A Critical Analysis of the Impact of Foreign Aid in Timor-Leste
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WIDER Working Paper 2020/44-Structural Transformation
WIDER Working Paper 2020/44 Structural transformation, inequality dynamics, and inclusive growth in Bangladesh Selim Raihan1 and Sunera Saba Khan2 April 2020 Abstract: The Bangladesh economy has undergone significant structural changes over the last four decades. The share of agriculture in GDP has declined, while the significance of industry and service sectors has increased. These structural changes have been associated with persistent challenges such as lack of diversification, poor working conditions, low productivity, and high degree of informality, obstructing the progress towards inclusive economic growth. Though manufacturing is now an overwhelmingly salient component of Bangladesh’s export composition, this is due primarily to the rapid expansion of the ready-made garments sector: the performance of other industries has been rather weak. In order to become a sustained, inclusive driver of economic growth and employment creation, the manufacturing sector needs to focus on expanding and diversifying its base. This study looks at the major challenges, both policy-induced and structural, for the required structural transformation in the Bangladesh economy, aiming to tackle inequality and promote inclusive growth. Key words: Bangladesh, structural transformation, inclusive growth, inequality, ready-made garments JEL classification: O14, O25, O40, O53 1 University of Dhaka and SANEM (South Asian Network on Economic Modeling), Dhaka, Bangladesh, corresponding author: [email protected]; 2 SANEM, Dhaka, Bangladesh. This study has been prepared within the UNU-WIDER project Developer’s dilemma – structural transformation, inequality dynamics, and inclusive growth. Copyright © UNU-WIDER 2020 Information and requests: [email protected] ISSN 1798-7237 ISBN 978-92-9256-801-6 https://doi.org/10.35188/UNU-WIDER/2020/801-6 Typescript prepared by Luke Finley. -
Australia and Japan Create a New Economic Paradigm
Australia and Japan Create a New Economic Paradigm Australia-Japan Foundation Project 2015-16 By Manuel Panagiotopoulos Project Sponsored by AUSTRALIA AND JAPAN CREATE A NEW ECONOMIC PARADIGM Australia and Japan Create a New Economic Paradigm By Manuel Panagiotopoulos SEPTEMBER 2016 PREPARED FOR THE AUSTRALIA-JAPAN FOUNDATION Caveat: The opinions expressed herein are the personal opinions of the author. They do not necessarily represent the opinion of the Australia-Japan Foundation or any other Australian or Japanese institution, organisation, official nor any business with which the authors may be associated outside of this publication. Manuel Panagiotopoulos 2016 2 AUSTRALIA AND JAPAN CREATE A NEW ECONOMIC PARADIGM CONTENTS EXECUTIVE SUMMARY 4 FORWARD A PERSONAL REFLECTION 13 INTRODUCTION 15 SECTION 1 GEOPOLITICS IS MORE IMPORTANT THAN ECONOMICS… BUT GEOPOLITICS MUST BE INFORMED BY REAL UNDERSTANDING OF ECONOMICS 18 SECTION 2 GEOECONOMICS: USEFUL BUT LIMITED 21 SECTION 3 AUSTRALIA-JAPAN STRATEGIC PRIORITIES: MARITIME FREEDOM; US ALLIANCE; COOPERATION 24 SECTION 4 PROGRESS OF THE AUSTRALIA-JAPAN SECURITY RELATIONSHIP 30 SECTION 5 REITERATING THE NEW COMPLEMENTARITY BETWEEN AUSTRALIA AND JAPAN AND MOVING TOWARDS TOTAL ECONOMIC ENGAGEMENT NEW COMPLEMENTARITY, RELATIONAL ECONOMICS AND STRATEGIC ALIGNMENT 33 SECTION 6 AUSTRALIA’S SUBMARINE DECISION AND WIDER DEFENCE OPPORTUNITIES 40 SECTION 7 DEVELOPMENTS IN GOODS AND SERVICES TRADE 43 SECTION 8 NEW DIRECTIONS IN JAPANESE INVESTMENT AND 52 BANKING IN AUSTRALIA JAPAN NOW NO2, SOGO SHOSHA, -
Development of Bangladesh Economy: Obstruction and Challenges
