Dr. Md.

Sujahangir Kabir Sarkar

PhD (Malaysia), Post-doc (Malaysia, Japan)

Professor
Department of Economics and Sociology
Patuakhali Science and Technology University
Dumki 8602-Patuakhali, Bangladesh
Email: skabirbau2000@gmail.com skabir@pstu.ac.bd
Website:
 http://pstu.ac.bd/teachers/msk-sarkar
 https://www.researchgate.net/profile/Md_Sujahangir_Kabir_Sarkar
 https://scholar.google.com.my/citations?hl=en&user=-
pvO5zcAAAAJ&view_op=list_works
Course Title: Development Economics
Course Code: AES326

What we shall discuss and learn from today’s lecture?

 Elements of development
 Peculiarities of development
 Sustainable development
 Economic
 Social
 Environmental
 Elements of Development

Human Natural Capital formation Technology

Resources resources  Gross saving  Modern
 Mineral  Higher capital technology
• Skilled pop
resources [oil, formation  ICT
• Semi-skilled gas, gold,  Higher  Green
coal etc.] investment technology
• Un-skilled
 Land  Higher  Super ultra
• Active  Water economic modern
population  Mineral growth and technology
resources development
 Development peculiarities among the countries based on the elements
Countries What development element they had/have Status
Human Natural Capital Technology
resources resources formation
Qatar Low human Huge natural High capital Low technology Very high income and
resources resources formation developed country
USA human Huge natural High capital Technological high income and
resources resources formation advancement developed country
Congo Low human Huge natural Low capital Low technology Low income and least
resources resources formation developed country
Japan Skilled human Low natural High capital Technological Developed country
resources resources formation advancement
China Huge human Huge natural High capital Technologically Higher middle income and
resources resources formation advanced developing country
Canada Low human Huge natural High capital Technologically high income and
resources resources formation advanced developed country
Saudi Low human Huge natural High capital Low technology High income and
Arabia resources resources formation developing country
Bangladesh Huge human Low natural Low capital Low technology lower middle income and
resources resources formation developing country
Elements of Sustainable development
 Economic sustainability

Economic growth Balanced and Proper market Public

and income sustained and institution accountability
distribution investment  Good and good
• Steady and  Proper infrastructure governance
sustained investment  Market  Public
economic  Balance facilities expenditure
growth investment  Information and  Economic
• Growth  Regional access decision
benefits all development  Dynamic  Anti-
people institution corruption
Q/A
Thank you