Seminar on "Estimating Potential Growth for Bangladesh: A Production Function Approach" held
Bangladesh Institute of Development Studies (BIDS) organized a seminar titled "Estimating Potential Growth for Bangladesh: A Production Function Approach", on 9 August 2017 at the BIDS seminar room. The seminar was chaired by the Director General of BIDS, Dr. K.A.S Murshid, with the presentation being done by Dr. Biru Paksha Paul (Visiting Fellow, BIDS) and Rizwana Islam (Research Associate, BIDS). Dr. Paul showed that Bangladesh’s potential growth has remained close to 8 percent which is higher than the current actual growth. Economic reforms and liberalization have boasted potential growth since the mid-1990s. However, potential growth shows a decelerating trend since the early 2010s. The authors suggested further enhancement of labour quality of capital efficiency to make potential growth move upward. Researchers from BIDS, Bangladesh Bank, Bangladesh Bureau of Statistics and private agencies attended the seminar.