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Future Perspectives

In: Bangladesh at Fifty

Author

Listed:
  • Mustafa K. Mujeri

    (Institute for Inclusive Finance & Development (InM))

  • Neaz Mujeri

    (Centre for Research Initiatives (CRI))

Abstract

The chapter deals with Bangladesh’s future perspectives. Bangladesh has shown remarkable catching-up records in recent years but many development traps remain in its future journey. The analysis highlights four major concerns: design necessary domestic policies and institutions to ensure that the benefits of economic growth are more broadly and equitably shared within society; institutionalise deliberate efforts such that Bangladesh can derive greater benefits from the catching-up process; put priority to move on technological—rather than factor-intensive mode of production—to close the development gaps; and provide more emphasis on policy coherence especially in agriculture. For the next decade, the key policy agenda is to ensure a rapid and comprehensive transition to more inclusive growth that systematically addresses problems of income inequality, gaps in key social indicators across different social groups and discriminatory institutions and norms.

Suggested Citation

  • Mustafa K. Mujeri & Neaz Mujeri, 2020. "Future Perspectives," Palgrave Studies in Economic History, in: Bangladesh at Fifty, chapter 0, pages 535-562, Palgrave Macmillan.
    • Handle: RePEc:pal:palscp:978-3-030-56791-0_10
    DOI: 10.1007/978-3-030-56791-0_10
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