Abstract
The indispensable role of energy , a global commodity, in shaping the world economy has also been widely acknowledged. Energy enhances the productivity of other non-energy factors of production and also contributes towards improvement in the living standard of the people , apart from playing its ultimate role in dictating the development process within an economy . It is a prime task for a growing economy like Bangladesh to tap all possible options that are optimal for its energy sector ‘s development and to do so; the economic policies have to be focused explicitly on accurate identification of the appropriate reform strategies to maximise the benefits from energy sector development . The development of power and energy sector will not only elevate the economy to a higher status but also upsurge productivity and efficiency that will boost the overall economic achievement of Bangladesh .
This chapter is prepared from the doctoral thesis of Sakib Bin Amin and his class lectures on Energy Economics and Policy at North South University, Bangladesh.
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Amin, S.B., Rahman, S. (2019). Energy: The Lifeblood of Bangladesh Economy. In: Energy Resources in Bangladesh. Springer, Cham. https://doi.org/10.1007/978-3-030-02919-7_1
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