Poverty, Income Inequality and Growth in Bangladesh: Revisited Karl-Marx

Chowdhury, Niaz Murshed; Hossain, Md. Mobarak

doi:10.46281/amfbr.v4i2.324

Cited by 7 publications

(7 citation statements)

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“…Bangladesh is one of the least developed countries in the world, but also among the most populous in terms of density [44]. In just the previous decade, 40% of people lived below the upper poverty line and 25% live below it [45]. The country is also undergoing enormous challenges is terms of energy capacity.…”

Section: Discussionmentioning

confidence: 99%

Impact of Renewable Energy on Carbon Dioxide Emission Reduction in Bangladesh

Ahmed¹,

Yao²,

Barker-Gibb³

et al. 2021

JPEE

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Economic growth and industrialization often default to a great dependency on fossil fuels (FF) to supply power needs. The carbon rich nature of FF combustion can impact global warming. Therefore, it is conducive to transition from FF to renewable energy (RE). The present study aimed to address if replacement of a single FF by RE can mitigate carbon emissions. We conduct the study in a country undergoing mass urbanization and challenging energy demands. Data from energy resources in the Power & Energy Sector Master Plan (PSMP2016; Bangladesh) are analyzed over the 2017-2021 trajectory. Two scenarios for imports, oil and coal are assessed. Environmental input output (E-IO) analysis and percentage equivalence analysis measured data variables. The data is then further disaggregated into an emission reduction (ER) model with sensitivity analysis to measure carbon emission reduction when each FF source is substituted by RE. Results show the percentage share of energy generation capacity by both coal and RE increase over time. Solar and wind power contribute to the increase in RE. When oil is imported a 1% increase in oil, coal, and gas-based energy generation capacity increases carbon emissions by 1.25%, 1.48% and 0.93%, respectively. 1% increase in RE produces negligible carbon emissions (0.0042%). There was little difference in the percentages of carbon emissions when coal is imported. Substituting any FF with RE of equal energy capacity does not, in the short term, reduce carbon emissions in either scenario. Therefore, we conclude that for long term clean energy prospects in Bangladesh, RE needs to be developed to operate at greater capacity in conjunction with other carbon management factors. The research findings herein offer insights for clean energy implementation in developing nations.

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Section: Discussionmentioning

confidence: 99%

Impact of Renewable Energy on Carbon Dioxide Emission Reduction in Bangladesh

Ahmed¹,

Yao²,

Barker-Gibb³

et al. 2021

JPEE

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“…This would argue for policies targeted towards alleviating poverty rather than policies about redistribution (Breunig & Majeed, 2020). Chowdhury & Hossain (2019) have tried to find the relationship among poverty inequality and growth. They also try to connect the Karl Marx's thoughts on functional income distribution and inequality in capitalism.…”

Section: Literature Reviewmentioning

confidence: 99%

“…Slower and unequal household consumption growth makes sloth the rate of poverty reduction. Average annual consumption fell from 1.8% to 1.4% from 2010 to 2016 and poorer households experienced slower consumption growth compared to richer households (Chowdhury & Hossain, 2019). Islam (1970) assessed long term relationship between inequality and growth in Bangladesh with a methodology of Kuznets pattern inverted U hypothesis first introduced by Simon Kuznets since 1955.…”

Section: Literature Reviewmentioning

confidence: 99%

Impact of Poverty and Inequality on Economic Growth of Bangladesh

2021

JESD

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The radiation of poverty in Bangladesh is one of the highest in the world and millions of people suffer from the anguish of poverty. The country's poverty rose to 29.5 percent as of June, 2020 due to Covid-19, which was 20.5 percent in the last fiscal year 2019. Moreover, inequality make bad the persistence of poverty. This study attempts to focus on the poverty trends, economic growth and inequality in Bangladesh. Poverty is a multi-faced problem in the developing world and it is much more complex in rural setting. This study is also focused on to decompose inequality and poverty by rural, urban and national level household. The study is based on the analysis of secondary data which have been collected from different sources. The incidence of poverty has decreased to 20.5 percent from 31.5 percent in 2010. From the study, it is evident that, the incidence of poverty is higher in rural areas than that of the urban areas. This study tries to find the relationship among poverty inequality and growth. This study analysis GINI Index for income, Gini coefficient of per capita income of different survey years. The analysis shows a clear picture of the trend of poverty and inequality in Bangladesh. Using the Household Income and Expenditure survey of different years. This study attempt to figure out the relationship between inequality and per capita income. This study focusses on some problems of poverty and inequality and also mention some policy to eradicate of poverty and inequality.

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“…Educational inequality was positively related to the causes of poverty (Mesa 2007). Other the studies also concluded that higher level of poverty led to lower level of human development (Syofya 2018) and increased children enrollment at school (Chowdhury & Hossain, 2018). Other empirical evidence showed that there were several factors to affect the higher educational completion These factors include the condition of household structure and economic limitations (poor), thus inhibiting the decrease in educational inequality (Arshed 2020).…”

Section: Introductionmentioning

confidence: 99%

Measuring the Inequality in Education: Educational Kuznets Curve

2020

JEM

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This study aims to measure the inequality of education. The study examines the pattern in the educational Lorenz curve as a way to investigate the impact of education experience, per capita income, and poverty on educational inequality. Using Banten Province secondary data series over 1996 -2016, the unbalanced panel unit root were tested for the educational Kuznets curve. The regression results shows that the educational Kuznets curve does not exist. While we found that the educational experience reduce the educational inequality, the per capita income and poverty were not significant.

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Poverty, Income Inequality and Growth in Bangladesh: Revisited Karl-Marx

Cited by 7 publications

References 0 publications

Impact of Renewable Energy on Carbon Dioxide Emission Reduction in Bangladesh

Impact of Renewable Energy on Carbon Dioxide Emission Reduction in Bangladesh

Impact of Poverty and Inequality on Economic Growth of Bangladesh

Measuring the Inequality in Education: Educational Kuznets Curve

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