Growth Narrative of Bangladesh Economy

Author(s):  
Fahmida Khatun

Bangladesh has made impressive progress and undergone structural changes over the last five decades despite resource constraints and various social and political challenges. However, while in the long-term, its economic growth is remarkable, the short-term performance is somewhat disappointing. Moreover, while the average and aggregate numbers paint an inspiring image, disaggregated indicators do not often support the apparent good health of the economy. This paper brings out two issues: (i) what have been the growth drivers of Bangladesh economy, and (ii) what have been the outcomes of growth. It also makes a number of recommendations for maintaining, expediting and sustaining the growth momentum. The article recommends for more employment generation in the formal sector, reduction of inequality, mobilization of higher domestic resources, energizing private investment, and above all, ensuring good governance. The paper emphasizes on continuous institutional reforms to improve the quality of growth and ensure distributional justice in Bangladesh.

2016 ◽  
Vol 55 (4I-II) ◽  
pp. 675-688
Author(s):  
Ghulam Murtaza ◽  
Muhammad Zahir Faridi

The present study has investigated the channels through which the linkage between economic institutions and growth is gauged, by addressing the main hypothesis of the study that whether quality of governance and democratic institutions set a stage for economic institutions to promote the long-term growth process in Pakistan. To test the hypothesis empirically, our study models the dynamic relationship between growth and economic institutions in a time varying framework in order to capture institutional developments and structural changes occurred in the economy of Pakistan over the years. Study articulates that, along with some customary specifics, the quality of government and democracy are the substantial factors that affect institutional quality and ultimately cause to promote growth in Pakistan. JEL Classification: O40; P16; C14; H10 Keywords: Economic Institutions, Growth, Governance and Democracy, Rolling Window Two-stage Least Squares, Pakistan


Author(s):  
Teng (Alex) Wang ◽  
Reginald R. Souleyrette ◽  
Daniel Lau ◽  
Peng Xu

Quality of surface is an important aspect affecting both the safety and the performance of at-grade rail-highway crossings. Roughness may increase the risk of crashes for both trains and automobiles. Varying grades in crossing profiles increase the likelihood of high-centered crossing collisions between train and truck [1]. The US DOT Railroad Highway Grade Crossing Handbook [2] suggests that rough surfaces could distract a driver’s attention from oncoming trains and that the unevenness of the crossing could result in a driver losing control of their vehicle resulting in a crash. No quantitative method currently exists to quickly and economically assess the condition of rail crossings in order to evaluate the long term performance of crossings and set a quantitative trigger for their rehabilitation. The conventional method to measure the surface of quality of crossings is based on expert judgment, whereby crossing surfaces are classified as poor, fair or good after an inspector visits and drives over the crossing. However, actual condition of the crossing could be different from the subjective rating. Poor condition rating crossings may not always present the most cost-effective locations for preventive maintenance to lower overall life-cycle costs. Conventional ratings may derive from driving a passenger car of pickup once over the crossing. Effects of various speed, on various vehicles (suspension), and at various places (laterally) cannot be determined or even estimated except at the smoothest of crossings. A quantifiable and extensible procedure is desired. With rapid advances in computer science, 3D sensing and imaging technologies, it seems logical that a cost-effective quantitative method could be developed to determine the need to rehabilitate rail crossings and assess long term performance. Fundamental to the quantification of crossing condition is the acquisition of an accurate 3D surface model of the crossing in its present state. This paper reports on the development of an accurate, low cost and readily deployable sensor capable of rapid collection of this 3D surface. The research is seen as a first step towards automating the crossing inspection process, ultimately leading to the quantification and estimation of future performance of rail crossing.


2017 ◽  
Vol 18 (3) ◽  
pp. 314-331 ◽  
Author(s):  
Jacques de Maillard ◽  
Stephen P Savage

Performance management in criminal justice organizations has become a prominent issue in many countries and has faced increasing criticisms by scholars and practitioners. In this regard it is important to examine empirically how performance frameworks work concretely. We do so through the empirical examination of ‘performance regimes’, that is, the sets of performance indicators, internal procedures, instruments and processes of internal accountability through which performance is defined, assessed and monitored work in police organizations. By using the categories of traditional (target-based, top–down and short-term) and advanced (processes, more deliberative and creative and long-term) performance regimes, we have charted a process of evolution illustrated by the experience of two police forces in England. We argue that police performance management is a contradictory and hybrid process containing elements of both traditional and advanced regimes and in constant flux between them. Problem-solving and a focus on the quality of processes coexist with cascading pressures, an emphasis on numerical targets and other features of more traditional regimes.


