June 30, 2021
The JICA Ogata Research Institute for Peace and Development has published a policy note No.7 “Understanding the Progress of Bangladesh” written by Yamada Eiji and Fujita Yasuo as a result of the Institute’s research project “Empirical Study on the Risk and Poverty in Bangladesh.”
Despite its start as one of the poorest countries in the world, Bangladesh has been observing a continuously strong economic growth and social improvement. A few country specific driving forces, such as non-farm industries, especially ready-made garment (RMG), microfinance institutions (MFIs), and the development of infrastructures, can be considered to have constituted the mechanism of progress of Bangladesh. Understanding why these changes happened may give useful insights for sustaining its great progress in Bangladesh, and for replicating it in other countries.
The policy note can be viewed via the following link.