Paths to development: is there a Bangladesh surprise?
M Asadullah (),
Antonio Savoia and
Global Development Institute Working Paper Series from GDI, The University of Manchester
Abstract Is Bangladesh’s development progress surprising, given its level of economic development? Using aggregate indices of education, health, demographic and gender equality outcomes, we empirically investigate the hypothesis that Bangladesh made exceptional gains in human development compared with countries with similar level of per capita income. Stylised facts and cross-country regression results indicate that, for a broad range of dimensions, there is a human development surplus. Further tests show that such surplus does not reflect the role of economic growth and public expenditure programmes. We conclude by speculating on the role of Bangladesh’s human development to sustain the process of growth and on the implications of governance and institutional quality for the nexus between growth and human development.
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Journal Article: Paths to Development: Is there a Bangladesh Surprise? (2014)
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Persistent link: https://EconPapers.repec.org/RePEc:bwp:bwppap:18913
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