Development, Governance and the Environment in South Asia: A by Mohammad Alauddin, Samiul Hasan

By Mohammad Alauddin, Samiul Hasan

The worst chemical catastrophe ever may be taking place without delay. In India and Bangladesh among 40 and 80 million individuals are vulnerable to eating an excessive amount of arsenic from good water that may have already triggered 100000 melanoma instances and millions of deaths. Many thousands in other places in South-East Asia and South the United States may perhaps quickly undergo the same destiny. Venomous Earth is the tale of this tragedy: the geology, the biology, the politics and the heritage. It starts off in historical Greece, touches down in modern-day North the US and takes in William Morris, alchemy, farming, drugs, mining and a beauty that killed popes.

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Extra info for Development, Governance and the Environment in South Asia: A Focus on Bangladesh

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10 Development, Governance and the Environment in South Asia CONCLUDINGCOMMENTS Bangladesh has made considerable socio-economic progress since becoming an independent nation. Given the extremely disadvantaged status of the country economically, the extent of the progress which it has made is truly remarkable. Compared to the pre-independence situation, GNP per capita in Bangladesh appears to have doubled approximately (World Bank 1994b, p. 26) and its level of grain imports has fallen substantially.

The underlying concern is the extent to which aid is 'fungible'- that is, whether it finances consumption expenditure and reduces taxation revenue in LDCs. Using crosscountry and time series data for several Asian countries and employing econometric techniques Ahmed argues that foreign aid (defined as all foreign inflows to the official sector) is indeed fungible, albeit at different levels. Furthermore, the overall impact of aid (both loans and grants) on public sector investment, consumption, domestic borrowing and taxation varies among countries.

Supplies of natural gas can significantly overcome this problem, but there have been long delays in supply of this to regions such as the above. However, natural gas is an important source offuel supply for parts of the eastern region of the the country. Natural gas provides a means for Bangladesh to expand its manufacturing industry and to help conserve its living natural resources, such as tree cover. Bangladesh has not yet been able to use this to its full advantage. 9 BANGLADESH'S INTERNATIONAL ECONOMIC RELATIONS Bangladesh is a relatively small country in terms of its area and the size of GDP.

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