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    Introducing Greening Strategies in Emerging Economies: Environmental compliance of Bangladesh leather industry and its influence on broader policy environment

    Syed A. Al-Muti | February 2018
    Abstract
    Due to its low-lying geography, high population density and persistent poverty, Bangladesh is considered one of the most vulnerable countries in the world to the potential impacts of climate change. In the worst-case scenario, climate change may result in rising sea levels that will displace millions of people from the coastal regions of the country and adversely affect their livelihoods and long-term health. Although Bangladesh has witnessed rapid economic development and substantial improvements on several important human development indicators, its potential vulnerability to climate change poses a severe challenge to the country's ability to sustain the progress made so far. Whereas a number of interrelated factors, including global carbon dioxide emissions, can explain Bangladesh’s vulnerability to climate change, the country’s development trajectory especially its reliance on fossil fuels has created its own environmental consequences. The Asian Development Bank (ADB) estimates that if the world continues on its current fossil fuel-intensive path, damage from climate change can cost Bangladesh up to 2 percent of its GDP by 2050.1 Without reconciling its economic and the environmental pillars, economic growth will not be sustainable and from Bangladesh's perspective, it will be a major challenge to maintain the average 6 percent or higher growth rate that is vital to achieving middle-income economy status while ensuring a smooth transition to a sustainable and inclusive growth path. While recent studies have pointed out that environmental degradation itself is costly and has negative effects on economic growth (Croitoru & Sarraf, 2010; Hallegatte et al, 2012 Padilla in this volume), the challenge for emerging economies is to remain in the development trajectory acknowledging the interdependence between economic growth and environmental adaptation. A possible solution of this is to adopt and apply green economy policies, which by definition concentrate on making the economic growth process resource-efficient, cleaner and more resilient, without necessarily slowing economic growth. Over the last decade, developing countries across the Asia and Pacific region have increasingly begun to reshape their economic development strategies around this concept. Most governments now recognize that they can no longer afford to pursue economic growth at the cost of the welfare of their people or the destruction of their natural resource base. Consequently, they are starting to integrate the core values of social equity and environmental sustainability into their national development strategies.
    Citation
    Syed A. Al-Muti. 2018. Introducing Greening Strategies in Emerging Economies: Environmental compliance of Bangladesh leather industry and its influence on broader policy environment. © The Asia Foundation. http://hdl.handle.net/11540/8089.
    Keywords
    Aid And Development
    Asian Development Bank
    Comprehensive Development Framework
    Development Cooperation
    Development Management
    Development Planning
    Development Strategies
    Development In East Asia
    Development Planning
    Development Research
    Green revolution
    Commerce and Industry
    Intra-Industry Trade
    Large Scale Industry
    Labor
    Textile Industry
    Rayon Industry
    Cotton Industry
    Clothing Industry
    Rural planning
    Aid coordination
    Industrial projects
    Infrastructure projects
    Natural resources policy
    Educational development
    Development strategy
    Development models
    Economic development
    Industrialization
    Industrial Economics
    Industrial Development
    Industrial Policy
    Weaving
    Textiles
    Textile Workers
    Wool Industry
    Silk Industry
    Small Scale Industry
    Medium Scale Industry
    Local Industry
    Export Oriented Industries
    Shoe Industry
    Clothing
    Hosiery Industry
    Fur Industry
    Leather Industry
    Income Distribution
    Demographic Indicators
    Communication in rural development
    Communication in community development
    Economic development projects
    Development banks
    Economic forecasting
    Environmental auditing
    Cumulative effects assessment
    Human rights and globalization
    Market share
    Labor
    Work clothes industry
    Women's clothing industry
    Children's clothing industry
    Uniforms industry
    Underwear industry
    T-shirt industry
    Sweater industry
    Suspender industry
    Sport clothes industry
    Sleepwear industry
    Shirt industry
    Shawl industry
    Men's clothing industry
    Leather garments industry
    Textile industry and fabrics
    Fabrics
    Cloth
    Wool-growing industry
    Garment industry
    Apparel industry
    Belt industry
    Glove industry
    Footwear industry
    Social change
    Social accounting
    Inequality of income
    Economic growth
    Quality of Life
    Green Revolution
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    Citable URI
    http://hdl.handle.net/11540/8089
    Metadata
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    Introducing-Greening-Strategies-in-Emerging-Economies.pdf (1.311Mb)
    Author
    Syed A. Al-Muti
    Theme
    Development
    Industry
    Labor Migration
     
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise