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Macroeconomic Development of Bangladesh and West Bengal

In: Two Bengals

Author

Listed:
  • Munim Kumar Barai

    (Ritsumeikan Asia Pacific University)

  • Gour Gobinda Goswami

    (North South University)

  • M. Ismail Hossain

    (North South University)

Abstract

Before India was partitioned in 1947, Bangladesh and West Bengal belonged to the same Bengal region. When they were divided, West Bengal was the more affluent of the two. East Bengal joined Pakistan as East Pakistan but then fought for its independence in 1971 to become an independent country. Since then, both the Bengals have advanced in their respective macro- and socioeconomic areas, such as agriculture, manufacturing, services, employment, and poverty reduction. Trends in advancement in these areas suggest that Bangladesh has accomplished more after 2000 due to political and economic policy variations. On the other hand, while West Bengal improved the manufacturing sector, it performed better in redistributing land and agriculture output. Overall, West Bengal appears to have performed better than Bangladesh in reducing poverty, while Bangladesh has done better with its external economy. This chapter has compared development in some macro- and socioeconomic areas in two Bengals over the years to get to where they are now.

Suggested Citation

  • Munim Kumar Barai & Gour Gobinda Goswami & M. Ismail Hossain, 2023. "Macroeconomic Development of Bangladesh and West Bengal," Springer Books, in: Arindam Banik & Munim Kumar Barai (ed.), Two Bengals, chapter 0, pages 27-65, Springer.
    • Handle: RePEc:spr:sprchp:978-981-99-2185-0_2
    DOI: 10.1007/978-981-99-2185-0_2
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