Policy proposals on digital solutions for the Government of Bangladesh, stemming from research by the BRAC Institute of Governance and Development (BIGD), ranked in the top five on a list of recommended priorities for investment that could greatly benefit the country.
A five-member panel of Nobel laureate economists and Bangladeshi economic experts announced the list in the final session of the Smarter Solutions for Bangladesh Conference on May 12, 2016, the capstone event for the Bangladesh Priorities initiative, co-led by the Copenhagen Consensus Centre and BRAC’s Research and Evaluation Division.
In second place was a policy proposal on digital procurement. This research by Dr. Wahid Abdallah, Research Fellow at BIGD and Assistant Professor at BRAC University, proposes that Bangladesh’s public procurement can be made more efficient, timely, and cost-effective through e-procurement (read more).
Research by Sultan Hafeez Rahman and Sumaiya Kabir Talukder, Executive Director and Research Assistant at BIGD respectively found that creating electronic land records would save time and money, while also making information easy to acquire (read more). Their policy proposal ranks fourth on the priority list.
Amongst the 72 policy priorities, the above research proposals from BIGD were found to have the highest cost-benefit ratio, with $663 in benefits for every $1 spent on e-procurement and $619 for every $1 spent on electronic land records. Read more in a recent article published in The Economist.
BIGD is one of 43 think tanks supported by the Think Tank Initiative (TTI). It is a resource centre for promoting research and creating knowledge in areas of governance, economic growth, political economy, urbanisation, gender issues, sustainable development, and regional studies. Visit the BRAC website to learn more.