Key Economic and Social Determinants in Bangladesh: A Multi-Faceted Analysis

Topon Sen

MPRA Paper from University Library of Munich, Germany

Abstract: In this paper, the various economic and social factors that have characterized the development history of Bangladesh are analyzed to provide an understanding of the backward, the post-independence period, resilience, and success story of this South Asian country. The social, political, and economic evolution of the Bangladesh economy from a least developing nation affected by a devastating war to a higher middle-development economy is one of the stunning success stories in the development economics discipline. Macroeconomic policy environment, trade and investment climate, technology adoption in agriculture, and flows of remittances are among the factors include in the analysis. On the social aspect it focuses on demography, education, health, gender agenda, and the effects of increase in urbanization. Further, the paper covers the perpetual issues of poverty, inequality, environmental issues, and governance as well as the necessity for technology advancement. But in this way, the paper carries out a detailed analysis of these determinants to give an understanding of the policies that have enhanced the growth of Bangladesh in the past and the policies which are needed the sustain and further enhance the growth in the future.

Keywords: Bangladesh; Economic; Factors; Social; Factors; Development; History (search for similar items in EconPapers)
JEL-codes: E00 F1 F10 G10 N1 (search for similar items in EconPapers)
Date: 2024
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