Structural Change And Dynamics Of Labor Markets In Bangladesh PDF Download
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Author | : Selim Raihan |
Publisher | : Springer |
Total Pages | : 205 |
Release | : 2018-08-29 |
Genre | : Business & Economics |
ISBN | : 9811320713 |
Download Structural Change and Dynamics of Labor Markets in Bangladesh Book in PDF, ePub and Kindle
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.
Author | : Selim Raihan |
Publisher | : |
Total Pages | : 144 |
Release | : 2016 |
Genre | : |
ISBN | : 9789843404701 |
Download Structural Change and Dynamics of Labor Markets in Bangladesh Book in PDF, ePub and Kindle
Author | : |
Publisher | : |
Total Pages | : 144 |
Release | : 2016 |
Genre | : |
ISBN | : |
Download Structural Change and Dynamics of Labour Markets in Bangladesh Book in PDF, ePub and Kindle
Author | : Pierre-Richard Agénor |
Publisher | : International Monetary Fund |
Total Pages | : 98 |
Release | : 1995-11-01 |
Genre | : Business & Economics |
ISBN | : 1451854781 |
Download The Labor Market and Economic Adjustment Book in PDF, ePub and Kindle
This paper examines the role of the labor market in the transmission process of adjustment policies in developing countries. It begins by reviewing the recent evidence regarding the functioning of these markets. It then studies the implications of wage inertia, nominal contracts, labor market segmentation, and impediments to labor mobility for stabilization policies. The effect of labor market reforms on economic flexibility and the channels through which labor market imperfections alter the effects of structural adjustment measures are discussed next. The last part of the paper identifies a variety of issues that may require further investigation, such as the link between changes in relative wages and the distributional effects of adjustment policies.
Author | : Md. Fuad Hassan |
Publisher | : |
Total Pages | : 0 |
Release | : 2023 |
Genre | : |
ISBN | : |
Download Lets Get Mechanized - Labor Market Implications of Structural Transformation in Bangladesh Book in PDF, ePub and Kindle
Bangladesh is experiencing the structural transformation of its economy with increasing employment in the manufacturing sector, particularly the garment industry. At the same time, agricultural activities become more and more mechanized. These processes have major effects on rural labor markets, and thus on rural livelihoods. This study examines the implications of agricultural mechanization on agricultural wages using a unique data set of monthly wages and rice prices over the period from 1995 to 2015. Employing a dynamic panel model, estimated by generalized methods of moments, we find that increasing agricultural mechanization is associated with an increase in real agricultural wages, both in the short-run and the long-run. Hence, our estimation results dispel the concern that machines are substitutes for manual labor and reduce employment opportunities in rural Bangladesh. This has important implications for policy makers aiming for a reduction of rural poverty and the interventions which reduce extensive rural-urban migration and create more employment opportunity in the agricultural sector.
Author | : Robert Shimer |
Publisher | : Princeton University Press |
Total Pages | : 189 |
Release | : 2010-04-12 |
Genre | : Business & Economics |
ISBN | : 1400835232 |
Download Labor Markets and Business Cycles Book in PDF, ePub and Kindle
Labor Markets and Business Cycles integrates search and matching theory with the neoclassical growth model to better understand labor market outcomes. Robert Shimer shows analytically and quantitatively that rigid wages are important for explaining the volatile behavior of the unemployment rate in business cycles. The book focuses on the labor wedge that arises when the marginal rate of substitution between consumption and leisure does not equal the marginal product of labor. According to competitive models of the labor market, the labor wedge should be constant and equal to the labor income tax rate. But in U.S. data, the wedge is strongly countercyclical, making it seem as if recessions are periods when workers are dissuaded from working and firms are dissuaded from hiring because of an increase in the labor income tax rate. When job searches are time consuming and wages are flexible, search frictions--the cost of a job search--act like labor adjustment costs, further exacerbating inconsistencies between the competitive model and data. The book shows that wage rigidities can reconcile the search model with the data, providing a quantitatively more accurate depiction of labor markets, consumption, and investment dynamics. Developing detailed search and matching models, Labor Markets and Business Cycles will be the main reference for those interested in the intersection of labor market dynamics and business cycle research.
