Korean envoy says: BD needs bigger dev pie for social stability

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UNB, Dhaka :
Observing that Bangladesh is on the right track in its development drive, South Korea has said Bangladesh needs to grow its size of the development ‘pie’ further to enter an advanced society maintaining ‘social stability’.
“First of all, you’ll have to make the size of your pie bigger. In order to do that social stability is the most important thing. In a very stable society, you can achieve everything,” Korean Ambassador in Dhaka AHN Seong-doo told UNB in an interview.
‘Grow the pie’ is an expression used in macroeconomics to refer to the assertion that growing the economy of a nation as a whole creates more availability of wealth and work opportunities than does redistribution of wealth.
The diplomat, who earlier served as the Ambassador to Afghanistan and consul-general to Dubai, said Bangladesh needs to start its economic development ‘very vigorously’ before it becomes too late.
“I see the bright future in your society. Your population is very healthy and young. That is an advantage and asset for you. You need to invest more in youths to enter an advanced society. We are with you in this journey with support,” Seong-doo said in his first interview to media after his arrival.
On current political situation, the Korean envoy said each and every country has its own unique and peculiar culture and since independence Bangladesh has gone through some kind of political turmoil. “There’ve been ups and downs. But, I think, the overall Bangladesh is on the right track.”
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