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Bangladesh's development model matches that of stages in South Korea, China: WSJ

Bangladesh’s development model matches that of stages in South Korea, China: WSJ
Is taka depreciation good for economy or bad? File Photo: Reuters
Star Digital Report
Star Digital Report
Bangladesh is becoming South Asia s economic bull case , reported Wall Street Journal on March 3. WSJ s Hong Kong-based reporter Mike Bird claimed Bangladesh is notable in South Asia for being the closest proxy for the successful development models seen at various stages in South Korea, China, and Vietnam.
Bangladesh provides the world with another example that export-led development has the best modern-day track record of moving countries from very low-income levels into middle-income status, the report said. ....

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Bangladesh Is Becoming South Asia's Economic Bull Case-539281

Bangladesh Is Becoming South Asia’s Economic Bull Case
Sun Online Desk
4th March, 2021 02:35:17
Bangladesh achieved an economic landmark last week, when the United Nations’ Committee for Development Policy recommended that the country graduate from the least-developed-country categorization that it has held for most of the 50 years since it became independent.
Bangladesh is notable in South Asia for being the closest proxy for the successful development models seen at various stages in South Korea, China and Vietnam. Export-led development has the best modern track record of moving countries from very low income levels into middle-income status.
Bangladesh’s exports have risen by around 80% in dollar terms in the past decade, driven by the booming garment industry, while India and Pakistan’s exports have actually declined marginally. ....

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India praises Hasina's statesmanship, Bangladesh's "miraculous" progress-539316

Delhi for involving Tokyo in connectivity projects
Diplomatic Correspondent
4th March, 2021 08:17:11
In a major breakthrough, India on Thursday said it has picked “connectivity” with Bangladesh as a big goal for the years to come that might change the entire logistics and whole geo-economics of the region giving the Bay of Bengal a very different look.
Connectivity between the two countries can change the face of the region. Connectivity is productivity, said Indian External Affairs Minister S Jaishankar adding that India is keen to take as its major focus the India-Bangladesh connectivity issue for next 20 years to change the region’s geo-economic scenario. ....

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