Tag Archives | Bangladesh Economics, Finance sector development, Health, Social development and protectionFinance sector developmentEconomicsPoverty Economics
While the World Bank has identified Bangladesh as one of only three big economies that had increases in remittance inflows in 2020, along with Pakistan and Mexico (Ratha et al. 2020), and remittances have long made up a substantial share of people’s income in the country, preliminary results from a recent study supported by the Asian Development Bank Institute (ADBI) finds surprising resilience for remittance inflows into the rural economy during the first wave of the coronavirus disease (COVID-19) pandemic in Bangladesh.
By Lotte Schou-Zibell. Posted May 26, 2016
Due to innovations in financial technology and changes in the enabling environment, the number of financially excluded adults across Asia and the Pacific has dropped to about 1 billion. Increased access to affordable financial services can be a lever for Asians to smoothen consumption, manage risk and improve their lives through better savings options, access to credit, and cheaper payments or remittances.
By Shang-Jin Wei. Posted August 14, 2015
After many decades of driving regional growth, the economy of the People’s Republic of China (PRC) is now slowing down, and this is likely going to have a noticeable effect on the world economy and especially globally integrated economies in developing Asia.
Bangladesh’s economy has recorded remarkable economic performance in the new millennium, though its per capita income has remained low. Even more spectacular has been the steady improvement in its levels of many social development outcomes. Popular commentaries have drawn comparisons with India and Pakistan in highlighting the significance of Bangladesh’s development achievements. This phenomenon has been termed as the “Bangladesh conundrum,” and has received extensive coverage in international media outlets, such as the New York Times, the Economist and the Wall Street Journal.
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