© IJCIRAS | ISSN (O) - 2581-5334 June 2020 | Vol. 3 Issue. 1 DEVELOPMENT OF BANGLADESH ECONOMY: OBSTRUCTION AND CHALLENGES Mukut Sikder1, Xuecheng Dou 2 College of Finance and Economics, Gansu Agricultural University, Lanzhou,730070, P.R China After the 2nd World War in 1947, the British split the Abstract Indian subcontinent into; Bangladesh, Nepal, Bhutan, The study principally is a contribution to the India, Maldives, Sri Lanka, and Pakistan. (Kumar, may numerous interpretation and discussion made by 2012). East Pakistan was created as the name of the West many writers about Bangladesh economic Zone of India and this area current name is Bangladesh. development process and the steps taken by the After nine months liberation war with West Pakistan, the government and for which the future is taking better help of the cervical assistance of India East Pakistan steps. The article proofer some tentative challenges (Bangladesh) in 1971 was recognized as an independent to the obstructions within the Bangladesh economy. country and get a place in the World map The data for the work was gathered by reviewing (HeritageFoundation, 2019). relevant literature in the subject matter. The work first presents an abridged profile of Bangladesh and 1.2. Inspiration to select the topic also identifies the problems each component of the economy comes with. The need for competent Bangladesh has no readily available work for the huge government policies, administrative rules, and population; most of them live under the poverty line. It effective proposals are unequivocal in increasing is difficult to survive and earn much money for education, health, micro and macro-economic livelihood. -
The DAC Journal
© OECD, 2002. © Software: 1987-1996, Acrobat is a trademark of ADOBE. All rights reserved. OECD grants you the right to use one copy of this Program for your personal use only. Unauthorised reproduction, lending, hiring, transmission or distribution of any data or software is prohibited. You must treat the Program and associated materials and any elements thereof like any other copyrighted material. All requests should be made to: Head of Publications Service, OECD Publications Service, 2, rue André-Pascal, 75775 Paris Cedex 16, France. © OCDE, 2002. © Logiciel, 1987-1996, Acrobat, marque déposée d’ADOBE. Tous droits du producteur et du propriétaire de ce produit sont réservés. L’OCDE autorise la reproduction d’un seul exemplaire de ce programme pour usage personnel et non commercial uniquement. Sauf autorisation, la duplication, la location, le prêt, l’utilisation de ce produit pour exécution publique sont interdits. Ce programme, les données y afférantes et d’autres éléments doivent donc être traités comme toute autre documentation sur laquelle s’exerce la protection par le droit d’auteur. Les demandes sont à adresser au : Chef du Service des Publications, Service des Publications de l’OCDE, 2, rue André-Pascal, 75775 Paris Cedex 16, France. Part II Aid Responses to Afghanistan: Lessons from Previous Evaluations Aid responses to Afghanistan: Lessons from Previous Evaluations FOREWORD “Aid Responses to Afghanistan: Lessons from Previous Evaluations” was a key background paper prepared by Niels Dabelstein 1 for the DAC Experts’ Meeting on “Afghanistan Reconstruction and Recovery: Seeing Round the Corner” (May 2002, OECD, Paris). It was also discussed at the DAC Senior Level Meeting in December 2001. -
Report (1997), Only Five African Countries Have a Lower GDP Per Capita Than East Timor’S Post- Crisis $US168 Per Capita
CHAPTER 2 ECONOMIC AND SOCIAL DEVELOPMENT The East Timor economy1 2.1 The Indonesian withdrawal from East Timor in September 1999, accompanied by a campaign of violence, killings, massive looting and destruction of property and infrastructure, forced transportation of large numbers of people to West Timor and the flight of most of the rest of the population from their homes, left the East Timor economy in ruin. This section, therefore, largely describes the economy as it was prior to the Indonesian withdrawal, the remains of which must serve as the foundations for the economy of an independent East Timor. 2.2 DFAT submitted that East Timor has always been principally a subsistence economy. Much economic activity occurred through barter, which was not captured in GDP figures. Economic statistics for East Timor were scarce and unreliable, as was detailed information about economic activity. DFAT stated that: Preliminary figures from the Indonesian Government Bureau of Statistics (BPS) indicate that East Timor’s 1998 GDP was Rp1405 billion ($US148 million) using an average annual exchange rate of for 1998 of Rp9514/$US. GDP per capita was approximately $US168 in 1998. Largely reflecting conditions before the Indonesian economic crisis, East Timor’s GDP (at current market prices) in 1997 was Rp996 billion ($US343 million). East Timor’s GDP accounts for a tiny 0.15% of Indonesia’s national GDP. According to the BPS, per capita GDP was Rp1.1 million ($US379) compared with a national GDP per capita of Rp3.1 million ($US1,068). According to the World Bank’s World Development Report (1997), only five African countries have a lower GDP per capita than East Timor’s post- crisis $US168 per capita. -
