For Sustainable Economic Development of Bangladesh
4 Pages Posted: 14 Nov 2016
Date Written: November 3, 2016
Government of Bangladesh have already initiated few industry friendly policies and support through the SME Foundation, Bangladesh Bank, EPB, BSCIC, BITAC, BCSIR, BEPZA, SEZ authority, Ministry of Commerce, Ministry of Industries, finally NCID etc. institutions. Bangladesh is getting dividend of their activities by this time. As a result Bangladesh economy is growing steadily even during the global financial crisis in recent past. But Bangladesh is one of the lowest performing countries in the doing business index till now. According to a recent report Bangladesh positioned 176 out of 190 countries. Bangladesh performed most miserable at registering property (185th), resolving insolvency (151st), starting business (122nd), and paying taxes (151st) etc. indicators. All of these indicators are controllable by good governance. If there is a political commitment of the government that they will not be involved in corruption and will not allow bureaucrats to be corrupted then these problems will be solved automatically.
Keywords: Economic Development of Bangladesh, Sustainable Development, Sustainability of Development
JEL Classification: O11
Suggested Citation: Suggested Citation