The Untold Story: Why Bangladesh Didn’t Follow South Korea’s and Singapore’s Path to Prosperity
From Struggles to Success: Why Bangladesh’s Journey Differed from South Korea and Singapore
The Untold Story: Why Bangladesh Didn’t Follow South Korea’s and Singapore’s Path to Prosperity
Why Bangladesh Failed to Rise Like South Korea and Singapore Why Bangladesh Failed to Rise Like South Korea and Singapore Understanding the reasons behind the diverging paths of these nations. The Starting Line: A Shared Beginning In the 1950s and 1960s, South Korea, Singapore, and Bangladesh were all grappling with poverty, political instability, and a lack of infrastructure. South Korea emerged from the Korean War (1950–1953) as one of the poorest nations in the world, while Singapore faced challenges such as resource scarcity and ethnic tensions after gaining independence in 1965. Similarly, Bangladesh, after its liberation war in 1971, inherited a fragile economy, rampant poverty, and weak governance. Leadership and Vision: The Role of Strong Governance One of the critical reasons for South Korea's and Singapore's success was visionary leadership . Leaders like Park Chung-hee in South Korea and Lee Kuan Yew in Singapore were instrumental in setting clear national goals and implem…
