Bangladesh at 40 Looking Back and Moving Forward

Author: 
Professor Rehman Sobhan
JEL codes: 
Abstract: 
Over the last year we have been commemorating the 40th year of Bangladesh’s independence. In these 40 years Bangladesh has registered many gains for which we should feel proud. We have established a globally competitive garment industry moved ahead of India in particular areas of human development and gender parity, extended micro-credit to 25 million women and drastically reduced aid dependence through an explosive growth in remittances by our hard working migrants. We have furthermore held four reasonably free and fair elections where incumbent regimes have been replaced by opposition parties through the ballot box. These are not inconsiderable achievements for a country once written off as a basket cast.