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Bangladesh's Road to Long-term Economic Prosperity

Risks and Challenges

  • M. G. Quibria
Book

Table of contents

  1. Front Matter
    Pages i-xvii
  2. M. G. Quibria
    Pages 1-14
  3. M. G. Quibria
    Pages 49-86
  4. M. G. Quibria
    Pages 87-115
  5. M. G. Quibria
    Pages 117-125
  6. Back Matter
    Pages 127-130

About this book

Introduction

“A must read for anyone interested in understanding complexities of development process.”
Fakhruddin Ahmed, former Governor of the Central Bank of Bangladesh

“Policy makers and general readers including specialists would find this lucid analysis very useful.”
– Nurul Islam, Deputy Chairman of the First Planning commission of Bangladesh

“The author provides both valuable caution and useful guides to everyone interested in Bangladesh’s economic future.”
– Salim Rashid, Emeritus Professor of Economics, University of Illinois, USA


This book examines the recent emergence of Bangladesh as one of the fastest growing economies in the world. Identified by Goldman Sachs as being on a meteoric economic rise, the country has dwarfed India in social improvement also. Attempting to build on these successes, the Bangladeshi government has set the ambitious aim of attaining the status of fully developed country by 2041. This study identifies the trifecta of major risks which could derail Bangladesh’s upwards trajectory: the rapid development of robotics and artificial development, the uncertain political and economic global landscape, and the constant threat of climate change and natural disasters. In order to stay on track, the government will need to address various social, political, policy  and institutional challenges facing the economy, including poor governance, inadequate physical infrastructure, skill and educational bottlenecks, demographic burden, dwindling social capital and lack of transformational leadership.

Keywords

Bangladesh BRIC economic development social indicators economic growth agricultural economics Arabization nativism industrialization infrastructure governance crony capitalism foreign direct investment fdi ICT

Authors and affiliations

  • M. G. Quibria
    • 1
  1. 1.Department of EconomicsMorgan State UniversityBaltimore, MDUSA

Bibliographic information

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