THE LEAST DEVELOPED COUNTRIES REPORT 2013 Growth with Employment for Inclusive and Sustainable Development
UNITED NATIONS CONFERENCE ON TRADE AND DEVELOPMENT THE LEAST DEVELOPED COUNTRIES REPORT 2013 Growth with employment for inclusive and sustainable development EMBARGO The contents of this Report must not be quoted or summarized in the print, broadcast or electronic media before 20 November 2013, 17:00 hours GMT UNITED NATIONS CONFERENCE ON TRADE AND DEVELOPMENT THE LEAST DEVELOPED COUNTRIES REPORT 2013 Growth with employment for inclusive and sustainable development New York and Geneva, 2013 Note Symbols of United Nations documents are composed of capital letters with figures. Mention of such a symbol indicates a reference to a United Nations document. The designations employed and the presentation of the material in this publication do not imply the expression of any opinion whatsoever on the part of the Secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries. Material in this publication may be freely quoted or reprinted, but full acknowledgement is requested. A copy of the publication containing the quotation or reprint should be sent to the UNCTAD secretariat at: Palais des Nations, CH-1211 Geneva 10, Switzerland. The overview of this report can also be found on the Internet, in all six official languages of the United Nations, at www.unctad.org/ldcr UNCTAD/LDC/2013 UNITED NATIONS PUBLICATION Sales No. E.13.II.D.1 ISBN 978-92-1-112864-2 eISBN 978-92-1-054116-9 ISSN 0257-7550 Copyright © United Nations, 2013 All rights reserved “Don’t let your past dictate your future” Proverb from Sierra Leone What are the least developed countries? Forty-nine countries are currently designated by the United Nations as “least developed countries” (LDCs). -
Urbanization and Economic Development of Bangladesh: The
Urbanization and Economic Development of Bangladesh: The Primacy of Dhaka and Competitiveness Sarder Syed Ahmed * Muntasir Ahmed ** Abstract Now-a-days urbanization is regarded as an engine of growth and Development of a country. The contribution of urban sector to the GDP is much more than the rural sector in many developing countries like Bangladesh. The contribution of urban sector to GDP is increasing year by year in Bangladesh and it is now about 65%. Urbanization also plays a great role in socio- cultural and political development of the country. Urbanization and growth go together. Urbanization is necessary to sustain growth in developing countries & it yields other benefits as well. The contemporary theories of growth emphasizes mostly on capital and technology. There is also a missing fundamental factor-geography of a country. Geographic units in terms of location, place, climate, resource endowments and environment are the constituent‟s elements of engine of growth forming vast bundles of trade, transport, innovation and talent. Generally urbanization leads to industrialization. These two issues are closely linked in many ways. With the increasing economic development, dominance of agricultural sector gradually diminishes and industrialization takes place at an accelerated rate. Urbanization is positively co-related with industrialization. The level of urbanization in Bangladesh to total population is 28% but contribution of 28% population to GDP is 65% . Dhaka city consists, of 9% of total population of Bangladesh but its contribution to GDP near about 40%. The economic geography of Bangladesh is concentrated on economic production of Dhaka and Chittagong, Economic Density of Dhaka is much lower than similar other developing countries of the World. -
Economic Prospects of Bangladesh Examines This Question and Comes up with Only Moderately Hopeful Answers
