...Inflation Trends and Poverty in Bangladesh CONTENTS ABBREVIATIONS .................................................................................................................ii EXECUTIVE SUMMARY ....................................................................................................iii I. INTRODUCTION ....................................................................................................................1 II.INFLATION A. What is Inflation B .How is it measured C. Inflation and Interest rates D. Inflation and Investments Types of Inflation II. TREND OF MACROECONOMIC PERFORMANCE AND POVERTY REDUCTION INITIATIVES IN BANGLADESH ......................................................2 A. Growth Performance ...............................................................................................2 B. Savings and Investment ..........................................................................................2 C. Inflation ...................................................................................................................3 D. Fiscal Sector Developments ....................................................................................3 E. Macroeconomic Challenges of Bangladesh ............................................................4 F. Medium-term Macroeconomic Framework.............................................................5 G...
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...BUS530 MACROECONOMICS ECONOMIC GROWTH & POVERTY REDUCTION IN BANGLADESH Prepared by Aadil Choudhury 112 0322 660 Section 1 INTRODUCTION The relationship between economic growth and poverty reduction is not always automatic. To achieve poverty reduction, robust economic growth is necessary but not sufficient. The financial allocation and source of finance play a crucial role in implementing the development endeavor and achieving macroeconomic objectives like growth, employment, and price stability. Investing in some sectors of the economy may contribute to rapid economic growth while others may contribute to poverty reduction. Again there are some sectors which may contribute to achieving both growth and poverty reduction. BANGLADESH’S CHALLENGES IN ECONOMIC GROWTH & POVERTY REDUCTION Bangladesh has had some success in attaining economic growth and reducing poverty. But many more challenges lie ahead of us which we must face to eradicate poverty and move towards a poverty-free Bangladesh. Challenge of better monetary management The country has opted for following a selective credit control measures with expansionary credit policy to essential sectors and contractionary policies to luxury items. It has been following 'free-float currency' policy which appears to be a mere luxury with both export and import sectors of the country suffering from structural rigidities. Free float of Bangladesh currency along with erosion of dollar vis-a-vis other currencies...
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...Introduction The positive relationship between economic growth and poverty reduction is not automatic. In Bangladesh, development expenditures have been growing in various proportions in agriculture, rural development, water resources, infrastructure, education and health sector. Each of these sectors impacts growth and poverty reduction differently. Allocation on agriculture, rural development, health, education and social safety net impacts poverty reduction at a higher rate and impacts economic growth too. Investment in infrastructure development, capital intensive industrialization, and some service sectors may boost up economic growth at a higher rate but may not impact poverty reduction at the desired rate. There is no doubt that faster economic growth is associated with faster poverty reduction. Since domestic/national resources fall short of the requirement, development partners play an important role in Bangladesh's development endeavour. In case of Bangladesh, in-spite of some remarkable positive performance against some indicators, aggregate poverty rates still remain high. Thus, it is high time to look forward for other options and means to accelerate economic growth and poverty reduction. Reform is Critical for Growth and Poverty Reduction The fundamental development constraints in Bangladesh are poor governance, corruption, law and order, public service delivery, and effectiveness of public expenditures to improve human development. It is important...
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...spike increase rural poverty? Evidence from a long-run panel in Bangladesh Abstract We assess the effects of the dramatic rise in agricultural commodity prices during 2007-2008 on income dynamics and poverty among rural households in Bangladesh. A unique panel data set allows us to put the effects of recent events in the context of long-run trends in income and poverty. We use data from a nationally representative longitudinal survey of rural households in Bangladesh collected in four waves in 1988, 2000, 2004, and 2008. Nargis and Hossain (2006) analysed income dynamics and poverty incidence for the first three waves, finding a declining trend in both the incidence and severity of poverty, aided in particular by human capital development and the off-farm employment opportunities. We update and extend the analysis to include data collected in 2008, at the height of a spike in agricultural prices. We find that the price of a balanced food basket increased by more than 50 percent during 2000-2008, while household income rose only 15 percent. As a result the incidence and severity of rural poverty in Bangladesh sunk to pre-2000 levels during 2004-2008. Thus the price spikes in 2007-2008 helped push an additional 13 million people into poverty in rural Bangladesh. Moreover, we find that the determinants of poverty have not been time-invariant. In particular, agricultural production, which had previously been associated with a higher incidence of poverty, served as a hedge against...
