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Submitted by Akhtar Mahmood on

Quite a bit of the growth in Bangladesh appears to have driven by small and medium sized businesses, whether in industry or services. Entrepreneurship seems to have become almost contagious with all kinds of people wanting to start small businesses, emulating friends and relatives. There is a two-way relationship between the spread of the enterprising spirit and growth - each reinforces the other. When an enterprising spirit becomes wide-spread, it can spillover from business to the social sectors as well. I submit that this is another channel by which growth has helped improve social outcomes in Bangladesh, i.e., by nurturing an "enterprise spirit" that has been spilling over from business to the social sectors.