Density Dividend behind Bangladesh's development surprise | Faisal Ahmed | TEDxDhaka

Bangladesh’s surprising economic growth and its achievements in the Millennium Development Goals has startled many observers. Faisal Ahmed goes against the popular notion that ‘population density’ is an enemy, and shows us how it is actually the opposite!
FAISAL AHMED
Economist
Faisal Ahmed is the Chief Economist at Bangladesh Bank, where he joined as Senior Economic Advisor to the Governor in 2015. During 2011-2015, he served as the IMF Representative in Cambodia. He worked on a range of advanced, emerging, and developing economies in Asia, Africa, and Europe. Before joining the IMF in 2003, he was a Visiting Scholar at the U.S. Federal Reserve Bank and an actuary in a global insurance company. He has taught at the University of Minnesota and at the Royal School of Administration in Cambodia. Mr. Ahmed holds a Ph.D. and an M.A. in Economics from the University of Minnesota, an M.Fin from Princeton University and is a CFA Charterholder.
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Recorded at TEDxDhaka bit.ly/TEDxDhaka2017 on 18th November, 2017, Dhaka, Bangladesh. Faisal Ahmed is the Chief Economist at Bangladesh Bank, where he joined as Senior Economic Advisor to the Governor in 2015. During 2011-2015, he served as the IMF Representative in Cambodia. He worked on a range of advanced, emerging, and developing economies in Asia, Africa, and Europe. Before joining the IMF in 2003, he was a Visiting Scholar at the U.S. Federal Reserve Bank and an actuary in a global insurance company. He has taught at the University of Minnesota and at the Royal School of Administration in Cambodia. Mr. Ahmed holds a Ph.D. and an M.A. in Economics from the University of Minnesota, an M.Fin from Princeton University and is a CFA Charterholder. This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at www.ted.com/tedx

[@bijonislam5599]

Great perspectives Faisal Bhai - Bangladesh not a paradox - Bangladesh is the silicon valley for social innovation

[@mehbubulalam7889]

Long Live Bangladesh 🇧🇩💜

[@thematrix1101]

Population is our greatest asset. The problem is centralization of Dhaka.

[@abusayam1562]

I am proud to see my country in TEDx platform.

[@sultanmohammadarif5370]

now I can show this video to my foreign friend that is Bangladesh

[@IftekharHossainApu]

I think Rather than population, centralization of Dhaka is the core problem However nice perspective sir

[@ShahidAli-vx4nl]

Loved the perspective! Makes me feel hopeful and positive.

[@aminulhaquekhokan9137]

Nice talk. Keep it up. Now we have many things of boosting.

[@alihossain7867]

Great presentation! we are hoping that within few years Bangladesh would be the developed country in the world.

[@zulkerhyder9510]

Many many. Thanks to Faisal vhai. For his mind blowing speech. I am amazed by his speech about bhow Faisal vhai made comparison with past and present with his good worlds and emotion.the audience. Must have enjoyed his mind blowing speech

[@bidhanpaulabir4777]

Well !! But I can't give all the achievements to the population solely. During the last few decades what have contributed most to the economic growth of BD are technological development, foreign investments and some others. End of the day, overall LIVING STANDARD matters. Still, the richest 20% holds about 45% income share in BD. So ultimately such growth goes to the richest. What we need is all about a well knowledged generation.

[@MehadiGaniRafe232]

nice speech, thank you

[@tithefarhana1012]

Density Divided, a hottest and bombshell topic. Paradox or orthodox or pandora's box... Bangladesh needs to be an investment box to the global investors...so that they can invest hugely on different sectors from agriculture to industry..

[@persimmon146]

Population is not our problem, it is your power....,.. because large number of people of Bangladesh are well educated....... We have huge density of educated people and we proud of it,

[@mustakimzaman4140]

BD Rock's the only thing i feel is the issue that we havent decentralized as well yet.