1989 ◽  
Vol 238 (1291) ◽  
pp. 137-154 ◽  

Synapses that can be strengthened in temporary and persistent manners by two separate mechanisms are shown to have powerful advantages in neural networks that perform auto-associative recall and recognition. A multiplicative relation between the two weights allows the same set of connections to be used in a closely interactive way for short-term and long-term memory. Algorithms and simulations are described for the storage, consolidation and recall of patterns that have been presented only once to a network. With double modifiability, the short-term performance is dramatically improved, becoming almost independent of the amount of long-term experience. The high quality of short-term recall allows consolidation to take place, with benefits from the selection and optimization of long term engram s to take account of relations between stored patterns. Long-term capacity is greater than short-term capacity, with little or no deficit compared with that, obtained with singly modifiable synapses. Long-term recall requires special, simply implemented, procedures for increasing the temporary weights of the synapses being used to initiate recall. A consolidation algorithm is described for improving long-term recall when there is overlap between patterns. Confusional errors are reduced by strengthening the associations between non-overlapping elements in the patterns, in a two-stage process that has several of the characteristics of sleep.


2016 ◽  
Vol 4 (1) ◽  
Author(s):  
Marcelus Tene ◽  
A. J. M. Rattu ◽  
Benedictus S. Lampus

Abstract: Problems that often arise in health centers are among others issues of medical and paramedical personnel performance which appear on the quality of work or the quality of service and achievement of the programs implemented at the PHC. Individual performance is related to the working person's behavior. Employee behavior will result in a positive long-term performance and increase the ability of personnel, or vice versa, causing a negative long-term performance and a decrease in the ability of personnel. This study aimed to determine the relationship between working stressors and employee performance at Tongkeina Health Center Manado. This was a descriptive analytical study with a cross sectional design conducted at the health center Tongkeina from August 2013 to November 2013. The results showed that there was a relationship between job condition, interpersonal relationship, and homework presentation with employee performance. Interpersonal relationship was the most dominant variable affected the performance of employees in the health center Tongkeina.Keywords: stressor, performanceAbstrak: Permasalahan yang sering muncul di Puskesmas antara lain masalah kinerja tenaga medis dan paramedis, yang nampak dari kualitas pekerjaan atau kualitas pelayanan dan hasil pencapaian program yang dilaksanakan Puskesmas. Kinerja individu berhubungan dengan perilaku bekerja seseorang. Perilaku pegawai akan menghasilkan kinerja jangka panjang yang positif dan peningkatan kemampuan personil, atau sebaliknya, menimbulkan kinerja jangka panjang yang negatif serta penurunan kemampuan personil. Penelitian iani bertujuan untuk menentukan hubungan antara stresor kerja dan kinerja pegawai Puskesmas Tongkeina Kota Manado. Jenis penelitian ini deskriptif analitik dengan pendekatan potong lintang. Penelitian dilakukan di Puskesmas Tongkeina, kecamatan Bunaken, Kota Manado pada bulan Agustus 2013 sampai November 2013. Hasil penelitian mendapatkan bahwa terdapat hubungan antara kondisi pekerjaan, hubungan interpersonal, dan tampilan pekerjaan rumah dengan kinerja pegawai. Variabel hubungan interpersonal yang paling dominan berpengaruh pada kinerja pegawai di Puskesmas Tongkeina.Kata kunci: stresor, kinerja


Author(s):  
Farhad Rahmanov ◽  
Elchin Suleymanov

In article experience of diversification of economy of the countries which economic complex is based on production of natural resources is investigated. In the context of the problems facing economy of Azerbaijan and in comparison to foreign countries the course and results of transformations, a role of non-oil sector in development of economy, the potential of positive impacts on country modernization and barriers on the way of realization are considered. The complex of factors – new technologies, institutional reforms, structural changes which in close interference significantly strengthened action of long-term sources of the advancing growth of branches of non-oil sector and its general economy role during the considered period is analyzed. Most important parties of transformation and diversification of economy are defined: transition of branches to modern technological base, functional complication of production, integration into the global markets. Mechanisms of achievement of sustainable development of non-oil branches of economy are characterized, influence of transformations is estimated. Need of development of the concept of sustainable development of not oil sector is noted. The purpose of article is the research of foreign experience of transformation and diversification of economy and development of recommendations about improvement of mechanisms and methods of achievement of sustainable development of non-oil branches of economy of Azerbaijan. In the context of transition of Azerbaijan to a way of innovative development it is important to compare the reached parameters of the considered sphere, to reveal common features and distinctions, to define weak links and comparative advantages of Azerbaijani non-oil sector.


