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Resilience and Renewal: Tracing Bangladesh's Path from Adversity to Economic Emergence

Alam, Mahim and Kabir, Janesar and Rajia, Sultana and Sen, Topon (2024): Resilience and Renewal: Tracing Bangladesh's Path from Adversity to Economic Emergence.

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Abstract

This paper conducts an in-depth analysis of the various economic and social determinants that have shaped Bangladesh's developmental journey. It traces the country's evolution, from its pre-independence struggles to its post-independence recovery, resilience, and eventual emergence as a development success story. The study investigates Bangladesh’s transformation from a war-torn, least-developed country into a rapidly growing middle-income economy, emphasizing key elements such as the macroeconomic policy framework, trade and investment environment, agricultural technology adoption, and remittance inflows. The paper also examines demographic shifts, education, healthcare, gender dynamics, and urbanization's effects on social transformation. Additionally, the study highlights ongoing challenges, including poverty, inequality, environmental sustainability, and governance, alongside the need for technological innovation. Through this comprehensive exploration, the paper aims to identify the policies that facilitated Bangladesh's past growth and those necessary to sustain and enhance future progress.

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