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World food crisis, World Bank/IMF & Bangladesh April 20, 2008

Posted by bdoza in AGRICULTURE, BANGLADESH, ECONOMY, IMF, World Bank.
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The world is passing through a critical food crisis which has not affect the world for many decades. Already social uncertainty, political unrest and riots start off in many developing countries. […]

World Bank has warned that the present crisis will deepen and will create further deterioration in law and order situation in those countries. But the pity is that the warning from the World Bank came when the situation is already exposed. World Bank has failed miserably in forecasting the situation earlier and more significantly to suggest measures to offset the crisis early. (more…)

Mid term progress report on achieving MDGs of Bangladesh March 8, 2008

Posted by bdoza in BANGLADESH, GOVERNANCE, World Bank.
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Planning Commission of Bangladesh has prepared a mid-term progress report on achieving the Millennium Development Goals(MDGs) for Bangladesh which are to be attained by 2015.

The targets of MDGs that is declared in 2000  include halving the number of people living in economic poverty, ensuring universal access to primary education, eliminating gender disparity, reducing child mortality rate and maternal mortality ratio, halting and reversing HIV/AIDS and other diseases.

Among the targets Bangladesh achieved is gender parity in primary and secondary schooling in 2005. It is  well on course to halve the proportion of population below national poverty line and minimum level of energy consumption as well as gain universal access to primary education and reduce the under 5 child mortality and infant mortality rates.

Bangladesh is behind schedule in achieving gender parity in tertiary education, reducing maternal mortality and fully contained the spread of communicable diseases and reducing of proportion of population without safe drinking water and deforestation.

The report projected unemployment and rich-poor gap as the two major MDG challenges for Bangladesh.

A detailed strategy was also prepared by Work Bank to achieve the millennium goals for Bangladesh.

An UN team earlier published a progress report on 2005 which may be compared.

World Bank on 2007 acknowledged that Bangladesh is on track for most of the MDGs, even the difficult ones like infant mortality and maternal mortality provided that the quality and institutional mechanisms of service delivery to the poor are improved.

An ordinary citizen

World Bank on Bangladesh January 15, 2008

Posted by bdoza in BANGLADESH, ECONOMY, GOVERNANCE, World Bank.
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The following is the report of World Bank on Bangladesh, though made months back but is still relevant.

Bangladesh has recorded impressive economic and social gains since the 1990s:

  • Steady economic growth of 4-5% annually, relatively low inflation (which may not be true for 2007 under the caretaker government in its first year) , and fairly stable domestic debt, interest, and exchange rates.
  • This growth performance, coupled with an impressive decline in the population growth rate from 2.5% in the 1980s to 1.7% in 1990-2004, has led to a doubling of annual per capita GDP growth, from 1.6% in the 1980s to 3.3% in 1990-2004.
  • In terms of per capita GDP growth, Bangladesh out performed both IDA-only countries and low-income countries in this period. This growth record was also accompanied by more stable growth, itself a function of Bangladesh’s improved disaster management capacity.

[ an ordinary citizen: inflation rate in 2007 does not hold true with the above fact under the caretaker government in their first year where the inflation rate touched the double digit] (more…)