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Growth Narrative and the State of Living Standard of the Masses Year-end Assessment of Bangladesh Economy

Monthly Bangladesh Economic Update, December 2017

December 2017

The Unnayan Onneshan (UO), an independent multidisciplinary think tank, in its year-end assessment of the economy reveals that the growth narrative contrasts living standard of the masses.

The Issue identifies the medium-term macroeconomic challenges in the forms of inequality of opportunities, arrested productive capacity, ineffectual macroeconomic policy framework and resultant growth hiding in shadows looming large.

“The causes of elapsing prospects are more institutional. The gradual corrosion of institutions has constrained allocation of resources to channel efficiently into the productive sectors in order for the economy to get higher returns in terms of reduced welfare gap and expanded productive capacity,” observes the last issue of the UO’s monthly Bangladesh Economic Update.

 

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