managing
Radwan Mujib stresses on managing changes emanating from economic growth
As Bangladesh enters the new phase of its development, it must deal with the twin challenges of sustaining economic growth and managing the changes that come with it, said CRI Trustee Radwan Mujib.
In the editorial note of WhiteBoard, the first policy-based magazine in the country, Editor-in-chief Radwan Mujib reflected on the economic structural transformation Bangladesh is undergoing and how the country can better cope with it.
"Bangladesh is one of the emerging Asian countries experiencing economic structural transformation. Industrialisation and urbanisation are core to this process. To avoid growing pains, policymakers must act fast and decisively to make sure an environment exists in which cities and commerce can flourish," Radwan, a strategy consultant and youth advocate, observed in his article titled 'Let’s use the springboard we have created'.
A young, tech-savvy population, with higher levels of education than the previous generations is entering the workforce.
READ: Next generation has to be better than last: Radwan Mujib
The country’s ready-made garments sector is a world leader, and there are signs that other industries are ready to follow suit. Infrastructure mega-projects are removing bottlenecks for economic transformation.
The country is ready for take-off – but how can policymakers ensure it has a secure launching pad is what Radwan Mujib stressed on.
In the eighth issue of the quarterly WhiteBoard, some crucial issues regarding the country's economic transformation and policymaking were highlighted.
Drawing on his decades-long experience of macroeconomic policymaking in Asia, Gustav Papanek remarked that diversification in manufacturing is a must. In his interview, he outlines how industry-focused job creation can lead to poverty elimination in populous countries like Bangladesh.
2 years ago