To sustain economic growth, Bangladesh needs to upskill its labour force for sustained remittances, coordinate economic data releases for transparency, and learn from Sri Lanka's example to avoid unstable balance of payments and low investment. Despite challenges like corruption, a sustained GDP growth rate and trade partnerships with distant countries indicate a promising future for Bangladesh.
Bangladesh has a troubled past, but it has been in a great position to grow dramatically in much the same way that its neighbour China has done in the recent past. Bangladesh is still a highly labour intensive market which makes it a great place to get T-shirts made, but a number of factors have made it painfully slow to develop beyond that. Could Bangladesh change things to become the next China?
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