Conflioctive Politics and Our Economy

Conflioctive politics and our economy

The conflictive politics which is currently ragging in Bangladesh has receive considerable international attention. We are now facing the worst situation in the country due to our rotten politics. Every day our innocent people are killed. Foreigners are coming to our bcountry to resolve our national crisis. It is shameful for our independent nation.

Naver before , had the nation witnessed so much violence involving any political issue. For nearly a couple of months capital Dhaka remain cut off from the rest of the country by road; the rail communication and the economy bled in an unprecedented manner. However the 10th parliamentary election was held on January 5, 2014bot6h seikh Hasina and khaleda Jia who have ruled the 43 years old country for 21 years, have rendered our democracy as demo-crazy. Politics in bangladesh seems to have been possessed by the devil of late. politics is no longer for the welfare of the people.

Sheikh Hasina as the prime minister, has failed to protect people and their properties.Khaleda Jia as the leader of the opposition has faild to stop her movement for a casretaker government from resorting to what one can perhaps call acts of terrorism. the country today is teetering on the brink of disaster over a contest for power and only politicians- both in the ruling party and the opposition parties- are to be blamed for this.the people have nit5her created the problem nor they solve it.so why shiuld they be forvced to pay for it.

More than 100 people have been killed, 20 of them from burns and near about 2000 injured since last month- all having nothing to do wit5h politics. Most of them had no choice but on the streets for a living.

impact of political instability

development can be influenced by many non economic variables. Among them political instability comes first. Economic development largely depend on political stasbility. Political instability is the opposite concept of political stability.zaid bakht the research director of the Bangladesh gnstitute of development studies said that one days shut down causes the lost of $20 billion.a recent survey of DCCI also showed that overall economic loss during a strike day was tk. 16 billion. Donor agencies, including the world bank, asian development have said Bangladesh would not be able to reach its projected GDP growth if the on going political crisis continues.

Hartals and blockeds are negatively impacting the economy. None will come to invest in the country unless the situation improves. Chinese buyers are moving to Myanmar. Export target can not be fulfilled. Banks are losing their profitability. Share markets investors are facing uncertainty.

Impact on GDP growth: the world bank has recently said Bangladesh would not be able to achive the targeted 7.2 percent. GDP growth in the 2013 -2014 fiscal. The washingto9n based