Overseas Development Economic Prospcts of Institute Bangladesh OVERSEAS DEVELOPMENT INSTITUTE, 10 - 11 PERCY STREET, LONDON W1P OJB Tel: Oi - 637 3622 Austin Robinson Even before the massive upheavals of 1971 and 1972 flood, war, crop failure the eastern wing of Pakistan was one of the poorest countries in the world. Income per head was only about $70: with gross national product rising at about 4~J-% a year, and population at almost 3%, even this low level was hardly improving. Imports of food were increasing, while earnings from the major export -jute were stagnant. In 1971 and 1972 flood and war caused tremendous damage to the transport system and seriously disrupted agriculture, on which 80% of the population depends for a livelihood. The establishment of political independence meant that the whole machinery of a separate state had to be created. The question now is whether Bangladesh can ever escape its grinding poverty. Economic Prospects of Bangladesh examines this question and comes up with only moderately hopeful answers. It defines the immediate and longer-term problems facing the economy, and assesses the chances of achieving steady and continuing growth. It underlines the enormous effort that this new State must make if it is to reach even the modest rate of expansion recorded in the years immediately before inde pendence. It argues that donor countries can and should contribute to this effort by more generous grants and loans to restore imports of essential food and consumer goods, by more flexible project and programme aid, and by improved access for Bangladesh's exports. -
Curriculum Vitae
Uttam Deb, Ph.D. Department of Aquaculture and Fisheries University of Arkansas at Pine Bluff, Pine Bluff, AR 71602 Phone: (870)-575-8108, Fax: (870)-575-4637 Email: [email protected] I. EDUCATION 1995 Ph.D. in Agricultural Economics, University of the Philippines Los Baños (UPLB), Philippines 1986 M. Sc. Agricultural Economics, Bangladesh Agricultural University (BAU), Bangladesh 1985 B.Sc. Agricultural Economics (Honors), Bangladesh Agricultural University (BAU), Bangladesh II. LIST OF PUBLICATIONS Author and co-author of more than 250 publications including 31 journal articles, 10 books and monographs, 38 book chapters, 2 Thesis, 14 policy briefs, 44 international conference papers, 36 national conference/ seminar papers, 30 working papers/ research reports, 16 poster papers and 4 Book Reviews. Lead contributor of 29 CPD corporate publications, and published 27 write-ups in newspapers and professional magazines. Journal Articles (31) 1. Deb U, Pramanik S, Khan PE and Bantilan C. 2016. Tenancy and Agricultural Productivity in Southern India: Nature, Extent, Trends and Determinants. Journal of Rural Development. Vol. 35, No. 3. 435-464. 2. Anupama GV, Deb U, Bantilan C and Vajjha H. 2016. Seasonal Migration and Moving Out Of Poverty in Rural India: Insights from Statistical Analysis. Asian Journal of Agriculture and Development.13 (2): 35-53. 3. Deb U, and Pramanik S. 2015. Groundnut production performance in Bangladesh: A district level analysis. Economic Affairs. 60(3): 391-400. 4. Kumar R, Deb U, Bantilan C, Nagaraj N and Bhattarai M. 2015. Economic growth and rural transformation in Eastern India: Strategies for inclusive growth. Indian Journal of Economics and Development 2:3 pp 779 -97. -
Asian-Economies.Pdf
GoBali Course Guide More information about the GoBali program is available on the Internet (http://www.gobali.org). Indonesia: Universitas Udayana, Center for International Programs, 2015 GoBali and the GoBali logo are registered trademarks of Go Abroad Study Programs Pte. Ltd., used with permission. © Go Abroad Study Programs Pte. Ltd., Singapore. Printed in Indonesia Asian Economies: Code: ECTS: Language: Lecturer: BS2 5 English Mr. Putu Agus Ardiana, SE.,MM.,Macc&Fin.,Ak Description: A number of scholarly research papers reveal that Asian countries have shown tremendous economic growth and are predicted to lead the world economy in few decades ahead. Asian “tigers” such as Japan, China, and Korea have proven their capability and quality to compete globally with the US and European countries. Emerging Asian economies such as India, Singapore, Malaysia, and Indonesia are also believed to be the potential leading economy in few decades. On the other hand, poverty, unemployment, income inequality, and some other macroeconomic problems also exist in Asia. Learning Objective: The course aims to introduce the characteristics of (selected) Asian countries, mainly about their macroeconomic conditions. Students undertaking this course are expected to be familiar with the economy of the (selected) countries after completing this course. Students must attend all weekly lectures, actively involved in case studies, submit assignments (to be advised later), as well as sit in mid-test and final exam. Students are expected to read the suggested readings and power point presentations as well as spend about 20 hours a week for self-study in order to be successful in this course. Subjects Covered: Microeconomic and macroeconomic issues in selected Asian countries such as applications of demand and supply laws in microeconomic policy settings, poverty, unemployment, among others. -
