Bangladesh’s Development: Achievements and Challenges

This chapter analyses the major development achievements of the Bangladeshi economy until today and seeks to identify the major challenges it will have to address in the future. Whether these challenges can be overcome, and which reforms can be undertaken for this to happen, depends in turn on the institutional context of the country. Focusing exclusively on economic and social issues, this chapter first analyses the sources of growth and possible limitations of the present development regime. It then evaluates the financing constraints faced by the economy in general, and by the public sector in particular. It also focuses on sources of concern in social and environmental areas and economic crisis related to COVID-19.