Options for economic growth in Bangladesh : an application of the Von Neumann model

<p>This study comprises an analysis and a quantification of the growth potential of the Bangladesh economy.</p><p>Questions to be answered in this respect are a.o.:<UL><LI>what is the maximum (balanced) growth rate of the economy;<LI>what does the economy look like at such growth rate;<LI>is it possible to identify specific constraints causing the growth rate to slow down;<LI>how would different assumptions with regard to world-market prices, technologicalprogress and the like affect the economic growth prospects; etc.</UL></p><p>The main analytical tool used in this study is the Von Neumann model of an expanding economy. Although tihs model became the starting point for a great number of publications on economic growth, there is a nearly complete lack of any real world applications. Therefore, the testing and evaluation of the IVon Neumann tool' on its empirical usefulness was the second objective of our study</p>