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The country is making progress which is more or less visible. At the same time, it is
also visibly clear that the growth is not inclusive. Economists have defined economic
growth as the increase in the market value of the goods and services produced by an
economy over time. It is conventionally measured as the percentage rate of increase in
real gross domestic product, or real GDP. In our case, not all the people are getting
better off, rather it is a group or few groups of people who are getting richer everyday
and amassing wealth beyond measure. An average of the income of the common
people and that of rising wealthy community may rise from time to time, but that does
not indicate a real income growth. Parameters of growth stretch far beyond and
involve series of socio-politico-economic challenges, some of which are mentioned
below:
1
ii. ABSENCE OF FAMILY/ SOCIAL BONDING: Mutual bonding among members
of the family is fast breaking down in our society and a tendency to imitate the life
styles of foreign societies has surfaced. This will not help us establish social justice,
which is an essential prerequisite for balanced economic growth.
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and accountable for every action, from selection of candidates for elections to
selecting ministers.
Apart from the above mentioned issues, there are many other socioeconomic problems
facing Bangladesh. Our policy makers, politicians, think-tanks and civil societies will
have to respond to the demand of time. If the issue of economic development is the
uppermost in our minds, every citizen of the country has a stake in the affairs of the
state.