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Development Challenges in Bangladesh

Denmark was among the first countries to officially recognise Bangladesh following its independence in 1971. At the time, Bangladesh was among the poorest nations in the world and on the verge of becoming a failed state. Forty years later, Bangladesh enjoys impressive economic growth and has emerged as a young, but fragile, democracy.
Bangladesh is a country in transition with many opportunities but also with massive challenges. Widespread poverty, overpopulation and poor governance are among Bangladesh’s development challenges. The infrastructure is unable to keep pace with the economic growth, corruption is widespread and Bangladesh is suffering from the effects of climate change.
Poor working conditions and labour rights continue to be a major concern. At the same time, Bangladesh is one of the so-called Next Eleven countries; a group of countries that could potentially have a BRIC-like impact, mainly because they are the next set of rapidly growing large-population countries beyond the BRICs.
Bangladesh has been one of the main recipients of Danish development assistance since the country gained independence. Poverty reduction, promotion of human rights and democratisation has been the overriding principles for this long-term cooperation.
Poverty remains widespread in Bangladesh, and inequality is growing. Denmark will continue to encourage Bangladesh in its remarkable process towards eradicating poverty and creating equal opportunities for all.  The development assistance to Bangladesh has made an important difference, and Denmark stands ready to continue its engagement in Bangladesh’ s development process, while Bangladesh gradually moves towards becoming independent of development assistance.
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