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| Bangladesh Development Research Center (BDRC) |
| “Every human being has one mouth and two hands. If you enable the hands to produce, then feeding the mouth is no problem.” |
| Bangladeshi proverb, quoted by A. Atiq Rahman in: Climate Change and the Kyoto Protocol’s Clean Development Mechanism, p. 41 |
BDRC Research Project: Bangladesh's Development Strategies
- Abstract: While poverty reduction and the achievement of the Millennium Development Goals (MDGs) need
to remain to be the center of Bangladesh’s development strategy, there are suggestions to broaden the
agenda towards a more forward-looking development and employment strategy. For example, it has been
suggested that information technology could be Bangladesh’s superhighway to prosperity. Others consider
agribusiness (for the domestic and foreign sectors) of being able to provide the amount of employment
needed for Bangladesh’s growing population. Still others concentrate on intensifying export promotion polices.
This research project will evaluate the advantages and disadvantages of some alternative development
strategies as well as make suggestions on the optimal mix of alternative development strategies.
- Related background: In 1983, the jute mills of the Bangladesh Jute Mills Corporation (BJMC) exported
71,841 tons of jute carpets and earned Taka 1.89 billion, providing the life line for millions of Bangladeshis.
Today, most of Bangladesh's jute carpet factories are closed down, partly due to the emergence of synthetic
fiber (polypropylene). Yet, in view of the cotton price rise over the last few years, a few textile producers have
been using jute yarn to produce denim. Bangladesh may emerge as a major denim producer in the world as --
being a front ranking jute producing country -- it has an edge over others. Indeed, according to the Export
Promotion Bureau (EPB), export of jute yarn grew 42 per cent to Taka 10.28 billion in 2004-05 fiscal and 12.5
per cent to Taka 11.57 billion in 2005-06.
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