Structural Change and Dynamics of Labor Markets in Bangladesh

Business & Finance, Career Planning & Job Hunting, Labor, Economics, Economic Development
Cover of the book Structural Change and Dynamics of Labor Markets in Bangladesh by , Springer Singapore
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: ISBN: 9789811320712
Publisher: Springer Singapore Publication: August 29, 2018
Imprint: Springer Language: English
Author:
ISBN: 9789811320712
Publisher: Springer Singapore
Publication: August 29, 2018
Imprint: Springer
Language: English

Outlining important policy requirements for Bangladesh to become an upper middle-income country, the book presents research work conducted during the project “Changing Labor Markets in Bangladesh: Understanding Dynamics in Relation to Economic Growth and Poverty,” sponsored by the International Development Research Center (IDRC), Canada. Bangladesh has experienced remarkable economic growth rates over the last decade. The country has recently been upgraded from a low-income country (LIC) to a lower-middle-income country (LMIC) as per the World Bank’s classification system. By 2024, the country also aspires to graduate from the United Nation’s list of least developed countries (LDC). The 7th five-year plan sets an ambitious target of 8 percent growth in GDP by 2020. There are also steep development targets to be achieved under the Sustainable Development Goals (SDGs) by 2030. All these will require an enormous leap forward from the current level of economic growth rate and sustaining it in the future. The situation also calls for considerable structural change in the economy, facilitating large-scale economic diversification. Rapid expansion of labor-intensive and high-productivity sectors, both in the farm and nonfarm sectors, is thus crucial for Bangladesh. Further, this should take place in conjunction with interventions to enhance productivity, jobs and incomes in traditional and informal activities where there are large pools of surplus labor. Given its relevance for Bangladesh and applicability to many other developing countries, the book offers a unique and pioneering resource for researchers, industry watchers as well as policy makers.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Outlining important policy requirements for Bangladesh to become an upper middle-income country, the book presents research work conducted during the project “Changing Labor Markets in Bangladesh: Understanding Dynamics in Relation to Economic Growth and Poverty,” sponsored by the International Development Research Center (IDRC), Canada. Bangladesh has experienced remarkable economic growth rates over the last decade. The country has recently been upgraded from a low-income country (LIC) to a lower-middle-income country (LMIC) as per the World Bank’s classification system. By 2024, the country also aspires to graduate from the United Nation’s list of least developed countries (LDC). The 7th five-year plan sets an ambitious target of 8 percent growth in GDP by 2020. There are also steep development targets to be achieved under the Sustainable Development Goals (SDGs) by 2030. All these will require an enormous leap forward from the current level of economic growth rate and sustaining it in the future. The situation also calls for considerable structural change in the economy, facilitating large-scale economic diversification. Rapid expansion of labor-intensive and high-productivity sectors, both in the farm and nonfarm sectors, is thus crucial for Bangladesh. Further, this should take place in conjunction with interventions to enhance productivity, jobs and incomes in traditional and informal activities where there are large pools of surplus labor. Given its relevance for Bangladesh and applicability to many other developing countries, the book offers a unique and pioneering resource for researchers, industry watchers as well as policy makers.

More books from Springer Singapore

Cover of the book Mobility Engineering by
Cover of the book Asian Immigrants in North America with HIV/AIDS by
Cover of the book Progress in Advanced Computing and Intelligent Engineering by
Cover of the book Geo-Architecture and Landscape in China’s Geographic and Historic Context by
Cover of the book Mathematics and Computing by
Cover of the book Changing Contours of Indian Agriculture by
Cover of the book Open and Distance Education Theory Revisited by
Cover of the book Pluralism and Engagement in the Discipline of International Relations by
Cover of the book Water Resources Management by
Cover of the book Indian Hotspots by
Cover of the book Spectrum Access and Management for Cognitive Radio Networks by
Cover of the book Everyday Knowledge, Education and Sustainable Futures by
Cover of the book Energy Transfer and Dissipation in Plasma Turbulence by
Cover of the book Computer Engineering and Technology by
Cover of the book Defining Physiology: Principles, Themes, Concepts by
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy