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 Circular RNAs by
Cover of the book Prospects of Alternative Transportation Fuels by
Cover of the book Advanced Informatics for Computing Research by
Cover of the book Mathematical Theory of Elasticity of Quasicrystals and Its Applications by
Cover of the book Proceedings of the 1st International Conference on Electronic Engineering and Renewable Energy by
Cover of the book Proteases in Human Diseases by
Cover of the book Beyond Leadership by
Cover of the book Soft Computing and Signal Processing by
Cover of the book Data and Energy Integrated Communication Networks by
Cover of the book Language Curriculum Innovation in a Chinese Secondary School by
Cover of the book Refined Ray Tracing inside Single- and Double-Curvatured Concave Surfaces by
Cover of the book Securing the Belt and Road Initiative by
Cover of the book Transformations of Social-Ecological Systems by
Cover of the book What Matters in a Research to Practice Cycle? by
Cover of the book Transformation of Carbon Dioxide to Formic Acid and Methanol 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