Will have a lot to say on this later as I have read the GS report in detail. But for now here is the news link.

Why Goldman Sachs may be right about Bangladesh?

Andy Mukherjee writes ,

“… With so much going wrong, why should investors care about Bangladesh? There are three good reasons. (a) Growth, Demographics, (b) Enforcing Contracts and (c) Middle Class…”

Coupled with the highest GDP growth last year of an astounding almost 7%, stars are alligning for us. Now we need meaningful policies and policy debates in Bangladesh.

He adds,

With sensible policies, the gap between Bangladesh’s promise and performance can narrow, if not disappear. If Bangladesh receives its demographic dividend in full, Goldman Sachs may be proved right in its prediction.

Asian Highway disaster is a perfect example of how politicians can derail this progress by bad policy