Bangladesh is a developing nation with growth rates of 5-6% per year since 1996 despite political instability, poor infrastructure, corruption, insufficient power supplies, and slow implementation of economic reforms. While Government is achieving reasonable economic growth, still about 40% of the population in the country is underemployed; many participants in the labor force work only a few hours a week, at low wages with almost 30% of the population below the poverty line. Serious infrastructure constraints and shortages of quality human resources are major impediments to further growth.
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