Bangladesh firmly on the path of development: Ranks 35th in the global economy

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Published on March 24, 2021
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As Bangladesh celebrates 50 years of its independence, the nation, born in violence after the 1971 Liberation War in opposition to Pakistan, is quickly shifting forward on the path of development from its preliminary excessive poverty.

Olivier Guillard for the Asialyst writes that at current, Dhaka ranks forward of Islamabad in phrases of development. The nation shows steady civilian authorities, not like recurrent army coups in Pakistan and has benefited from good relations with India, its massive neighbour.

On March 9, Prime Minister Narendra Modi and his Bangladeshi counterpart Sheikh Hasina inaugurated the Friendship Bridge, a 2 km-long interstate construction linking Bangladesh and Tripura. It will partially open up the North-East of India by opening a highway in direction of Chittagong.

Hasina has on quite a few events recalled how a lot of Indian help had been essential n the realisation of the want for the independence of the individuals. Since the institution of India’s exterior doctrine ‘neighbourhood first’, each international locations have intensified their bilateral relationship beneath the management of the similar two heads of authorities – a rarity in the regional panorama.

PM Modi is ready to go to Bangladesh on March 26 to attend the fiftieth anniversary of the independence of its jap neighbour, which is able to additional strengthen the historic ties connecting India and Bangladesh.

Guillard additional writes that New Delhi has made vital efforts to strengthen relations with Bangladesh, one notable instance of which is the entry into service at the finish of 2020 of a fifth cross-border rail line.

Meanwhile, governance in Bangladesh has basically been civil as in comparison with recurrent army coups in Pakistan. Unlike Pakistan and its conflicts with India between 1947 and 1999, Bangladesh has not been confronted with the ache of struggle since its secession in 1971, in keeping with Asialyst.

The nation ranks thirty-fifth in the international economic system, as in comparison with Pakistan in forty-third place, whereas in phrases of human development, the former nation is ranked 133rd out of 189 international locations in the United Nations Development Program’s (UNDP) 2020 report, higher than Pakistan in 154th place.

Citing a number one columnist of a serious Pakistani day by day, Guillard wrote that the annual earnings per capita for a Bangladeshi citizen is over USD 2,000 as in comparison with USD 1,130 for his Pakistani counterpart, whereas access to primary school is 98 per cent in Bangladesh and 72 per cent in Pakistan.

Furthermore, the stage of toddler mortality in Bangladesh is 25 per 1,000, whereas in Pakistan it’s 59 per 1,000.

Source: ANI