Strategy towards Bangladesh’s Sustainable LDC Graduation
Rahman, Musta zur; Bari, Estiaque | March 2018
Abstract
Bangladesh’s graduation prospects di er from those of the earlier graduates and the current candidate LDCs. This is revealed by relevant indicators concerning the 20 countries ( five LDC graduates and 15 candidate LDCs which are expected to graduate by 2024) which were reviewed by the CDP in 2015. Dispersion between the threshold and actual score on EVI for most countries, especially small island countries, was found to be significantly high (Figure 1).
It is to be conceded that, a high GNI per capita with relatively low HAI and EVI or a relatively low GNI per capita with high HAI and EVI could put under question the long-run sustainability of LDC graduation of a country. Therefore, for an LDC, the relative advantage of a more balanced pathway to graduation, with a good track record in terms of all the three criteria, cannot be overemphasised. From this perspective, Bangladesh, with the likelihood of crossing all the three graduation thresholds, maintaining a significant comfort zone, is on a firm footing. This scenario demonstrates the strength of Bangladesh’s economy as the country prepares to graduate in 2024 following two successive triennial reviews. Against this backdrop, the government of Bangladesh should consider designing a strategy towards sustainable LDC graduation. This policy brief elaborates upon Bangladesh’s unique characteristics and the distinctive context for its journey towards graduation, examines the implications of graduation for Bangladesh’s economy and identifies core elements of a strategy that will enable the country to graduate with momentum.
Citation
Rahman, Musta zur; Bari, Estiaque. 2018. Strategy towards Bangladesh’s Sustainable LDC Graduation. © Centre for Policy Dialogue. http://hdl.handle.net/11540/8166.Keywords
Industry
Development Economics
Economic Models
Organization for Economic Cooperation and Development
Macroeconomic
Macroeconomic Analysis
Macroeconomic Framework
Macroeconomic Models
Macroeconomic Performance
Macroeconomic Planning
Macroeconomic Policies
Macroeconomic Reform
Macroeconomic Stabilization
Securities
Competition
Industrial competition
Unfair competition
Monopolies
Competition policy
Development cooperation
Economic discrimination
Industrial Development
Financial Services Industry
Industrial Sector
Competition
Comparative economics
Communication in economic development
Industrialization
Monopoly
Barriers to entry
Monopolistic competition
Restraint of trade
Price discrimination
Imperfect competition
Press monopoly
Diversification in industry
Unfair competition
Investment banking
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