It is not often that Bangladesh is mentioned in international media. If there is news about the country, it is usually about a political crisis, natural disasters, or spectacular accidents.
This is unfortunate since Bangladesh has enjoyed steady and strong economic growth in recent decades which has benefited a large proportion of the country’s 165 million inhabitants. Within a few years, Bangladesh is expected to become a middle-income country.
When Bangladesh became independent from Pakistan in 1971, it was one of the poorest countries in the world. What are the reasons for the strong economic growth that has benefited broad strata of the population?