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Bangladesh: The Economist’s Country of the Year for 2024

The winner toppled a tyrant and seems headed for something better

The Economist has bestowed the prestigious title of “Country of the Year” upon Bangladesh in recognition of its remarkable progress and achievements over the past year.

Bangladesh has achieved a significant milestone by being named The Economist’s Country of the Year for 2024, a recognition of its extraordinary strides in development and governance. This prestigious honor comes as a testament to the nation’s relentless efforts toward economic growth, social advancement, and political stability.

In 2022, the award spotlighted Greece for its commendable recovery from a prolonged financial crisis and the re-election of a pragmatic centrist government. In 2023, Bangladesh triumphed by surpassing other strong contenders like Syria, Argentina, South Africa, and Poland

The accolade underscores Bangladesh’s impressive progress across multiple sectors, from poverty reduction and economic resilience to advancements in education and healthcare. These achievements have positioned the country as a beacon of hope and an example of sustainable development in the global south.

This recognition not only boosts Bangladesh’s international reputation but also reflects the resilience and ambition of its people. The title Country of the Year inspires continued efforts to ensure a brighter, more prosperous future for all citizens.

Why Bangladesh Stands Out

Bangladesh’s journey toward this honor has been characterized by:

Economic Growth:

Sustained GDP growth is supported by a thriving manufacturing sector, remittances, and international trade
Social Progress: Initiatives in education, healthcare, and women’s empowerment.

Political Stability:

Commitment to democratic governance and effective policymaking.
As the world takes notice of Bangladesh’s achievements, the country sets a powerful example for emerging economies aiming to make a lasting impact on the global stage