Franklin

Moving Forward [electronic resource] : Connectivity and Logistics to Sustain Bangladesh's Success.

Author/Creator:
World Bank Group.
Other Title:
World Bank other research.
Publication:
Washington, D.C. : The World Bank, 2019.
Series:
Other Infrastructure Study.
World Bank e-Library
Other Infrastructure Study.
Format/Description:
Government document
Book
1 online resource
Local subjects:
Infrastructure Investment
Logistics
Private Investment
Railways
Roads
Summary:
Bangladesh has been successful on many counts. The economy grew six percent a year between 2000 and 2017, and the poverty rate fell by more than half. All sectors experienced growth, but the contribution of agriculture to gross domestic product (GDP) declined, as Bangladesh became an important player in the textile and ready-made garments global value chain, which accounts for more than half of manufacturing employment and eighty-four percent of all exports in the country. The sustainability of this growth model is now being challenged, as Bangladesh's competitiveness based on low wages is eroding. Rising wage demands from workers, intensifying global price competition, and inefficient logistics are putting significant cost pressure on Bangladeshi producers. This report presents a comprehensive assessment of logistics performance, its root causes, and the economic implications of potential interventions. Based on the analysis, the report proposes policy directions to improve logistics performance.
Contributor:
World Bank Group.
Publisher Number:
10.1596/31835
Access Restriction:
Restricted for use by site license.
Location Notes Your Loan Policy
Description Status Barcode Your Loan Policy