Bangladesh on its way to become a middle-income country by 2021

Essay Contents:
1. Introduction : 2. Classification of Countries and What is Meant by MIC: 3. Significance of Becoming a MIC, for Bangladesh : 4. Predictions on Bangladesh Becoming a MIC( International and National Sources ) : 5. Experience of Countries Moving from Low income to Middle Income Status : 6. Recommendations for Bangladesh to Become a MIC : 7. Becoming a MIC( Three Possible Scenarios) : 8. Conclusion :

Essay Materials:

sHoVoN
Still a way to go for a middle-income Bangladesh
Author: Fahmida Khatun, CPD
Bangladesh’s recent graduation to the World Bank’s lower-middle-income category from a low-income category was only a matter of time. The country experienced steady growth in the 2000s and boosted its per capita income. Its from a mere 2.8 per cent in the 1970s to 6 per cent in the 2010s, and per capita income increased from only US$90 in 1973 to US$1314 in 2015.

Bangladesh has manifested the features of a modern economy. It has changed structurally from traditional agricultural dependency to industry and services sectors. The strength of the economy is also reflected through its integration into the global economy,