"In the span of 53 years, Bangladesh has gone from being among the world’s poorest nations, to an economic development miracle."
Interesting article! I would avoid describing such stories as a "miracle". It'd be silly to complain about people working themselves out of poverty, but miracles make it seem like there's no externalities here.
Should we celebrate or worry about people improving their lives thanks to "fast fasion", an industry that is resposible for environment degradation at a monumental scale, and the conentration of the clothing industry in the hands of a few?
Excellent essay Emaan! 👏 Success stories are inspiring and instructive. Bangladesh is a perfect case study. I have friends at the US Agency for Int’l Development (USAID) and at various non-profits focused on child and maternal health programs. Wonderful generous work over the past 50 years with hard data accountability metrics too. Muhammad Yunus is a superstar. So happy to see him go from nearly imprisoned by corrupt politicians to interim President!
An in-depth analysis of the economic trajectory of a country that was previously a part of Pakistan. Nevertheless, it will be intriguing to observe whether BD continues to adhere to this trend in the wake of the recent political changes?
I suspect the story is far more nuanced but thanks for an overview. How do you think the current instability will impact economic growth in BD? Is the current interim govt growth focused which it should be if employment issues were a trigger for protests?
Good commentary, but surely at odds with Bangladesh's learning poverty, currently 58%. Very difficult to develop economy beyond basics with those stats. Post in this month's Re Education has analysis.
"In the span of 53 years, Bangladesh has gone from being among the world’s poorest nations, to an economic development miracle."
Interesting article! I would avoid describing such stories as a "miracle". It'd be silly to complain about people working themselves out of poverty, but miracles make it seem like there's no externalities here.
Should we celebrate or worry about people improving their lives thanks to "fast fasion", an industry that is resposible for environment degradation at a monumental scale, and the conentration of the clothing industry in the hands of a few?
Excellent essay Emaan! 👏 Success stories are inspiring and instructive. Bangladesh is a perfect case study. I have friends at the US Agency for Int’l Development (USAID) and at various non-profits focused on child and maternal health programs. Wonderful generous work over the past 50 years with hard data accountability metrics too. Muhammad Yunus is a superstar. So happy to see him go from nearly imprisoned by corrupt politicians to interim President!
Thank you, Baird! Yes, it is wonderful to see Bangladesh heading in the right direction
An in-depth analysis of the economic trajectory of a country that was previously a part of Pakistan. Nevertheless, it will be intriguing to observe whether BD continues to adhere to this trend in the wake of the recent political changes?
such an interesting read!
Thank you!
I suspect the story is far more nuanced but thanks for an overview. How do you think the current instability will impact economic growth in BD? Is the current interim govt growth focused which it should be if employment issues were a trigger for protests?
Good commentary, but surely at odds with Bangladesh's learning poverty, currently 58%. Very difficult to develop economy beyond basics with those stats. Post in this month's Re Education has analysis.