1887

Production Transformation Policy Review of Bangladesh

Investing in the Future of a Trading Nation

image of Production Transformation Policy Review of Bangladesh

Half a century after independence, Bangladesh has achieved impressive progress. The country has transformed from one of the poorest nations into a global textile manufacturing hub capable of meeting its medical needs almost entirely through domestic pharmaceutical production. The country will graduate from the least developed country (LDC) category in 2026 and aspires to be a high-income nation through industrialisation by 2041. Meeting this challenge requires accelerating economic transformation through diversification and innovation. This Production Transformation Policy Review (PTPR), implemented with the support and collaboration of the European Union (EU), and in partnership with the UN Conference on Trade and Development (UNCTAD), identifies concrete options for supporting Bangladesh’s development. It calls for leveraging digitalisation to address persistent fragilities and it advocates for a new pact based on shared responsibilities between the national government, the private sector and international partners to shift to a new development phase and ensure sustainable, smooth and irreversible graduation.

English

Editorial

In March 2023, at the Fifth United Nations Conference on the Least Developed Countries (LDC5) in Qatar, development partners reaffirmed their commitment to lift LDCs from the cycle of extreme poverty, instability and vulnerability that limits their development prospects. The Doha Programme of Action outlines a ten-year plan to support LDC development efforts through enhanced international partnerships. LDC5 also marked a special milestone: it will be the last UN LDC conference in which Bangladesh participates as an LDC.

English

This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error