Bangladesh

Bangladesh heads towards the summit

Bangladesh has been on a steady journey towards greater affluence and economic growth, but must maintain its progress to achieve the potential of a “Next 11” country.

Bangladesh is a special case. The South Asian country, with a population of 160 million, has maintained consistent 6% growth during the past decade despite the global financial crisis, numerous political upheavals and several man-made or natural disasters. Rather than a wretched basket case that keeps aid agencies employed, Bangladesh is increasingly attracting the attention of international investors and foreign companies.

Indeed, in 2005 Jim O’Neill, former chairman of Goldman Sachs Asset Management and chief economist at Goldman Sachs, included Bangladesh among the “Next 11” countries set to follow the Bric nations to become some of the biggest economies in the world.

“More than anything, Bangladesh’s...

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