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Development performance of Bangladesh: assessing some selected indicators

Author

Listed:
  • Chowdhury, Mamun
  • Selim, Ishtiaque

Abstract

This paper attempts to assess three major development indicators of Bangladesh, namely: investment, agriculture and foreign aid. Investment is the key to development for it hikes productivity, generates employment and thus raises output of the economy. By contrast, agriculture, marked with low productivity level, is considered a sector that does not accelerate growth. Therefore, underdeveloped economies tend to make efforts to progress toward a more urban-based non-farm sector. At the same time, dependency on foreign aid could undermine the overall development process of an economy for it generally increases the economic uncertainty and burden. The article employs the qualitative method to measure the development of Bangladesh in light of these three indicators. The study finally concludes that although Bangladesh has made progress in the agricultural sector, the country lags behind in investment and foreign aid sectors.

Suggested Citation

  • Chowdhury, Mamun & Selim, Ishtiaque, 2015. "Development performance of Bangladesh: assessing some selected indicators," MPRA Paper 127220, University Library of Munich, Germany, revised 06 Jul 2015.
  • Handle: RePEc:pra:mprapa:127220
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    References listed on IDEAS

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    1. Yair Mundlak, 2005. "Economic Growth: Lessons from Two Centuries of American Agriculture," Journal of Economic Literature, American Economic Association, vol. 43(4), pages 989-1024, December.
    2. Borensztein, E. & De Gregorio, J. & Lee, J-W., 1998. "How does foreign direct investment affect economic growth?1," Journal of International Economics, Elsevier, vol. 45(1), pages 115-135, June.
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    More about this item

    Keywords

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    JEL classification:

    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • O23 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Fiscal and Monetary Policy in Development

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