Economics and Finance

Bangladesh has recently turned out to be an intriguing model of economics. It warrants faster growth to help the economy achieve the next level of development. The book argues how macro policymaking and institutions can empower growth to make this graduation possible. This work shows how the market economy along with the spirit of liberalization has energized Bangladesh to be a growth story and how further reforms and apt investment strategies can make the country’s development sustainable in the twenty-first century.

*NOT FOR SALE OUTSIDE BANGLADESH

Muhammad Yunus, who created microcredit, invented social business, and earned a Nobel Peace Prize for his work in alleviating poverty, is one of today’s most trenchant social critics. Now he declares it’s time to admit that the capitalist engine is broken—that in its current form it inevitably leads to rampant inequality, massive unemployment, and environmental destruction.

This book provides an analysis of some of the key experiences and issues in the multidimensional process of development of Bangladesh. The three parts of the book: (i) economic growth: aggregate and sectoral; (ii) unemployment, underemployment, and labour market; and (iii) poverty, empowerment, and social change cover a wide range of themes.

This book presents a rigorous empirical study of various aspects of poverty and vulnerability in rural Bangladesh. The themes include the trend and structure of rural poverty, rural inequality, asset accumulation, rural labour market, crisis and vulnerability of rural life, the role of social security in the rural economy, and the role of microcredit. In comparison with other such poverty studies, this book can claim a number of distinctive features.