Author | : Selim Raihan |
Publisher | : |
Total Pages | : |
Release | : 2020 |
Genre | : |
ISBN | : 9789292568016 |
Download Structural Transformation, Inequality Dynamics, and Inclusive Growth in Bangladesh Book in PDF, ePub and Kindle
The Bangladesh economy has undergone significant structural changes over the last four decades. The share of agriculture in GDP has declined, while the significance of industry and service sectors has increased. These structural changes have been associated with persistent challenges such as lack of diversification, poor working conditions, low productivity, and high degree of informality, obstructing the progress towards inclusive economic growth. Though manufacturing is now an overwhelmingly salient component of Bangladesh's export composition, this is due primarily to the rapid expansion of the ready-made garments sector: the performance of other industries has been rather weak. In order to become a sustained, inclusive driver of economic growth and employment creation, the manufacturing sector needs to focus on expanding and diversifying its base. This study looks at the major challenges, both policy-induced and structural, for the required structural transformation in the Bangladesh economy, aiming to tackle inequality and promote inclusive growth.
Author | : Selim Raihan |
Publisher | : Cambridge University Press |
Total Pages | : 443 |
Release | : 2023-09-30 |
Genre | : Business & Economics |
ISBN | : 1009284703 |
Download Is the Bangladesh Paradox Sustainable? Book in PDF, ePub and Kindle
This book offers a novel approach to the role of institutions in development and applies it to Bangladesh with special attention to historical context and the political economy. It will interest development professionals in international and bilateral development agencies, policy-makers in developing countries; academics and graduate students.
Author | : Quamrul Alam |
Publisher | : Taylor & Francis |
Total Pages | : 412 |
Release | : 2023-07-26 |
Genre | : Business & Economics |
ISBN | : 1000906043 |
Download State, Market and Society in an Emerging Economy Book in PDF, ePub and Kindle
The economic and social development that Bangladesh has achieved in the past two decades has made Bangladesh a development paradox. This book tries to explain this paradox through a political economy lens. The book explains the linkages between the state, changing society and emerging private sector, and examines whether the social transformation taking place in Bangladesh has the potential to live up to the expectations of a middle- income country. The early part of the book unravels the myriad relations between the state, society and market to project the aspirations of a newly independent nation. It analyzes how political turmoil, militarization of politics, politicization of institutions, reforms initiatives, industrial and social development policies, and the power nexus influenced the nature of the political economy of Bangladesh. The book goes on to examine how domestic appetite for capital and raw materials, the digital revolution, and the capacity of the local market to absorb expanded economic activities have created an environment that catalyzes innovation and entrepreneurship. The book also explains how the country has attempted to transform from an agrarian to a manufacturing- based economy, with rapid growth in the ready- made garment industry, pisciculture, pharmaceuticals and the ICT sector. Bangladesh’s journey from an emerging economy towards a developed country would interest those researching on development economics and those in policy making.
Author | : Armida Salsiah Alisjahbana |
Publisher | : Oxford University Press |
Total Pages | : 327 |
Release | : 2023-02-09 |
Genre | : Business & Economics |
ISBN | : 0192667564 |
Download The Developer's Dilemma Book in PDF, ePub and Kindle
This is an open access title available under the terms of a CC BY-NC-SA 3.0 IGO licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. Developing countries seek economic development which is broad-based or inclusive in the sense that it raises the income of all, especially the poor. Yet this is at odds with Simon Kuznets' hypothesis that economic development tends to put upward pressure on income inequality, at least initially and in the absence of countervailing policies. The Developer's Dilemma explores this 'Kuznetsian tension' between structural transformation and income inequality. The book asks: what are the varieties of structural transformation that have been experienced in developing countries? What inequality dynamics are associated with each variety of structural transformation? And what policies have been utilized to manage trade-offs between structural transformation, income inequality, and inclusive growth? Across nine country cases written by academics across the Global South, this book answers these questions using a comparative case study approach with a common analytical framework and a set of common datasets. The intended intellectual contribution of the book is to provide a comparative analysis of the relationship between structural transformation, income inequality, and inclusive growth; to do so empirically at a regional and national level, and to draw conclusions about the varieties of structural transformation, their inequality dynamics, and the policies that have been employed to mediate the developer's dilemma.