Seven Economic Growth Phases: 1959–1999

2002 ◽  
pp. 83-126
Author(s):  
Mirza Hassan ◽  
Selim Raihan

This chapter shows how elite political settlements over time have influenced economic growth in Bangladesh. More concretely, the chapter focuses on the analysis of economic, institutional, and political economy conditions behind structural breaks in economic growth, phases of growth acceleration, and transitions in growth regimes in Bangladesh. This involves analysis of the pattern of structural change in the economy, mapping of the rent generation and rent allocations process in different sectors, discussions on the institutional space (i.e. delineation of the nature of formal and informal institutions that tend to affect a firm’s behaviour), and analysis of the deals environment of the business. The chapter also explores the incentives and ideology/vision of the political, state, and economic elites, the nature of state–business relations, and the influence of de facto growth coalitions to explain the dynamics of current trends and future prospects for growth in Bangladesh.


2021 ◽  
Author(s):  
THEODORE MODIS

There are different behaviors appropriate to the different phases of growth. This has been observed among species in nature as they go through the four seasons, but also among humans in society as different economic-growth phases succeed one another. Typically, difficult times stimulate entrepreneurship whereas prosperity nurtures conservatism. Less obviously, preoccupation with the "what" characterizes formative times whereas preoccupation with the "how" characterizes periods of maturity. A multitude of different behaviors can be mapped on the four phases of any growth cycle. On a larger scale, and to the extent that society is anthropomorphic, society as a whole goes through different behaviors while experiencing transitionsbetween cyclical phases of growth. Given a growth phase we can expect specific behaviors, and inversely, given a specific behavior we can deduce the growth phase being traversed. It follows that WWII may have been survival-driven whereas WWI greed-driven.


2014 ◽  
Vol 10 (4) ◽  
pp. 297-306
Author(s):  
Md. Samsur Jaman

 ABSTRACT:This paper adopts a recent development in the estimation and testing of multiple structural breaks in linear growth model to identify the phases of economic growth in Mizoram since 1980. Breakdates and growth rates of different phases are estimated using the recent developed methodology of Bai and Perron(2003). It is evident from the estimation that most of the breakdates lie mainly in 1984-85, 1992-93, and 1998-99. From the estimation, it is further noticed that GSDP (Gross State Domestic Product) of Mizoram has two breakdates 1984-85 and 1990-91. Corresponding to these breakdates there are three different growth phases are also noticed. During 1980/81-1984/85, the first phase of growth, the economy grows at 11.7% which is declining to 6.55% during 1984/85-1990/91, the second phase and slightly increases the annual growth rate to 6.8% during 190/91-2008/09, the third phase.    


2017 ◽  
Vol 48 (1) ◽  
pp. 40-46 ◽  
Author(s):  
Jolanda Jetten ◽  
Rachel Ryan ◽  
Frank Mols

Abstract. What narrative is deemed most compelling to justify anti-immigrant sentiments when a country’s economy is not a cause for concern? We predicted that flourishing economies constrain the viability of realistic threat arguments. We found support for this prediction in an experiment in which participants were asked to take on the role of speechwriter for a leader with an anti-immigrant message (N = 75). As predicted, a greater percentage of realistic threat arguments and fewer symbolic threat arguments were generated in a condition in which the economy was expected to decline than when it was expected to grow or a baseline condition. Perhaps more interesting, in the economic growth condition, the percentage realistic entitlements and symbolic threat arguments generated were higher than when the economy was declining. We conclude that threat narratives to provide a legitimizing discourse for anti-immigrant sentiments are tailored to the economic context.


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