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looking beyond borders

foreign policy and global economy

How Sheikh Hasina Used Realpolitik, Textbook Governance To Consolidate Her Power

Over the last decade, Bangladesh’s growth rate has gone up from around 5 per cent in 2008 to 7.86 per cent in 2017-18, with key sectors such as agriculture, manufacturing and services growing alongside. During this period, foreign exchange reserves increased five times and both investment and savings enhanced to over 30 per cent of the GDP. Per capita income has risen nearly threefold since 2009, reaching $1,750 this year, and the number of people living in extreme poverty — classified as under $1.25 per day — has shrunk from about 19 per cent of the population to less than 9 per cent over the same period, according to the World Bank.

Read Here – The Indian Express

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