Bangladesh's economy is developed, underdeveloped, or developing? (part 2)
Food problems and malnutrition and the people of Bangladesh are now suffering from food problems and malnutrition. Because. Food production is not increasing at the rate at which the population is growing in this country. In the financial year 2006-07, the production of grain was estimated at 273.8 lakh metric tons. About 60% of the animal meat in our daily diet comes from fish. In this country. Although initiatives have been taken to reduce food insecurity and malnutrition, the growing population is undermining those initiatives. On the other hand, in developed countries, there is no problem of food problems and malnutrition.
Incomplete use of natural and human resources and full use of natural and human resources in this country. Not happening. However, the discovery and use of natural resources has increased more than ever before. In order to develop human resources, various government and non-government initiatives have been taken in various activities including education, health, family welfare, women and child development, youth and sports development. Compared to this, developed countries are much more advanced. Because the amount of unused natural and human resources in developed countries is very insignificant.
Bangladesh's economic structure is very weak. However, the development of economic and social infrastructure of this country is slowly gaining momentum. Nevertheless, the economic structure of Bangladesh is much lower than any other developed country in the world.
Foreign trade deficit and Bangladesh's foreign trade deficit is huge. At present the amount of this deficit is decreasing. In developed countries, foreign trade surpluses tend to be higher. For this reason, developed countries have an impact on underdeveloped and developing countries. However, in the near future, Bangladesh is expected to overcome the adversity of foreign trade.
Dependence on foreign aid and about 49% of the Bangladesh Development Plan is met by foreign loans, aid and grants. Such over-reliance on foreign aid is a serious obstacle to our development. Developed countries do not accept foreign aid. Only take foreign loans if they are in a difficult situation.
Political instability and unstable politics are major obstacles to Bangladesh's economic development. Due to the lack of a conducive democratic environment and the political conflict between the ruling party and the opposition. Economic development is being severely hampered. In developed countries, on the other hand, the political situation is always in balance. It goes without saying that there is no conflict in the political corner.
Evaluate whether the economy of Bangladesh is developed, underdeveloped or not and the economy of Bangladesh. From the above mentioned features it is seen that the economy of Bangladesh is not developed at all; Because in the corner of developed economy. This feature cannot be noticed in the current economy of this country. Most of the features of the economic structure of underdeveloped countries are observed in the economy of this country. Judging from this, it can be seen that this country is an underdeveloped country. However, comparing the economies of developing countries with underdeveloped countries shows that developing economies exist in this country instead of underdeveloped economies. Underdeveloped countries refer to the stagnation of the economy and developing countries refer to economic dynamism. The economy of this country is neither stagnant nor more dynamic. That is why Bangladesh is not a developed or underdeveloped country but it is a developing country. In a statement on the occasion of the 25th anniversary of Bangladesh's accession to the United Nations, former UN Secretary General Kofi Annan said, Included. "According to Bangladesh, a country would be interested in becoming a member of any international organization," he said. So it is reasonable not to call Bangladesh a developed or underdeveloped country but a developing country.
Bangladesh is a developing country. Because the economy of this country has become dynamic and the growth rate is gradually increasing. So far, five five-year plans have been formulated for the development of Bangladesh. Although these plans have not been fully implemented, they have made significant progress in the country's economy and have bright prospects for future development. So Bangladesh is undoubtedly a developing country at present.