How Bangladesh developed faster than Pakistan after the liberation war
There are several factors that have contributed to Bangladesh's faster economic development compared to Pakistan after the liberation war. Some of the key factors include:
Political Stability: Bangladesh has enjoyed relatively stable democratic governance since the 1990s, which has helped to create a favorable environment for economic growth. In contrast, Pakistan has experienced frequent political instability and military rule, which has hindered its economic development.
Social Development: Bangladesh has made significant progress in social development indicators such as education and health, which has helped to create a more skilled and productive workforce. In contrast, Pakistan has struggled to improve social indicators, particularly in the areas of education and health.
Export Orientation: Bangladesh has developed a thriving export-oriented garment industry, which has been a major driver of its economic growth. In contrast, Pakistan has not been able to develop a strong export-oriented manufacturing sector.
Remittances: Bangladesh has benefited from a large inflow of remittances from its citizens working overseas, which has helped to boost its foreign exchange reserves and finance its development programs. In contrast, Pakistan has not been able to attract as many remittances from its citizens working abroad.
Infrastructure Development: Bangladesh has invested heavily in developing its infrastructure, particularly in the areas of power, transportation, and telecommunications. In contrast, Pakistan has not been able to make significant progress in improving its infrastructure.
Overall, these factors have contributed to Bangladesh's faster economic development compared to Pakistan after the liberation war. However, it is important to note that both countries face significant challenges in achieving sustainable and inclusive economic growth, and there is still much work to be done to address issues such as poverty, inequality, and environmental sustainability.
There are several factors that contributed to Bangladesh's faster development compared to Pakistan after the liberation war in 1971.
Political Stability: Bangladesh has had more political stability compared to Pakistan since its independence. Pakistan has had several periods of military rule and political instability, which have hindered its economic progress.
Human Development: Bangladesh has made significant progress in human development, with improvements in health, education, and women's empowerment. The country has achieved impressive gains in reducing infant mortality, increasing life expectancy, and reducing poverty. Pakistan has struggled to make similar progress in these areas.
Economic Reforms: Bangladesh has implemented several economic reforms, including privatization, deregulation, and liberalization, which have helped to attract foreign investment and promote economic growth. Pakistan, on the other hand, has struggled with a large informal sector and limited foreign investment.
Export-Oriented Strategy: Bangladesh has focused on export-oriented growth, with a particular emphasis on the garment industry, which has become a major source of foreign exchange earnings. Pakistan, on the other hand, has relied more on traditional industries such as textiles and agriculture.
International Support: Bangladesh has received significant international support for its development efforts, including aid from international organizations and countries such as Japan and the United States. Pakistan has also received international aid, but its relationship with the international community has been more complicated due to its political and security challenges.
In summary, Bangladesh's faster development compared to Pakistan after the liberation war can be attributed to a combination of factors, including political stability, human development, economic reforms, export-oriented strategy, and international support.
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