Abstract
This chapter strings together the major conclusions of the study. It also provides some observations on political, social, and institutional challenges for the country going forward. These relate to such factors as governance, political institutions, economic openness, industrial policy, labor market and human development policy, investments in physical infrastructure, and the role of leadership.
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Notes
- 1.
The current international environment is in a tumultuous state. It is fraught with many challenges relating to rising trade frictions between nations; weakening of the multilateral institutions regulating global trade; increasing geopolitical conflicts, leading to a rising volume of displaced persons seeking asylum; and growing volatility in oil prices.
- 2.
However, we desist from making any attempt at providing detailed blueprints of such institutions and policies. While those blueprints are instructive, they cannot be cherry-picked and transplanted verbatim in other contexts. In addition, part of the process involves adaptation, sequencing, and pragmatism, what President Deng Xiaoping famously summarized as “crossing the river by feeling the stones”.
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Quibria, M.G. (2019). Conclusions. In: Bangladesh's Road to Long-term Economic Prosperity. Palgrave Pivot, Cham. https://doi.org/10.1007/978-3-030-11587-6_5
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DOI: https://doi.org/10.1007/978-3-030-11587-6_5
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