Book

Strengthening Competitiveness In Bangladesh—Thematic Assessment : A Diagnostic Trade Integration Study

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collection.link.38
https://openknowledge.worldbank.org/handle/10986/2146
collection.name.38
Directions in Development
dc.contributor.author
Kathuria, Sanjay
en_US
dc.contributor.author
Malouche, Mariem Mezghenni
en_US
dc.contributor.editor
Kathuria, Sanjay
en_US
dc.contributor.editor
Malouche, Mariem Mezghenni
en_US
dc.date.accessioned
2016-07-15T16:47:00Z
en_US
dc.date.available
2016-07-15T16:47:00Z
en_US
dc.date.issued
2016-07-15
en_US
dc.description.abstract
This is volume 2 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 second volume provides in-depth analysis across seven cross-cutting themes that underpin most of the findings of pillars 1 and 2 above.
en_US
dc.identifier.isbn
978-1-4648-0898-2
en_US
dc.identifier.uri
http://hdl.handle.net/10986/24705
en_US
dc.language
English
en_US
dc.language.iso
en_US
en_US
dc.publisher
Washington, DC: World Bank
en_US
dc.relation.ispartofseries
Directions in Development--Trade;
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dc.rights
CC BY 3.0 IGO
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dc.rights.holder
Government of the People's Republic of Bangladesh
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dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo/
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dc.subject
TRADE
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dc.subject
INTEGRATION
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dc.subject
COMPETITIVENESS
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dc.subject
INVESTMENT
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dc.subject
OPENNESS
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dc.subject
TRADE FACILITATION
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dc.subject
JUTE
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dc.subject
FOREIGN INVESTMENT
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dc.subject
CLOTHING
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dc.subject
SERVICES
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dc.subject
STANDARDS
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dc.subject
PROTECTIONISM
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dc.title
Strengthening Competitiveness In Bangladesh—Thematic Assessment
en_US
dc.title.subtitle
A Diagnostic Trade Integration Study
en_US
dc.type
Book
en_US
okr.associatedcontent
https://openknowledge.worldbank.org/handle/10986/25140 Attracting Investment in Bangladesh—Sectoral Analyses
en_US
okr.associatedcontent
https://openknowledge.worldbank.org/handle/10986/22712 Toward New Sources of Competitiveness in Bangladesh : Key Insights
en_US
okr.date.disclosure
2016-08-05
en_US
okr.doctype
Publications & Research
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okr.doctype
Publications & Research :: Publication
en_US
okr.googlescholar.linkpresent
yes
okr.identifier.doi
10.1596/978-1-4648-0898-2
en_US
okr.identifier.internaldocumentum
210898
en_US
okr.identifier.report
107160
en_US
okr.imported
true
en_US
okr.region.administrative
South Asia
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okr.region.country
Bangladesh
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okr.topic
International Economics and Trade :: Access to Markets
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okr.topic
International Economics and Trade :: Export Competitiveness
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okr.topic
International Economics and Trade :: Trade Facilitation
en_US
okr.topic
International Economics and Trade :: Trade Policy
en_US
okr.topic
International Economics and Trade :: Trade and Standards
en_US
okr.unit
GTC06
en_US

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