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The Needs

In: Aid and Influence

Author

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  • Jack Parkinson

Abstract

The characteristics of the Bangladesh economy are described at length elsewhere1 and only some of them are germane to an understanding of the issue discussed in this book. The overriding consideration is that of the poverty of the 85 million people who inhabit the country. There is a near Malthusian pressure on existence as population growth matches, and sometimes exceeds, the growth of output; there is little in the way of additional land that can be brought into cultivation in one of the most densely populated areas in the world. Nor can industrial production offer much immediate alternative to agriculture in the way of employment, or improving living standards. There are few natural resources that can be utilised as the basis of industrialisation (the best of these, jute, has only limited growth potential). There are few raw materials that can readily be extracted and easily sold on world markets as a means to secure foreign exchange. While export earning capacity is capable of expansion, the process is slow and earnings are sufficient to pay for less than a half of minimum import needs.

Suggested Citation

  • Jack Parkinson, 1981. "The Needs," Palgrave Macmillan Books, in: Just Faaland (ed.), Aid and Influence, chapter 3, pages 25-34, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-05472-5_3
    DOI: 10.1007/978-1-349-05472-5_3
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