Miracle development in Bangladesh: JICA
In a recent published book Bangladesh’s progress was termed as ‘Miracle’ development. The book was published following a research conducted by Japan International Cooperation Agency (JICA).
In the book it was said, though there are many limitations but the development that happened in economic and social sector that is a ‘miracle event’. The term was given in the book titled ‘Economic and Social Development of Bangladesh Miracles and Challenges’
The book was uncovered at a program arranged at Bangladesh Institute of Development Studies (BIDS) in the capital on Tuesday.
Earlier, JICA conducted a three years long research titled ‘Empirical Studies on Risk and Poverty in Bangladesh’. The gist was upheld in the book ‘Economic and Social Development of Bangladesh Miracles and Challenges’.
In the book Director General of Asian Development Bank and Chief Economist Dr. Yasuyuki Sawada and BIDS Senior Research Fellow Dr. Minhaz Mahmud said, we tried to say in the book that there is a miracle happened in the economic and social development of Bangladesh. Because there are different untoward situation, weak good governance, political instability, discrimination, risk of rapid urbanization and risks of severe natural calamities but Bangladesh has performed mentionable development. Through our research we showed which specific matters played role for economic development of Bangladesh.
World Bank Dhaka office Chief Economist Dr. Zahid Hossain said, Bangladesh’s development and attainment are more than the expectation. Now Bangladesh needs to see this in different angle. Because, China and Vietnam were in the same economic position like Bangladesh. Now they are well ahead of Bangladesh. Bangladesh needs to see those aspects how China and Vietnam marched forward.
The program was presided over by BIDS Director General Dr. KAS Murshid where former caretaker government advisor and eminent economist Professor Wahid Uddin Mahmud was present as the special guest.
AH
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