This regime of high growth meant that Bangladesh experienced a steep decline in both moderate and extreme poverty between 2010 and 2016. In other words, Bangladesh experienced what could be called “development with a human face.”So, what allowed this pro-poor economic transformation? Quite a number of factors played a dominant role in facilitating the economic transformation which we witnessed between 2009 and 2020. ConclusionThere is rarely any debate that Bangladesh has attained noteworthy pro-poor economic transformation over the last decade and has falsified the pessimists who ruled us out with their analytical calculus. Thus, whether we can collectively take forward the Bangladesh story from here on fundamentally depends on whether our policy-makers can harness the commitments necessary for tough policy alterations and institutional reforms with a strong sense of urgency.

Source: Dhaka Tribune March 18, 2020 12:45 UTC