Development Performance of Bangladesh: Assessing Some Selected Indicators
This paper attempts to assess three major development indicators of Bangladesh, namely: investment, agriculture and foreign aid. Investment is the key to development for it hikes productivity, generates employment and thus raises output of the economy. By contrast, agriculture, marked with low productivity level, is considered a sector that does not accelerate growth. Therefore, underdeveloped economies tend to make efforts to progress toward a more urban-based non-farm sector. At the same time, dependency on foreign aid could undermine the overall development process of an economy for it generally increases the economic uncertainty and burden. The article employs the qualitative method to measure the development of Bangladesh in light of these three indicators. The study finally concludes that although Bangladesh has made progress in the agricultural sector, the country lags behind in investment and foreign aid sectors.