martes, 8 de enero de 2019

Raja Mandala: The centre moves east | Opinion News, The Indian Express

Raja Mandala: The centre moves east | Opinion News, The Indian Express



Raja Mandala: The centre moves east

Rise of Bangladesh augurs well for the future of the eastern Subcontinent.



Bangladesh Prime Minister Sheikh Hasina. (AP Photo/Anupam Nath/File)
In focusing on the scale of Sheikh Hasina’s victory in the general election a few days ago and the allegations of rigging by her opponents in Bangladesh, it is easy to miss the significant structural change unfolding in Bangladesh and its long-term implications.
As she begins her third continuous term as prime minister, Sheikh Hasina is destined to go down as one of the Subcontinent’s most consequential leaders. Combined with an earlier term as PM during 1996-2001, Sheikh Hasina could eventually become one of the longest serving political leaders in South Asia and beyond.
While many other regional leaders have had the fortune to stay in office for long, few have had the privilege to advance their nations like Hasina has. Even fewer have the opportunity to help restructure their regions. Over the last decade, there has been a dramatic improvement of the country’s economic prospects. The stability and continuity provided by Hasina has been critical for this transformation.


Under her leadership, Bangladesh has emerged as one of the world’s fastest-growing economies. Its per capita income has doubled over the last decade. It is all set to leave the category of “least developed countries”. Hasina’s ambition is to accelerate the annual economic growth rate from the current 7 per cent to nearly 10 per cent by the time Bangladesh celebrates its 50th birthday in 2021.

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