Building back better: Graduating with momentum

The analysis in this profile has documented that Bangladesh is approaching the triennial review on the back of sustained and broad-based progress, as evidenced by its performance against the LDC criteria. The pandemic and the ensuing global recession have interrupted a period of rapid economic growth, underpinning significant advances in terms of poverty reduction and social development outcomes. However, the country has to date weathered the crisis relatively well (better than other countries in the region) and appears set to record positive GDP growth in 2020, notwithstanding a sharp slowdown in economic activity. This reasoning confirms that the trajectory of Bangladesh reflects meaningful advancements in terms of productive capacity development and inclusive growth. However, regardless of the political economy dimension of the LDC graduation process (UNCTAD, 2016a), there is no room for complacency.

Sustainable Development Goals:

No Poverty

Decent Work and Economic Growth

Industry, Innovation and Infrastructure