23
okr.date.doiregistration2025-04-10T10:10:28.130712Z
okr.date.lastmodified2022-08-23T00:00:00Zen
okr.doctypePolicy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/099245308232224257/IDU0864f5b27096720401c084f70585706522d9d
okr.guid099245308232224257
okr.identifier.doi10.1596/1813-9450-10150
okr.identifier.externaldocumentum33886736
okr.identifier.internaldocumentum33886736
okr.identifier.reportWPS10150
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099245308232224257/pdf/IDU0864f5b27096720401c084f70585706522d9d.pdfen
okr.region.administrativeSouth Asia
okr.region.countryBangladesh
okr.topicInternational Economics and Trade::Foreign Direct Investment
okr.topicInternational Economics and Trade::Foreign Trade Promotion and Regulation
okr.topicMacroeconomics and Economic Growth::Business Cycles and Stabilization Policies
okr.topicMacroeconomics and Economic Growth::Economic Conditions and Volatility
okr.topicMacroeconomics and Economic Growth::Economic Development
okr.unitEFI-SAR-MTI-MacroFiscal (ESAMU)
relation.isAuthorOfPublicatione5daa287-d71e-5574-9de0-fd7c636e5828
relation.isAuthorOfPublication.latestForDiscoverye5daa287-d71e-5574-9de0-fd7c636e5828
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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