Bangladesh has enjoyed strong growth since the early 1990s despite weak governance. It could join the ranks of middle-income countries (MICs) within a decade (by 2016) or soon after. This will require increasing and sustaining the GDP growth to 7.5%. However, in order to sustain this high growth, Bangladesh needs to diversify the economy and improve the environment for foreign direct investment.
While the existing governance structure may have been adequate in the past, it is increasingly proving to be a barrier for the higher growth needed to transform Bangladesh.
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Resources
- World Bank Program: Website maintained by the World Bank Office in Dhaka, a launching pad to all information on World Bank activities in the country (strategy, projects, publications, etc.)
- Dhaka: Improving Living Conditions for the Urban Poor: Dhaka is the fastest growing mega-city in the world. Annually, the city draws an estimated 300,000 to 400,000 mostly poor migrants who provide critical employment for the city’s industries and services. Slideshow on Dhaka's Urban Poor
- Development Data on Bangladesh: A wide range of social and economic measures on Bangladesh, including links to the World Bank's most important online development databases.
- Analysis and Research on Bangladesh: Compilation of all the World Bank's publications on Bangladesh, with 'search' options and links to analysis and research on other South Asian countries.
- World Bank Program in South Asia: Launching pad to all information on World Bank activities in Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka.