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The Economic Development Of Bangladesh

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Introduction
Bangladesh is a developing country nevertheless the present day progress of this country is remarkable. According to World Bank’s development indicators, Bangladesh ranked 44th in the world economy. In spite of its economic progress, poverty remains a curse. By looking at the poverty headcount ratio of 43.3% as of 2010, we can still notice that most of the people are living under poverty line. Furthermore, the economic development of our country comes with an additional cost that is environmental degradation. As the Kuznets’s curve demonstrates developing counties undergo increased environmental degradation with economic growth. Similarly, in Bangladesh, the government encourages industrialization in many sectors to boost economic growth and alleviate poverty. On the other hand, industrialization is not reducing poverty levels or increasing the standard of living of the poor because many firms do not follow the rules and regulations. This in turn also is a reason for pollution and environmental degradation. Poor still remain poor for the cruel pollution-poverty cycle, while pollution and environmental degradation increases with mass industrialization, contributing to increased poverty.
Land degradation is due to improper agriculture actions as well as social and environmental effects related to these practices which is increasing many parts of this country. Deforestation, water, air and industrial pollution, unsustainable land use, intense use of fisheries, and

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