Bangladesh's economy is currently subject to probably the harshest test of resilience it has faced in recent memory. In the past, growth continued to be resilient despite several external shocks that slowed exports, remittance, and investment. Bangladesh’s resilience to global shocks came from strong fundamentals at the onset of the crisis, competiveness of exports and migrant labor, relatively under-developed and insulated financial markets, and a pre-emptive policy posture. Bangladesh has a robust disaster management capacity to deal with natural disasters, undertake rescue operations, and conduct post-disaster relief and rehabilitation.
According to recent estimates, South Asia is facing a shortage of 38 million housing units, largely affecting low and middle-income households. It comes as no surprise that informal settlements, slums and squatters are growing in all major urban centers across Asia to supplement the demand from urban poor. India alone has 52,000 slums inhabited by 14 percent of its total urban population. Almost, 50 percent of total population in Karachi, i.e. 7.6 million persons, lives in Katchi-Abadis. Bangladesh has 2,100 slums and more than 2 million slum dwellers in Dhaka. Even in Afghanistan, 80 percent of residents in capital city, Kabul, live in informal settlements.
In the World Bank, we recently did a report titled Bangladesh: Towards Accelerated, Inclusive and Sustainable Growth—Opportunities and Challenges. For this study, we did a survey of 1,000 garment firms to get their perspectives on the drivers and obstacles to urban competitiveness. I report below some key findings from the survey presented in the growth report.
Dhaka City is still the most productive location for garment firms in Bangladesh. Access to markets and a relatively better quality of power supply are Dhaka city’s main comparative advantages. Dhaka has the best-performing city locations for access to skilled labor and power supply––the two factors garment firms’ value most when deciding on location––proximity to suppliers, sub-contractors, machine-repair technicians and support businesses.
Dhaka is falling behind other locations in accessibility and, for some firms, Dhaka city’s costs have started outweighing opportunities. Dhaka is the worst-performing location for urban mobility and access to the highway. Firms in the city also are disadvantaged in access to the port and airport, compared to those located in Chittagong city. Both firms and workers located in Dhaka also struggle with limited availability and high prices of land and housing.
There is little empirical regularity that is as universal as the following: no matter what the path of economic development a country has followed, urbanization has been an inevitable consequence across the world. Already half the world’s population is urban. Currently, Asia and Africa are the least urbanized regions, but they are expected to reach their respective tipping points–that is when their urban populations will exceed the rural population–in 2023 and 2030. While the urban transition occurs with diverse growth patterns at different times, the real challenge for governments is to take actions that allow residents to make the most of living in cities.
The relationship between urbanization and economic development has long been a popular issue of debate. Should a developing country encourage urbanization? While this is a real dilemma in Bangladesh, because of a highly unfavorable land-population balance, the only alternative Bangladesh has to urbanization is urbanization. The question is not whether Bangladesh should urbanize; the question is how Bangladesh will handle the challenges of urbanization.
The latest science, described in the World Bank report “Turn Down the Heat,” indicates that we are heading toward a 4° C warmer world, with catastrophic consequences in this century. While carbon dioxide (CO2) is still the No. 1 threat, there is another category of warming agent called short-lived climate pollutants (SLCPs). Mitigating these pollutants is a must if we want to avoid the 4° C warmer future.
The main SLCPs are black carbon, methane, tropospheric ozone, and hydrofluorocarbons. They are potentially responsible for more than one-third of the current warming. Because SLCPs have a much shorter lifetime in the air than CO2; reducing their emissions can create almost immediate reduction of global/regional warming, which is not possible by reducing CO2 emissions alone. According to one U.N. report, full implementation of 16 identified measures to mitigate SLCPs would reduce future global warming by about 0.5˚C.
In this blog, we will focus on one SLCP – black carbon. Black carbon is a primary component of particulate matter (PM), the major environmental cause of premature deaths globally. As a climate pollutant, black carbon’s global warming effects are multi-faceted. It can warm the atmosphere directly by absorbing radiation. When deposited on ice and snow, black carbon reduces their reflecting power and increases their melting rate. At the regional level, it also influences cloud formation and impacts regional circulation and rainfall patterns such as the monsoon in South Asia.
Considering the costs, it was never obvious to me how investments in a national identity program might add development value in a resource-crunched country like Nepal with so many competing priorities. It clicked when a senior official at Pakistan’s National Database and Registration Authority (NADRA) said, “The national identity program has allowed us to construct one big family tree of all Pakistani nationals. It is helping Pakistan establish a relationship between each member of our extended family and to redefine our obligations to one another — state to citizen and citizen to citizen.”
All it took was an invitation to open the floodgates. More than 1,200 South Asian youth responded to our call to share ideas on how to end gender-based violence in the region. The judges had the difficult task of picking 10 winners from about 60 finalists, but there were many more great solutions submitted. Here are some of my personal favorites that were not selected.
كل ما كان لتبادل الأفكار حول كيفية وضع حد للعنف القائم على نوع الجنس في المنطقة. وتولي المحكمون المهمة الصعبة المتمثلة في اختيار 10 فائزين من بين حوالي 60 متسابقاً ومتسابقة وصلوا إلى النهائيات، ولكن كان هناك العديد من الحلول العظيمة التي تم تقديمها. وفيما يلي بعض من المشاركات المفضلة لي بشكل شخصي والتي لم يتم اختيارها.مطلوباً هو دعوة لفتح الباب على مصراعيه. فاستجاب أكثر من 1200 من الشباب من جنوب آسيا لدعوتنا
Une simple invitation a suffi à provoquer une avalanche de réactions. Plus de 1 200 jeunes d’Asie du Sud ont répondu à notre appel, en nous faisant part de leurs solutions pour lutter contre les violences sexistes dans leur région. Le jury a eu la tâche délicate de désigner 10 lauréats parmi les quelque 60 finalistes, mais bien d’autres propositions de qualité ont été soumises. Voici quelques-uns des messages qui m’ont le plus touchée, mais qui n’ont pas été retenus.
Bastó una invitación para abrir las compuertas. Más de 1.200 jóvenes de Asia meridional (i) respondieron a nuestro llamado y compartieron ideas sobre cómo poner fin a la violencia de género en la región. Los jueces tuvieron la difícil tarea de escoger a los 10 ganadores (i) de entre alrededor de 60 finalistas, pero llegaron muchas más fabulosas soluciones. Aquí están algunas de mis favoritas que no fueron seleccionadas.