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From Economic Stagnation to Structural Resilience: A Critical Assessment of Bangladesh’s Developmental Trajectory and Underlying Drivers

Sen, Topon and Azam, Munno (2025): From Economic Stagnation to Structural Resilience: A Critical Assessment of Bangladesh’s Developmental Trajectory and Underlying Drivers.

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Abstract

This paper presents a thorough investigation of the economic and social dynamics that have shaped Bangladesh's transition from a pre-independence stagnation and post-conflict economic fragility to its emergence as a resilient and increasingly prosperous South Asian nation. The country’s progression from a war-torn least-developed economy toward potential upper-middle-income status serves as a compelling example of developmental transformation. This analysis focuses on macroeconomic reforms, trade and investment policies, technological innovation in agriculture, and the stabilizing effect of remittance flows. From a socio-economic perspective, it evaluates demographic change, education, health outcomes, gender relations, and the implications of accelerated urbanization. The paper also critically examines enduring challenges—namely poverty, inequality, environmental risks, and governance shortfalls—while emphasizing the importance of technology-driven development. Through this comprehensive assessment, the study highlights the foundational policies that have driven Bangladesh’s economic ascent and offers strategic insights for ensuring its future sustainability.

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