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BANGLADESH
1
IN PERSUASION OF ECONOMIC DEVELOPMENT - OPTIONS FOR
BANGLADESH
“We just have the will and determination. We will not only survive, we will
prosper.”
- S. Dhanabalan
INTRODUCTION
1. Bangladesh with all the potentialities is not prospering like many other
countries liberated during same era. Singapore, a tiny island state, got
independence from Malaysia in 1965 and now is a developed nation. Their
journey from third world to first world was not that smooth. Visionary leadership,
strong determination and instinct for survival had helped in materializing this
dream. Singapore could identify correctly that, economic development is the pivot
of all development activities and is successful in attaining that goal. After more
than three decades, Bangladesh is still struggling as a under developed country.
AIM
3. The aim of this paper is to analyze the common problems faced by both
Bangladesh and Singapore and recommend the options open for Bangladesh.
Visionary Leadership
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took quick and decisive actions to overcome all those difficulties. All political
agendas were directed towards economic development of the nation. Bangladesh
is yet to take adequate measures in this area. A stable political environment,
appropriate national policy and its implementation will provide a strong foundation
for other development activities that a nation require.
5. Nations with strong determination can pursuit its goal provided a visionary
leadership works behind it. In the quotation above S. Dhanabalan, one of the
senior economists of Singapore expressed his nation’s strong will for its
prosperity and survival. Today’s Singapore is the product of that determination.
Government and the people of the country could materialize that. For Bangladesh
such determination is required for the development of the country. A leader with
vision, judicious political judgment and strategy can lead a nation towards
prosperity.
Economic Objectives
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Human Resources Development
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d. For a sustained development Bangladesh needs to ensure political
stability. A stable political platform is prerequisite for economic
development.
CONCLUSION
12. In the development process of a nation political stability plays a vital role.
Barriers toward stability must be identified and appropriate legal steps to be taken
against it. Foreign investment should be encouraged to compensate our limited
resources. Development of human recourses must get the priority to meet the
future demands. Controlling the corruption will also contribute in sustained
economic growth. Implementation of all these will help Bangladesh in stepping
towards a sanguine era.