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• W2770645843 abstract "This chapter reviews structural transformation and its consequences for the welfare of rural households in Bangladesh. We argue that public investment in road, electricity, and financial institutions triggers structural transformation, which increases and diversifies rural income, raises consumption expenditure, reduces poverty, and increases educational achievements. Data analysis suggests that household income goes up by 10% and consumption expenditure by 4.7%, as a result of an increase of one microfinance institution (MFI) branch in a village. Grid connectivity and road investment also increase income and expenditure, and lower poverty. Analysis also shows that income increases more for non-farm sources than for farm sources as a result of infrastructural investment. These developments point to a structural transformation at play in rural Bangladesh." @default.
• W2770645843 created "2017-12-04" @default.
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• W2770645843 date "2017-11-24" @default.
• W2770645843 modified "2023-10-16" @default.
• W2770645843 title "Bangladesh’s Structural Transformation: The Role of Infrastructure" @default.
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• W2770645843 doi "https://doi.org/10.1007/978-3-319-63838-6_4" @default.
• W2770645843 hasPublicationYear "2017" @default.
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