Tuesday, May 31, 2011

Budget for a big push - Bangladesh


The Financial Express
Abdul Bayes, Professor of Economics at Jahangirnagar University looks at the future economy and finances of Bangladesh:

“Available indicators seem to suggest that the target set for the gross domestic product (GDP) growth rate at 6.7 per cent is going to be realised. Of course, the growth rate estimates by World Bank and ADB put it on a lower side at 6.3 to 6.5 per cent. The growth rate of 6.7 per cent may surprise some people but not me.”

“The syndrome of our growth is dubbed a "demographic dividend". That means, our working labour force is growing at a higher pace than the population growth, and this burgeoning work force have been doing something to eke out a living. The main propeller of growth in recent periods was this simple behaviour - as perceived by economists.”

for full article:


2 comments:

  1. This sounds like a bad day in Bosnia. You will need to not only provide waiting jobs for the future working force but for the people that will retire as well. not to go in much detail because it is a very broad topic.



    --
    call Bangladesh

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  2. Dear Bradly Jones,

    So where does that leave us?

    The situation elsewhere is analogous, is it not?

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