Success

Economic growth and Bangladesh’s economic model have remained pro-poor. Substantial reductions in the poverty rate, from around 50 per cent in 2000 to just over 30 per cent in 2010, alongside broad welfare improvements, have been secured. This is rooted both in basic conditions, relatively low inequality and the high level of labour intensity, and in successive Governments ensuring macroeconomic stability and growth promoting policies. With the global economic recovery, positive demographics and improving business and investor confidence, growth may accelerate above its current trend rate of 6 to 6 ½ per cent in the coming years.  

Bangladesh retains a deep commitment to social solidarity and to a progressive development agenda.  Many MDG successes, in areas ranging from poverty reduction to exceptional improvements in infant mortality, to greater gender equity have been secured.  The Government has also shown itself, able to recognize delivery weaknesses and marshal resources accordingly. This is most clear in relation to maternal mortality, where a goal which was well–off track, secured a 30% reduction in deaths during child birth over a four to five year interval.  This bodes well for future interventions to capitalize on MDG successes – such as social protection reforms, and improved access to healthcare and schooling.

On-going Government actions have greatly improved disaster preparedness and recovery. Given the extreme vulnerabilities faced, the country’s track record has been exceptional improving human security and saving lives. While extreme climatic events still sadly result in some fatalities, these have been reduced dramatically. This provides a sound basis for addressing allied and pressing questions of environmental sustainability.