2019 ◽  
Vol 28 (6) ◽  
pp. i4-i15
Author(s):  
Amadou N R Sy ◽  
Witness Simbanegavi ◽  
Njuguna Ndung’u

AbstractA significantly large energy deficit and high vulnerability to climate change seriously impede sub-Saharan Africa’s path towards sustainable and inclusive growth. The extent to which the region can leverage the opportunities offered by renewable energy is an important policy question with implications for economic research. This special issue argues that policy and institutional reforms as well as good governance will play an important role in opening up the energy sector to private investment and expanding the fiscal space. Such a constellation, by increasing investment in the energy sector, would allow for increased access to reliable and affordable electricity by both households and businesses, which should help unleash Africa’s potential. Several future areas of research are also identified.


2019 ◽  
Vol 21 (1) ◽  
pp. 6-17
Author(s):  
L. Arturo Bernal Ponce ◽  
Ricardo Pérez Navarro ◽  
Mauricio Ramírez Grajeda

This article analyzes the causal relationship between China’s outward foreign direct investment (FDI) and several governance indicators by performing a panel data analysis for Latin American countries. First, a long-term relationship was found between China’s outward FDI and three governance indicator variables: control of corruption (CC), regulatory quality (QR), and government effectiveness (GE). This result supports the idea that there is a statistical relationship between FDI and the governance indicators. We also found evidence of causality from FDI to CC, implying that after Chinese investment there is a change in the host country’s perception of corruption. In addition, causality from QR and GE to FDI was found. The result is evidence of how outward FDI effects the host country government’s ability to implement policies and regulations which promote private investment and the quality of public services.


2020 ◽  
Vol 15 (1) ◽  
pp. 1-14
Author(s):  
Šimůnková Kristýna ◽  
Hýsek Štěpán ◽  
Oberhofnerová Eliška ◽  
Pánek Miloš ◽  
Fidan Hakan

ABSTRACT The adhesion of coatings to wood is important for their long-term performance. In this study, the adhesion strength of water-based acrylate coatings used for wooden windows after exposure to artificial weathering (AW) and temperature cycling (TC) was investigated. The analysis of the adhesion quality of coatings was performed via a pull-off test and failure characteristics. The 3-layered and 4-layered white and brown acrylate dispersions from six different producers were compared and the effect of coating thickness on adhesion strength was investigated. The adhesion strength values proved to be very variable. After AW, the adhesion strength and its variability increased for all the samples. TC had no statistically significant effect on the adhesion strength values. White coating systems were initially characterized by lower adhesion strength, but after AW and TC, they reached higher adhesion strength values than brown ones. The overall highest adhesion after AW and TC was recorded for the coatings based on alkyd-acrylate hybrid basis (Producer 3), while the lowest adhesion variability after AW was measured for one type of tested acrylate coating (Producer 4). The effect of different layering on adhesion strength was not demonstrated in this study.


2021 ◽  
Vol 23 (1) ◽  
pp. 13-18
Author(s):  
ILYA EMELIN ◽  

The paper examines the events of the Gaidar Forum – 2021 dedicated to the features of digital transformation. By analyzing the speakers’ presentations, the author notes the need to minimize the negative consequences of the coronavirus pandemic for the world economy, to unleash the creative potential and sustainable development of countries. At the same time, the question of creating an image of the future, a semantic paradigm, a strategy for the development of an integral system remains relevant. This requires strengthening business partnerships, well-coordinated interaction of government agencies (departmental and interdepartmental), and improvement of the digital economy during its transformation. The digitalization of economy enhances economic growth, creates opportunities for structural transformations, and necessary conditions for the “post-covid” development of the healthcare system. Digitalization should bring about a proactive, standardized online public service delivery. Digital transformation brings many significant structural changes affecting many areas of our lives. Since digitalization is a long-term and complicated process, particular attention should be paid to maintaining the stability of the labor market, the efficiency of the education system, and the security of big data. Digital transformation should improve the quality of public services, the overall number of digital service users, and the growth of citizens’ well-being


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