IDEAS home Printed from https://ideas.repec.org/p/wbk/wbrwps/10150.html
   My bibliography  Save this paper

Good Enough for Outstanding Growth : The Experience of Bangladesh in Comparative Perspective

Author

Listed:
  • Beyer,Robert Carl Michael
  • Wacker,Konstantin M.

Abstract

This paper investigates the outstanding economic growth experience of Bangladesh. Itshows that the country’s improvements in structural correlates of growth from 1990 to 2004 are in the global top5 percent for any 15-year period since 1970. They were driven by infrastructure enhancements, more openness totrade, and increasing foreign direct investment. Additionally, this period coincided with significantfinancial reforms after the banking crisis of the late 1980s and increased political stability. A further increase ingrowth after 2005 was not correlated with new growth impulses from structural improvements. Instead, the benefitsfrom previous achievements and a stable macroeconomic and institutional environment were “good enough” to prevent themean reversion of growth that comparable fast-growing economies usually experience.

Suggested Citation

  • Beyer,Robert Carl Michael & Wacker,Konstantin M., 2022. "Good Enough for Outstanding Growth : The Experience of Bangladesh in Comparative Perspective," Policy Research Working Paper Series 10150, The World Bank.
  • Handle: RePEc:wbk:wbrwps:10150
    as

    Download full text from publisher

    File URL: http://documents.worldbank.org/curated/en/099245308232224257/pdf/IDU0864f5b27096720401c084f70585706522d9d.pdf
    Download Restriction: no
    ---><---

    Other versions of this item:

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Roy, Ripon & Bashar, Omar H.N.M. & Bhattacharya, Prasad Sankar, 2023. "The cross-industry effects of monetary policy: New evidence from Bangladesh," Economic Modelling, Elsevier, vol. 127(C).

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wbk:wbrwps:10150. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Roula I. Yazigi (email available below). General contact details of provider: https://edirc.repec.org/data/dvewbus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.