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The AEDSB Washington Seminar Series


An Untold Story of the Turn-Around of Bangladesh's Development Strategy

Speaker: Dr. Atiur Rahman, Governor, Bangladesh Bank

Moderator: Ahmad Ahsan, Lead Economist, East Asia and Pacific Region, World Bank

When: Wednesday, October 06, 2010; 10.00am - 11.30am

Where: Room C 8-100, C Building, World Bank, 1225 Connecticut Ave, NW, Washington D.C.

Visitors will first need to collect a pass from the lobby of the C Building near the corner of Connecticut Avenue and 18th Street. Please allow an extra 15 minutes for this. If you need a pass to attend the seminar, please contact: Amer Ahmed (sahmed20@worldbank.org or 202- 473-6454) or Mildred Gonsalvez (mgonsalvez@worldbank.org or 202-458-715 ).



Although declared an international 'basket case' by Henry Kissinger at her birth in 1971, Bangladesh has achieved a remarkable development turnaround even with relatively low investment rates. At present Bangladesh's per capita income is not far off from the threshold for the middle income group of economies. In the 39 years since liberation, Bangladesh's per capita income has grown four-fold since independence with near self-sufficiency in food production, poverty has been reduced by more than half, and the country is well on course to achieve most of the MDGs (formally recognized by the UN for already achieving one of those). Some of the other breakthroughs and attainments, such as pioneering of micro-credit as a tool combating poverty, building up a globally competitive apparels export sector from scratch, are also well recognized. Although Bangladesh still faces the daunting challenges of pervasive poverty, threat of climate change, weaknesses in governance and deficiencies in physical infrastructure and human development, the progress thus far achieved in a functioning (if at times faltering) democratic framework is a story well worth highlighting. Dr. Rahman will highlight both the achievements and challenges.

About the Presenters

Dr. Atiur Rahman assumed office as the Governor of the Central Bank of Bangladesh for a four year tenure on May 1, 2009, after occupying different positions in major research and academic institutions. After obtaining his M.A. in Economics from Dhaka University, he pursued studies in the School of Oriental and African Studies (SOAS), University of London under a Commonwealth Scholarship, securing M.A. and Ph.D. in Economics (1983). He was also awarded a Commonwealth Development Fellowship at the University of Manitoba in Canada (1989), a Ford Foundation Post Doctoral Fellowship at The University of London (1991-92), and a Visiting Research Fellowship, at the Institute of South-East Asian Studies, Singapore (1998-99). He has published 45 books in English and Bengali, besides, numerous papers in national and international journals. Dr. Rahman has won many awards for his outstanding contribution in various field.