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Administration

jessicafairchild

Development Issues: Experience from an Administrative Unit of Bangladesh

Mustafa Murshed*

You are hearing from Bangladesh, a ‘development surprise’ in recent times for the rest of the world due to its cumulative success on socio-economic advancement. The Economist published an editorial on November 3, 2012, about Bangladesh titled ‘out of the basket’. The Guardian addressed it as a ‘new wave economics’. According to the Guardian on December 18, 2012, the economy of Bangladesh is expected to overtake western countries by 2050. The Goldman Sachs highlighted Bangladesh as one of the ‘Next 11’ emerging economies. According to PricewaterhouseCoopers, Bangladesh will become the 23rd largest economy in the world by 2050 (Bangladesh ranks 34th now).