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...| Macroeconomics Term Paper | | | [Social Safety Nets in Bangladesh] | This report looks at the overall structure of Social Security Net Plans in Bangladesh and their poverty impact at a macroeconomic level. The main objective of the study is to look into the overall impact of the existing safety net programs on poverty reduction in Bangladesh. The paper also looks into the impact of the existing safety net programs on reducing inequality. | Social Safety Nets In Bangladesh This report looks at the overall structure of Social Security Net Plans in Bangladesh and their poverty impact at a macroeconomic level. The main objective of the study is to look into the overall impact of the existing safety net programs on poverty reduction in Bangladesh. The paper also looks into the impact of the existing safety net programs on reducing inequality. Institute of Business Administration, University of Dhaka Table of Contents 1. Executive Summary i 2. Introduction 1 2.1. The Poverty Situation of Bangladesh 1 2.2. Social Safety Nets 1 3. Social Safety Nets of Bangladesh 2 3.1. Structure of Social Safety Nets 4 3.2. Trends in Social Safety Nets 7 4. Social Safety Nets and Poverty 9 4.1. Impact Assessment of Social Safety Nets on the Poverty of Bangladesh 9 4.2. Inequality Effect of Social Safety Nets 9 5. Conclusion 10 6. Recommendations 10 7. Bibliography 12 1. Executive Summary Social safety net is a measure taken by the...
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...[Social Safety Nets in Bangladesh] | This report looks at the overall structure of Social Security Net Plans in Bangladesh and their poverty impact at a macroeconomic level. The main objective of the study is to look into the overall impact of the existing safety net programs on poverty reduction in Bangladesh. The paper also looks into the impact of the existing safety net programs on reducing inequality. | Social Safety Nets In Bangladesh This report looks at the overall structure of Social Security Net Plans in Bangladesh and their poverty impact at a macroeconomic level. The main objective of the study is to look into the overall impact of the existing safety net programs on poverty reduction in Bangladesh. The paper also looks into the impact of the existing safety net programs on reducing inequality. Institute of Business Administration, University of Dhaka Table of Contents 1. Executive Summary i 2. Introduction 1 2.1. The Poverty Situation of Bangladesh 1 2.2. Social Safety Nets 1 3. Social Safety Nets of Bangladesh 2 3.1. Structure of Social Safety Nets 4 3.2. Trends in Social Safety Nets 7 4. Social Safety Nets and Poverty 9 4.1. Impact Assessment of Social Safety Nets on the Poverty of Bangladesh 9 4.2. Inequality Effect of Social Safety Nets 9 5. Conclusion 10 6. Recommendations 10 7. Bibliography 12 1. Executive Summary Social safety net is a measure taken by the government in order to prevent the vulnerable section of its population...
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...ROLE OF NGO IN POVERTY REDUCTION OF BANGLADESH BASED ON A 2013 SURVEY OF NGO ACTIVITIES IN BANGLADESH ROLE OF NGO IN POVERTY REDUCTION OF BANGLADESH BASED ON A 2013 SURVEY OF NGO ACTIVITIES IN BANGLADESH Prepared for Ms. Kohinoor Biswas Assistant Professor Department of Business Administration East West University, Dhaka. Prepared by Muhammad Kawsar Khan ID: 2011-1-10-411 Section: 02 April 17, 2014 April 17, 2014 Ms. Kohinoor Biswas Assistant Professor Department of Business Administration East West University Subject: Submission of assignment on Role of NGO in Poverty Reduction of Bangladesh Dear Madam, This is a great pleasure for us to submit an assignment on ‘Role of NGO in Poverty Reduction of Bangladesh’. We considered your remarks and instructions very carefully while preparing this report. We have tried to visualize all the areas related to this topic. We also used your lecture to fulfill your requirements. We would like to express our heartiest gratitude to you for your tiresome efforts for us which provided us the opportunity to prepare this report. We have tried our level best to present this assignment according to the vital standard and requirements. While preparing this report we have enriched our knowledge a lot about role of NGO in poverty reduction in Bangladesh. We appreciate this opportunity to demonstrate ore educational and analytical skills. Thank you. Sincerely yours, Muhammad Kawsar Khan ...
