Do you ever read the development history of other countries, especially that of Japan? How about Japan participating in WWl in 1914? How about its capturing of Taiwan in 1895, Korea in 1910 and Chinese Manchuria in 1931? How about annihilating Russian navy, the strongest in those days, in 1905 in the East Japan Sea? All these by American help?
Do you think it was possible to do so without industrializing the country? No country ever spoon-fed Japan. At the start of Meiji Restoration on January 3, 1868, Japanese leaders felt their country was 200 years behind Europe and it had to catch up with them.
So, they started infrastructure development with the help of European companies, especially the British, by selling its silk, gold and copper stocks, and paying in cash. There was no existence of free money from foreign credits, IMF, WB, ADB and many lending agencies in those days. It was all self-help.
So, Japan put into effect a system whereby the local engineering companies learned from the German, British or Netherland engineering companies. The next phases of development were all done by these same Japanese companies that learned from the foreign companies. No spoon feeding by others.
Its first railway, a 29km Tokyo-Yokohama stretch, was done by a British company in 1872. Today, Japan has more than 27,000 km of rail lines. Do you think, America came and built this? All were done by Japan. By its own technology and efforts, Japan developed the high-speed Shinkansen Bullet trains, the first ever in the world,
So, there was no American speed-feeding. It is true even after WWll. American Marshall Plan money (130 billion dollar in today's money) was used to help European countries, but, was not extended to an Asian country, Japan. Japan did everything by itself and also helped its colonies in Asia to industrialize during its stay there. Read that history by yourself.
Bangladesh is being spoon-fed for the last 73 years since 1947. Yet, it remains the most underdeveloped country because since 1971 it is following a wrong policy of non-development of its own manpower and technology.
I do not see any reason BD will ever develop. Morning shows the day. And I do not see any signs of a bright morning. And we should know that a few infrastructure projects done by India and China are no recipe for development.
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