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

TL;DR

This paper examines the dynamics of poverty, income inequality, and economic growth in Bangladesh from 2000 to 2016, highlighting significant poverty reduction initially, followed by a slowdown due to unequal consumption growth.

Contribution

It provides an updated analysis of poverty trends in Bangladesh, emphasizing the impact of consumption inequality on poverty reduction rates.

Findings

Poverty decreased by over 100% from 2000 to 2016.

Poverty reduction has slowed since 2010.

Poorer households experienced slower consumption growth than richer households.

Abstract

This study tries to find the relationship among poverty inequality and growth. The major finding of this study is poverty has reduced significantly from 2000 to 2016, which is more than 100 percent but in recent time poverty reduction has slowed down. Slower and unequal household consumption growth makes sloth the rate of poverty reduction. Average annual consumption fell from 1.8 percent to 1.4 percent from 2010 to 2016 and poorer households experienced slower consumption growth compared to richer households.