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...Critical Skills in Environmental Sciences (IE 5511) Research Proposal Research Title: Regional Poverty Disparity in Bangladesh for Climate Change Author: Muhammad Abu Noyeem Abstract Whilst Bangladesh is considered one of the most climates affected and vulnerable country in the world has made commendable progress in poverty reduction. But the proportion of poverty reduction is not equal everywhere in the country, particularly the coastal regions - having vicinity to the Bay of Bengal differs from the rest of the country in terms of highest vulnerability for climatic change impacts and highest poverty levels as well. It is predicted that frequent extreme events in coastal regions are the main impediment to attain national poverty levels. This research proposal aim is to establish a relationship between climate change impacts and change in poverty disparity by comparing coastal areas with other regions in Bangladesh over the last 20 years. The study will be based on year-wise comparative data analysis regarding affected areas, damages, development activities, socio-economic variables and poverty levels since 1991 to 2011. This research hypothetically foresees that higher extreme events affect and much damage will be created higher poverty gaps and disparity in coastal areas than the other parts of the country. Keywords: climate change, poverty disparity, coastal areas, Bangladesh. Proposed Supervisor: Dr. Ariana Zeka Lecturer in Epidemiology and Public Health Institute for the...
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...Bangladesh Economy Bangladesh is located in South Asia and shares its borders with India. It is the seventh most populous country in the world and is mostly densely inhabited. The poverty level, however, has fallen by more than 20%, helped by its prominent agricultural sector. The Bangladeshi economy is helped by its big garment sector, which contributes more than two-thirds of the country’s trade. The major challenge to prosperous growth is the vulnerability of the land to cyclones and floods. However, even with such challenges, Bangladesh has experienced a growth rate of 5% since 1990. This growth has been helped by remittances from expatriates as well. Bangladesh’s economy is characterized as poor and developing, despite several improvement efforts at the national and international levels. In 2008, the per capita income of the country stood at US$520, while the world average is $10,200. As of 2009, Bangladesh had an estimated population of 162,221,000 people. The literacy rate in the country is about 41%. The poverty rate is very high. However, over the years, there has been considerable improvement in the poverty level as well as health and education levels. Over 50% of Bangladesh’s GDP comes from the service sector. Despite this, two-thirds of the country’s population is engaged in agricultural activities, with most of them growing paddy. Bangladesh Economy: Major Constraints Here are some of the major impediments to the growth of Bangladesh’s economy: ...
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...Poverty, poverty and poverty. Poverty is a curse for Bangladesh. I myself feel proud to born in this beautiful Bangladesh but I can’t do fun any more as I see maximum people are living within the limitation of poverty. I become astonished to see the sky-scrapers of Dhaka but I feel worried whenever I see there are some peoples living in pavement and they even don’t have any space to pass their night. I see, peoples are rolling Pazero, Mercedes, BMW and Hummer; beside, maximum of us are being devastated by the perspiration during hanging on Local Bus. I see, enormous 5 star hotels, motels, dazzling restaurants are growing and I also see peoples who are not being able to take rice thee time in a day. I see luxurious shopping mall, fashion houses and besides I see people without a complete cloth standing alone on pavement. So, is this the Bangladesh that the freedom fighters were dreamt? Is this the Bangladesh for which a lot of life had to be dedicated? Let us find some probable reason of the poverty of Bangladesh : 1. Corruption: Corruption by the top level workforce of Bangladesh government can causes the poverty of Bangladesh. When a project is passed to enrich the poor peoples; the corrupted manager, contractor and other government authority claim a percentage from the total budget and ultimately a little portion of money is reached to the poor people. That’s why the rich people are being richer and the poor people still remains poor and being poorer day by day. ...
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...of Minorities For Bangladesh Universal Periodic Review (UPR) 2012 Submitted by: Khalid Hussain President Association of Young generation of Urdu Speaking Community (AYGUSC) Founder & Executive Director Council of Minorities Former UN Minority Fellow-2008 Email: khalid.aygusc@gmail.com Cell: 8801911479073 Inhuman Camp life of Bihari Urdu speaking linguistic minority of Bangladesh: Patterns of inequality, discrimination, political and social marginalization of affected Bihari Urdu Speaking community in Bangladesh. UPR Bangladesh 2012 1 Introduction: One hundred and sixty thousand Urdu speaking Biharis are living in 116 inhuman camps in Bangladesh. In Bangladesh they are identified in the local society by different nomenclatures, such as non-Bengalis, Biharis and Urdu speaking etc. Actually they are linguistic minority in Bangladesh so that their nomenclature should be Urdu Speaking Bangladeshi. In 1947 Sub-continent created two historical events, creation of India, Pakistan and mass migration of Hindus, Muslims and Shik comminutes. When India was divided and creation of Pakistan forced the Indian Muslims to migrate from their original homeland to East and West Pakistan. Most of immigrants from the Indian States of, Bihar, UP and west Bengal came to East Pakistan. The majority of them were Urdu Speaking. They were called as “Mohajirs” meaning refugee, and later they became Biharis and Stranded Pakistani in Bangladesh. The founder of Pakistan...
