Bangladesh, May 17 -- It was not long before that global financial institutes and analysts including the prestigious Economist Intelligence Unit used to consider Bangladesh's economic development quite an enigma. All because the country defied the well established economic theories and practices on its march towards bolstering the economy. A little later, some started calling it a development paradox. Even today, there are financial experts and think tanks who complain that the official calculations for arriving at the declared gross domestic product (GDP) growth are not transparent enough. So, the projected growth rate has to be taken with a grain of salt.
However, such complaints and whines receive a rebuff when a few world-class financi...