Macroeconomic Development of Bangladesh and West Bengal

Munim Kumar Barai*, Gour Gobinda Goswami, M. Ismail Hossain

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

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.

Original languageEnglish
Title of host publicationTwo Bengals
Subtitle of host publicationA Comparative Development Narrative of Bangladesh and West Bengal of India
PublisherSpringer Nature
Pages27-65
Number of pages39
ISBN (Electronic)9789819921850
ISBN (Print)9789819921843
DOIs
StatePublished - 1 Jan 2023
Externally publishedYes

Bibliographical note

Publisher Copyright:
© The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd. 2023.

ASJC Scopus subject areas

  • General Economics, Econometrics and Finance
  • General Business, Management and Accounting

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