Paths to Development: Is there a Bangladesh Surprise?
M. Niaz Asadullah
University of Reading - Department of Economics
University of Manchester - Institute for Development Policy and Management
Economic Research Group
November 5, 2013
Brooks World Poverty Institute Working Paper No. 189
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.
Number of Pages in PDF File: 30
Keywords: BRAC, economic growth, human development, governance, institutions, Bangladesh, India, Pakistan
JEL Classification: O11, O20, O40, E60, H50
Date posted: November 6, 2013 ; Last revised: February 2, 2015