Bangladesh is producing a lot of Millionaires these days. And, many of Bangladesh’s millionaires are indeed leaving Bangladesh every year.
Prima Facie, the case of Bangladesh is a little confusing. On the one hand, it has been widely reported that their economy is one of the fastest-growing in the world, reaching 8% of GDP in recent years. It may reasonably be assumed that the country is relatively well-managed. Certainly it has not been plagued by faux-Islamic Radicalism, or the other types of debilitating political or cultural issues we see devastating Pakistan, or other comparable countries.
On the other hand — Bangladesh is home to much Climate Change-driven Devastation and ravaged by rampant Extreme Poverty. There are reports of
Rising Sea-Levels: This is a horrific phenomenon, caused by Global Warming / Climate Change, which causes the water-levels to rise in the rivers and the coastline, causing entire villages or regions to keep flooding, and the flood-water levels to not recede fully each time. This of course means that those areas are ultimately rendered permanently unlivable. In a highly and extremely densely populated, low-lying, coastal nation that is covered and criss-crossed by major rivers, marshland and water-bodies — this is obviously a complete disaster, and one to which there really aren’t any good solutions.
Other Climate Change Fallout: Rising temperatures and unpredictably changing Rain- and Micro-Weather-Patterns cause a slew of other problems related to Flora-Fauna and Human Habitat, Agriculture, and so much more.
Which is ironic, given that Bangladeshi Women participating in the labor force have achieved a great deal, driving the Economic Miracle that is Bangladesh, a country which has been under some of the longest-running Rule by female Heads-of-State.
Unfortunately, Bangladesh’s Poor, particularly girls and women — consider themselves lucky to get low-paid employment just to put food on the table, often toiling extremely long hours of back-breaking physical labor, in the country’s garment or fishing industries, or in unprofitable, small-holder, subsistence farming.
In summary, Bangladesh is one nation in the world amongst the most affected by the Global Climate Change Crisis — A Nation Gradually Sinking Into The Rising Sea.
Of all its problems, this is the one that gives the most impetus to Bangladesh’s Wealthy to leave, permanently, BECAUSE THEY CAN ! …
… while, tragically, Bangladesh’s Poor — who do not have the wherewithal to become Investment Migrants, moving to some more attractive destination in search of a better life — are left with no choice other than to stay back and suffer, and die, … OR to be forced to Eventually become Climate Change Refugees who must carry their misery and poverty to wherever will let them come in.
A highly over-populated land NOT blessed with too many Advantages or Natural Resources per capita, nor bolstered by any Invisible Hand of Historic Glory, Bangladesh has done much of what was RIGHT for them to have done over the last few decades, and have turned their economy around, to the point where it is the envy of their neighbors and many other Third World nations across the globe.
In view of these 2 above juxtaposed realities, the staggering Pathos of this aggriegious unfairness is truly breath-taking!
Review the following, to get some perspective on this subject.
Overall, the reasons for the Ultra-Wealthy leaving Bangladesh are simpler than that in the case of most other countries.
