Bring budgets center-stage to achieve green growth in Bangladesh

Bangladesh has sustained a GDP growth rate of over 6 percent for more than decade. The impending graduation out of the Least Developed Countries category is a remarkable achievement for the country of 160 million people, only in its fifth decade as an independent nation. This growth trajectory has brought in its wake several key …

Advertisements

Democratic decentralisation depends on a vibrant ‘gram sabha’

Decentralisation is a strategy to empower citizens to control their own destinies. At its core, decentralisation signals that citizen collectives can come together to make decisions of allocation and expenditure of public resources. ‘Democratic decentralisation’ as practised in India is where this power is devolved to elected local governments – this was the spirit of …

It’s time to improve the ‘Value for Money’ toolkit, and not junk it

The ‘results agenda’ of donor agencies have inspired several heated debates. Value for money is one of the main tools that helps further this agenda. There is significant pressure on donor development agencies to ‘demonstrate’ what they have achieved (results), and further, examine whether these results have been achieved in a cost-effective manner ('value for …

Green finance in Bangladesh needs a long-term perspective

Over the last decade, Bangladesh has sustained an impressive growth trajectory. Notably, this growth has kept pace in spite of significant challenges – scarce natural resources, environmental degradation, population pressure, widening economic inequality, climate-related vulnerabilities, to name a few. This has, in turn, put pressure on policymakers to rethink growth strategies to ensure that growth …