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...Non-Traditional Security in Bangladesh: Issues and Outlooks Bangladesh Institute of International and Strategic Studies (BIISS) Following is an attempt to analyze the challenges in the field of non-traditional security issues and explore relevant outlooks dealing with these challenges in the context of Bangladesh. 1. Threats to Societal Security Inflow of Small Arms and Drug: This is an external or trans-national source. Estimates differ and perhaps will be less than what is happening in the context of India or Pakistan. But it is causing security threats to the state and the society, for at least two reasons: first, the rate is increasing at an alarming pace; second, Bangladesh is a soft state and a soft society, the impact is easily felt.[i] Use of small arms, use of drugs are gaining autonomous proportion in the sense the administration and law enforcing agencies have practically little control over the trafficking and use. Law and Order and Social Violence: The south western districts are again becoming restless following increase in the number of incidences of killings and overrunning of police posts by the outlawed and extremists who seem to be reemerging from the banned parties like Purba Banglar Communist Party and Biplobi Communist Party in the southwestern districts.[ii] The northern districts in recent months have been subjected to terrorist attack.[iii] One of the horrendous crimes in recent times was the slaughtering of six persons in a village...
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...POWER OF SOCIAL BUSINESS IN POVERTY ALLEVIATION F-532: Business Research Methodology and Econometrics Submitted to, Dr. M. Jahangir Alam Chowdhury Professor, Department of Finance University of Dhaka Submitted by, Md. Rased Mosarraf MBA ID No.: 16-469 BBA ID No.: 16-062 MBA, 16th Batch Department of Finance University of Dhaka “Poverty does not belong in civilized human society. Its proper place is in a museum. That's where it will be.” –Dr. Muhammad Yunus Date of Submission: July 19, 2016 i Letter of Transmittal July 19, 2016 Dr. M. Jahangir Alam Chowdhury Professor, Department of Finance University of Dhaka Subject: Submission of Research Paper. Dear Sir, I am very glad to submit you the paper on “Power of Social Business in Poverty Alleviation”. I would like to say that this paper is helpful for me to know about the social business concept. I am very thankful to you for giving us such a fantastic opportunity to make a paper on this topic. I have tried my best to make this report meaningful by providing necessary information. Yours sincerely, ………………………… (Md. Rased Mosarraf) MBA Roll: 16-469 BBA Roll: 16-062 Department of Finance University of Dhaka ii Table of Contents Introduction ................................................................................................................................................. 1 Literature Review .............................................................
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...Report Title: poverty versus digital divide gap Course- Research Methodology (MGT 411) Presented by:- Md.Tariqul Islam Students of BBA 2nd batch, 4th year 2nd semester Roll no- 06671622 Session 2006-2007 Section- B E-mail:-tareq622 @gmail.com Department of Management Studies Under the supervision of (Mr.Md.Shahidul Islam Fakir, associate professor, department of Management studies) Faculty of Business Studies JAGANNATH UNIVERSITY DHAKA Submission date- June , 2012 Title of report: digital divide gap vs. poverty. Is there any relation between them? Table of content |Serial no |Title |Page no | |1 |Abstract | | |2 |Literature review | | |3 |Background and ICT status of Bangladesh | | |4 |Executive summary | | |5 |Main body (Current scenario, Challenge, Recommendation) | ...
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...However Fazle Abed's family moved out of Calcutta and he matriculated from Pabna Zilla School and went on to complete his higher secondary education from Dhaka College. Then He left home to attend Glasgow University, where, and in an effort to break away from tradition and do something radically different - he studied Naval Architecture. Later he joined the Chartered Institute of Management Accountants in London. The 1971 Liberation War of Bangladesh had a profound effect on him, then in his thirties, a professional accountant who was holding a senior corporate executive position at Shell Oil. The war dramatically changed the direction of his life; he left his job and moved to London to devote himself to Bangladesh's War of Independence. There, he helped to initiate a campaign called "Help Bangladesh" to organize funds to raise awareness about the war in Bangladesh. Fazle Hasan Abed, the founder and chairperson of the world's largest NGO, he is to be knighted by the Queen of England for his services to alleviating poverty in Bangladesh and abroad. Abed is the first Bangladeshi to receive the honour since 1947, though he is the second person in his family to be knighted. In 1913 his great uncle, Justice Nawab Sir Syed Shamsul Huda also received a knighthood. Sir Fazle has received numerous national and international awards for his...
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