Development of Bangladesh conventional, not surprise

Experts have attributed Bangladesh’s economic developments to a coordination between collective and individual initiatives, as well as a symbiotic relationship between the government and the market. However, they warn of upcoming challenges, including the loss of trade privileges after graduating from the LDC group in 2026. Concerns were raised about a shift from an inclusive to an exclusionary development paradigm, and the need for institutional reforms to address issues like corruption and revenue collection capacity. Experts emphasize that the country’s past successes may not guarantee future progress. (photo/prothom alo)