Structural Transformation of Bangladesh Economy

The book "Structural Transformation of Bangladesh Economy" offers a comprehensive analysis of the structural transformation of the Bangladeshi economy in the context of Southeast Asia. It examines the theoretical foundations and global evidence for structural changes, supported by a dynamic panel model. The study highlights the specific characteristics of the transformation process in Bangladesh, particularly regarding the challenges of a large population, widespread poverty, and growing inequalities. The analysis shows that the manufacturing sector has been unable to create the necessary number of jobs, while the service sector has driven growth in output and employment, but exhibits low productivity in labor-intensive subsectors. The book advocates for an integrated approach to disasters and development, especially concerning the impacts of COVID-19 and Cyclone Amphan, and outlines a path for an inclusive and health-oriented structural transformation.