Japan's Production Networks in Asia
HATCH AND YAMAMURA 1 ANALYSIS Volume 8, Number 1 A LOOMING ENTRY BARRIER: JAPAN’S PRODUCTION NETWORKS IN ASIA Kozo Yamamura and Walter Hatch THE NATIONAL BUREAU OF ASIAN RESEARCH © 1997 by The National Bureau of Asian Research. ISSN 1052-164X Printed in the United States of America. The National Bureau of Asian Research, a nonprofit, nonpartisan institution, conducts advanced policy research on contemporary and future issues concerning East Asia, Russia, and U.S. relations with the Asia-Pacific region. NBR does not advocate policy positions, but rather is dedicated to providing expert information and analysis for effective and far-sighted policy decisions. The NBR Analysis, which is published five times annually, offers timely reports on countries, events, and issues from recognized experts. The views expressed in these essays are those of the authors, and do not necessarily reflect the views of other NBR research associates or institutions that support NBR. This report may be reproduced for personal use. Otherwise, its articles may not be reproduced in full without the written permission of NBR. When information from this report is cited or quoted, please cite the author and The National Bureau of Asian Research. Funding for this publication was provided by the Henry M. Jackson Foundation. Publishing and production services by Laing Communications Inc., Redmond, Washington. NBR is a tax-exempt, nonprofit corporation under I.R.C. Sec. 501(c)(3), qualified to receive tax-exempt contributions. This is the thirty-first NBR Analysis. For further information about NBR, call or write: THE NATIONAL BUREAU OF ASIAN RESEARCH 715 SAFECO Plaza Seattle, WA 98185 Tel: (206) 632-7370 Fax: (206) 632-7487 Email: [email protected] http://www.nbr.org FOREWORD Historically, a primary goal of America’s Asia policy has been the preserva- tion of unimpeded access to the markets of the region. -
Impact of Trade Cost on Bangladesh's Trade a Gravity Model Approach
Impact of Trade Cost on Bangladesh’s Trade A Gravity Model Approach Towfiqul Islam Khan1 Research Fellow Centre for Policy Dialogue (CPD) House: 40/C, Road: 32, Dhanmondi R/A, Dhaka-1209, Bangladesh. <[email protected]> Mashfique Ibne Akbar Research Associate Centre for Policy Dialogue (CPD) House: 40/C, Road: 32, Dhanmondi R/A, Dhaka-1209, Bangladesh. <[email protected]> Md. Zafar Sadique Research Associate Centre for Policy Dialogue (CPD) House: 40/C, Road: 32, Dhanmondi R/A, Dhaka-1209, Bangladesh. <[email protected]> 15 December, 2013 Prepared for Conference on “Empirical Investigations in Trade and Investment” Phuket, Thailand 1Corresponding author: +8801713244355 (cell), +88028124770 (office), +88028130951 (fax) ABSTRACT The paper employed gravity modelling to examine the role of trade cost in Bangladesh’s trade by using the recently available trade cost estimates of WB-ESCAP. The paper has undertaken two separate exercises considering the distinct features associated with the country’s export and import. Analysis from the study has revealed that trade cost has significant impact for both Bangladesh’s export and import. Hence, higher trade cost leads to lower trade volume for Bangladesh. Since the trade cost variable incorporates a number of components including tariff, transport cost, cultural components and trade facilitation issues, it is the case that the future trade policy of Bangladesh will need to address these issues with utmost sincerity. Furthermore, distance between trading partners, trade arrangements and common border being significant determinants of Bangladesh’s import, her exports are influenced by the economic condition of partner countries and GSP facilities offered by the developed countries.