This study is an attempt to present a brief picture of the economic and political context of Bangladesh and explore what the determinants are that have paved its way from 1971 up to date. Following the liberation, Bangladesh confronted critical issues like restore of political order, economic dependency and social rehabilitation. The country has made significant progress in agriculture, industry and service over the years, and its ready-made garment (RMG) industry is the world’s second largest exporter of clothing, behind China. Political stability, especially since 2009 when an Awami League government restored order after two years of violent unrest, has driven long-term infrastructure and development projects. Yet this era of hegemony has been accompanied by a decline in political competition and institutional deficiencies. The analysis demonstrates the relationship between governance quality, economic performance and political control, as such deficient public administration (corruption, bureaucratic waste) and centralized decision-making continue to influence policy implementation. It also considers the contribution of international organizations such as the IMF, World Bank and UNDP to aid and reform programmed that have boosted Bangladesh’s recovery and growth. Poverty, income inequality and climate change are still challenges despite remarkable advances in economic growth and human development indicators. The paper concludes that though the economic growth in Bangladesh has been praiseworthy, however sustainable and inclusive growth will require political reform, institutional capacity building, and well-formulated environmental policy.
A Mon, study studied this question.