[@ShovoRock]

yes we can do anything....

[@sadiasultana474]

Inspiring, Sir!

[@adamhawk1043]

Wow we r developing fast

[@bluedrop1345]

Great . Yes BANGLADESH !

[@nadimhossain564]

Nice Speech bro

[@acsuae]

Nice speech

[@SalamurRahmanKhan]

great!

[@robi4566]

If we could build our labor forces as skilled workers who could operate mechinaries and other technical operations smoothly, we could have earned higher pay scale which would increase our remittance may be 5 times more.

[@labibaluba5186]

as we are largest in density we can rely on our domestic market such a positive transformation of human capital.

[@md.rayhankabir4258]

Some words to be positive & to be hopeful! But to surprise the world we need support and assistance from the government. Proper governance, strict law enforcement & mass consciousness are must to ensure our growth.

[@md.amjadhossain6816]

I think population of a country is a major part of it's economy. The educated and well trained population is equivalent to asset for any country. Bangladesh has a small area but huge population. If the people get proper education or training, they will help the country to make a much better country than what it is today. Finally I would like to say that environment is a key factor for people to motivate towards developing activities. Thank you.

[@mdtasriefchowdhury3208]

Our population is an asset in 2 ways. We have huge labor force and huge number of consumers. For social innovation, we need skillful human resource. It is not sufficient in our country. The available skillful human resource can't be treated properly due to some technical problems. like lack of proper evaluation, bias towards relatives, bribery etc. Some firms don't want to grant loan to these firms who want to ensure social innovation. Bangladesh is an agricultural country but the price level of rice is very high compared to price level of other food items. Remote areas of our country should realize the positive impacts of huge population in our country. Most of our skillful human resource have skill in bookish knowledge but there practical knowledge in not only social innovation but also in other sectors is also poor. Solving all these problems, we can except that our country's population density is our friend. Now we can say that we can be an appropriate area for social innovation if we can utilize our available resources properly. In last 50 years, the development of our country is a matter of pride fore us and population density has a significant impact behind it.

[@waziuddinchowdhury6090]

I like the spirit, but this is unsustainable. Density equals a footprint that is unmanageable. Until we can contain that, the folks that deliver will be overwhelmed by those that can’t produce. Period.If you disagree, let’s talk around five years from now.

[@rebootedjack775]

waziuddin chowdhury jealousy will get you nowhere.

[@md.mahfuzorrahman8381]

Yes, Population is our asset and it should be utilized properly. Corruption should be minimized to see a Bangladesh we dream for.

[@md.amjadhossain6816]

Md. Mahfuzor Rahman Right

[@md.mahfuzorrahman8381]

Amjad Hossain All of us should contribute for a better Bangladesh.

[@Jamal-Ahmed786]

The urbanisation of Bangladesh has to sliw down otherwise it won't have space to grow food

[@vistimeg3517]

Like video

[@satansire6470]

Bhaiya can you tell me the main points of your speech ? :)

[@mahossain839]

Satan Sire He is making propaganda of government. Bangladesh will not sustainable country unless the political para not finished.

[@SalehMazumder747]

Why over population is transforming the economy in positive away.

[@itsbusiness4789]

@@mahossain839 you r living on illusion and you are jealous.

[@supportbd7142]

@@mahossain839 well do you know because of the government Bangladesh is growing faster. Previous governments ruined Bangladesh with violence and hate. Bangladesh have a brilliant government now. If the government changes, itll be back to square one again

[@raymeah9848]

The poor slum people should be educated and taught not to have children if they cannot afford to.

[@zulkerhyder9510]

Jj

[@Cosmicmiind]

Shame this guy can't even speak English better do it in Bengali !

[@rebootedjack775]

shah shakil really? Do you even understand English? This guy can speak perfect English, don't be a moron just to make a comment.

[@UntEyEHero]

please make the criticism after reaching his level success in career and education. I guess you wouldn't be doing it if you were there.