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General Growth Performance

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 analyses Bangladesh’s highly impressive growth story in terms of creating opportunities. It further explains the country’s growth dynamics since independence and offers explanations on its growth variations using periodisation analysis that covers breaks and turning points. The policy-based periodisation of growth analysis is used to relate macroeconomic policy changes to major economic outcomes. The analysis on long-term growth patterns is carried out in several ways including through decomposing GDP growth across sectors—agriculture, industry, and services; and across uses—consumption, investment, exports and imports. The proximate factors are analysed that determine long-term GDP growth, such as capital, labour, productivity growth, trade openness, size of the external market and institutions. Bangladesh’s growth experience is also compared with that of the regional and comparable economies.

Suggested Citation

  • Mustafa K. Mujeri & Neaz Mujeri, 2020. "General Growth Performance," Palgrave Studies in Economic History, in: Bangladesh at Fifty, chapter 0, pages 35-114, Palgrave Macmillan.
    • Handle: RePEc:pal:palscp:978-3-030-56791-0_2
    DOI: 10.1007/978-3-030-56791-0_2
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