2017
DOI: 10.3362/9781780449463
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Extreme Poverty, Growth and Inequality in Bangladesh

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“…In 2015, Bangladesh achieved the status of lower middle‐income country (World Bank, 2022) as classified by the World Bank—currently defined as having a GNI per capita of between USD 1046–4095 (World Bank, n.d.). The country's per capita income is now USD 2824 a year (Bangladesh's per capita income rises to $2,824, 2022), but so far, economic growth has failed to guarantee social policies that improve the welfare of the poorest (Hall et al, 2004; and for Bangladesh, see Devine et al, 2017). Consequently, people in Bangladeshi society mostly age within evolving systems of exchange organized through the family (functional or otherwise).…”
Section: Introductionmentioning
confidence: 99%
“…In 2015, Bangladesh achieved the status of lower middle‐income country (World Bank, 2022) as classified by the World Bank—currently defined as having a GNI per capita of between USD 1046–4095 (World Bank, n.d.). The country's per capita income is now USD 2824 a year (Bangladesh's per capita income rises to $2,824, 2022), but so far, economic growth has failed to guarantee social policies that improve the welfare of the poorest (Hall et al, 2004; and for Bangladesh, see Devine et al, 2017). Consequently, people in Bangladeshi society mostly age within evolving systems of exchange organized through the family (functional or otherwise).…”
Section: Introductionmentioning
confidence: 99%