Governance, Competitiveness, and Growth: The Challenges for Bangladesh
This paper examines the current situation of governance in Bangladesh in an international context and analyzes different governance dimensions in economic development. It also highlights some misgovernance issues in certain sectors of the Bangladeshi economy.
The paper uses econometric estimation to relate governance with growth and discusses the outlook for meeting governance challenges in Bangladesh. Overall, the evidence indicates that different governance dimensions, such as political, institutional, and technological, are significantly and positively related to increases in per capita income. However, the quality of governance in Bangladesh has remained low as indicated by cross-country comparisons with South and East Asia.
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The views expressed in this paper are the views of the authors and do not necessarily reflect the views or policies of the Asian Development Bank Institute (ADBI), the Asian Development Bank (ADB), its Board of Directors, or the governments they represent. ADBI does not guarantee the accuracy of the data included in this paper and accepts no responsibility for any consequences of their use. Terminology used may not necessarily be consistent with ADB official terms.
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