Structural change and dynamics of labor markets in Bangladesh /

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Bibliographic Details
Imprint:Singapore : Springer, [2018]
Description:1 online resource : color illustrations
Language:English
Series:South Asia economic and policy studies
South Asia economic and policy studies.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/11690675
Hidden Bibliographic Details
Other authors / contributors:Raihan, Selim, editor.
ISBN:9789811320712
9811320713
9811320705
9789811320705
Digital file characteristics:text file PDF
Notes:5 Conclusion.
Includes bibliographical references and index.
Online resource; title from digital title page (viewed on September 17, 2018).
Online resource; title from PDF title page (EBSCO, viewed September, 18, 2018).
Summary: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.
Other form:Print version: Raihan, Selim. Structural Change and Dynamics of Labor Markets in Bangladesh. Singapore : Springer, ©2018 9789811320705
Standard no.:10.1007/978-981-13-2071-2