Smarter Solutions for Bangladesh
There are nearly as many different opinions about what Bangladesh should focus on to achieve middle-income status as there are Bangladeshis. For some, education is paramount – but does that mean first focusing on getting more people into tertiary education, or improving early childhood access? For others, the place to start is poverty reduction: again, there are a myriad of different ways to tackle this challenge. Some believe that institutions need to be built before anything else can happen, and for others it is a question of solving social ills first.
To inform this discussion, my think tank, the Copenhagen Consensus Center, has partnered with BRAC on Bangladesh Priorities, a research project that sets out to discover which investments would do the most social, environmental and economic good for Bangladesh for every taka spent. By focusing on where we can achieve the most benefits, we can help decision makers with the difficult task of priority-setting. Of course, cost-benefit analysis is not the only thing they should pay attention to – but it is a vital input.
Copenhagen Consensus has carried out similar projects looking at global development priorities as well as regional spending choices, and this work – performed by some of the world's top economists, including Nobel laureates – has been used to inform the choices of UN agencies, philanthropic organisations, and national governments.
To embark on Bangladesh Priorities, we first convened and interviewed hundreds of sector experts in a series of roundtable events, to find a wide range of views about what Bangladesh should do to move forward. Encouragingly, there was a lot of enthusiasm for the idea of cost-benefit analysis as a way to set priorities.
Barrister Manzoor Hasan, for example, Executive Director of the South Asian Institute of Advanced Legal and Human Rights Studies (SAILS), stated that “the Bangladesh Priorities outcome could carry high value to the development partners such as World Bank, DFID or UNDP and also for policymakers in making prudent public expenditure decisions.”
Now, with the research for this project underway, we are sharing some of these leading minds' views on priorities with you – and inviting you to join the conversation. On Copenhagen Consensus Center’s Facebook page, we have created a forum for you to share your thoughts about the top investments needed for Bangladesh.
Education quality is a top priority for several of those that we spoke to, including Nazrul Islam, Secretary (Coordination and Reforms) Cabinet Division. He prioritised ICT skills development. Computer skills are clearly necessary in today's global economy, to compete as well as to modernise service delivery.
But Dr. Abbas Bhuiya, Deputy Executive Director of Iccdr,b, suggested he would first focus on improving access for pre-school children to modern early child development programmes, while Janina Jaruzelski, Mission Director for USAID, suggested that increasing school hours may be a simple solution to ensuring kids learn more.
Dr. Sadiq Ahmed, economist and Vice Chairman of Policy Research Institute (PRI) took a different tack. His three immediate investment priorities are in the areas of: power and energy sector, transport, and, rural development through increased clean water supply.
Lawyer and Executive Director of BLAST, Sara Hossain, highlighted the country's challenge of domestic violence, noting that very few women who experience abuse seek legal recourse. Ms Hossain suggested interventions to improve access to justice, such as creating more crisis centres where women could seek legal, rehabilitation and health services, and running awareness programs.
Through the Centre for Research and Information's (CRI) 'Policy Cafes', we were able to hear the voice of youth. Young people's priorities included community development, mental disability, youth engagement and ICT.
But we also want to hear from you. If you were given the chance to make a policy change that could help develop this country, what would be your top choice? More health spending? And what kind? Training? Help for the poor? Policies to make it easier for small or large businesses? Or something else altogether? Go to the Copenhagen Consensus Center’s Facebook Forum and have your say on what top priorities you think would most help Bangladesh.
This article was originally published by The Daily Star
TSM & CSO @ Microsoft ??
8 年Fantastic endeavor, I hope you succeed! It is a fantastic country with great opportunity. Let me know if I can be of any help, most of my family is still in Bangladesh.
电气电子机械
8 年嗯
Blended finance, impact investment, climate finance at Australian Department of Foreign Affairs and Trade
8 年It would be encouraging to see policy priorities developed from the bottom-up rather than from the top-down. Intuitively it is clear that in a diverse country such as Bangladesh, the priorities of one locality will be vastly different to that of a community on the other side of the country – geography, institutions, environmental endowments and level of human capital all vary spatially. Given Bangladesh is a highly centralised nation, strengthening local governments would be a promising start to tailoring priorities based on localities’ needs.
Managing Director Fellow of the Australian Evaluation Society
8 年I would prefer to see more emphasis on undertaking a systematic diagnostic assessment of the constraints to growth and economic participation rather simply summarising the 'views of experts".