Economist Podcasts Losing the threads: Bangladesh
Mar 2, 2023
Dominic Ziegler, a columnist on Asian affairs for the Economist, and Andrew Knox, the Korea correspondent, dive into Bangladesh's complex economic landscape. They discuss how corruption and dwindling reserves threaten the country's development narrative. The importance of the garment industry is highlighted as a key driver of growth facing new challenges. They also explore North Korea's bold funding of its weapons program through audacious cryptocurrency thefts, revealing a shadowy world of cybercrime and its global implications.
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North Korea's Funding Mystery
- North Korea's overt investment in weapons programs contrasts sharply with its widespread poverty.
- This raises questions about the regime's funding sources.
Bangladesh's Development at Risk
- Bangladesh has made remarkable economic and social progress in recent decades.
- However, declining reserves, corruption, and a cost-of-living crisis threaten this progress.
Underlying Concerns in Bangladesh
- While Bangladesh's infrastructure development is positive, concerns exist about governance and economic stability.
- These concerns are shared by diplomats, analysts, and even members of the ruling party.