Bangladesh is conflicted by internal rifts. Still, being more multicultural and liberal, its civil society and activist intelligentsia have stopped armed groups from grabbing the reins of power.
Source/Credit: Daily Dawn - Pakistan
By Dr Pervez Hoodbhoy | February 9, 2019
Eschewing militarism in favour of human development, Bangladesh set its initial priorities correctly.
BANGLADESH is not some Scandinavian heaven. It is poor and overpopulated, undereducated and corrupt, frequented by natural catastrophes, experiences occasional terrorism, and the farcical nature of its democracy was exposed in the December 2018 elections. But the earlier caricature of a country on life support disappeared years ago. Today, some economists say it shall be the next Asian tiger. Its growth rate last year (7.8 per cent) put it at par with India (8.0pc) and well above Pakistan (5.8pc). The debt per capita for Bangladesh ($434) is less than half that for Pakistan ($974), and its foreign exchange reserves ($32 billion) are four times Pakistan’s ($8bn).
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