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From Stagnation to Resilience: An In-Depth Analysis of Economic and Social Drivers in Bangladesh’s Development Journey

Rahman, Morshed and Sen, Topon and Momtaz, Maliha and Barua, Bijori (2025): From Stagnation to Resilience: An In-Depth Analysis of Economic and Social Drivers in Bangladesh’s Development Journey.

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Abstract

This paper provides a comprehensive analysis of the various economic and social factors that have shaped Bangladesh’s development, tracing its evolution from pre-independence stagnation and post-war recovery to its emergence as a resilient and increasingly prosperous nation in South Asia. The country’s transformation from a conflict-affected, least-developed economy to achieving upper-middle-income status offers a compelling case study in development. The research examines critical elements such as macroeconomic policies, trade and investment frameworks, advancements in agricultural technology, and the role of remittance inflows. On the social front, it evaluates demographic shifts, education, healthcare, gender dynamics, and the impacts of rapid urbanization. Additionally, the paper highlights persistent challenges, including poverty, inequality, environmental concerns, and governance issues, while underscoring the significance of technological innovation. By analyzing these key factors, the study illuminates the policies that have propelled Bangladesh’s economic growth and identifies strategies to ensure its continued and sustainable development.

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