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DT<br />

20<br />

Editorial<br />

WEDNESDAY, NOVEMBER <strong>16</strong>, 20<strong>16</strong><br />

TODAY<br />

O intellectuals,<br />

where art thou?<br />

We know a society is healthy and well<br />

when its intellectuals freely express<br />

their opinions<br />

PAGE 21<br />

The Tata is out of<br />

the bag<br />

For entities that are not your local<br />

hardware store but whose interests,<br />

needs, and priorities determine<br />

government policies, we have a right to<br />

know what is going on, even if it affects<br />

them. Lack of transparency is key to<br />

crony power. Truth is people’s power<br />

PAGE 22<br />

An Orwellian<br />

democracy<br />

To reverse America’s Orwellian<br />

democracy, Democrats need to<br />

migrate to sparsely populated, heavily<br />

Republican states, such as, Alaska, the<br />

Dakotas, Nebraska, Wyoming, Idaho,<br />

and Montana en masse<br />

PAGE 23<br />

Be heard<br />

Write to Dhaka Tribune<br />

FR Tower, 8/C Panthapath,<br />

Shukrabad, Dhaka-1207<br />

Send us your Op-Ed articles:<br />

opinion.dt@dhakatribune.com<br />

www.dhakatribune.com<br />

Join our Facebook community:<br />

https://www.facebook.com/<br />

DhakaTribune.<br />

The views expressed in opinion<br />

articles are those of the authors<br />

alone and they are not the<br />

official view of Dhaka Tribune<br />

or its publisher.<br />

Young entrepreneurs are<br />

the future<br />

It is the bold, innovative thinking of our young and enterprising population<br />

that can give Bangladesh a competitive edge in business on the global stage.<br />

The entrepreneurial instincts needed to help Bangladesh develop, so that<br />

it can serve the nation’s growing population, are there already. They just<br />

need to be allowed to flourish.<br />

It is, then, a matter of great regret that Bangladesh has ranked so abysmally<br />

low in the new Global Entrepreneurship Index, coming in at 133rd place among<br />

137 countries.<br />

Only Mauritania, Sierra Leone, Burundi, and Chad are worse places than<br />

Bangladesh in which to start a new business.<br />

While the methodology used in the ranking is not beyond reproach, the<br />

results should still be a cause for embarrassment, and a bit of sober reflection,<br />

for Bangladesh.<br />

Why is it so hard to start a business in Bangladesh? And why are we failing to<br />

nurture our young entrepreneurs?<br />

The sad reality is that entrepreneurs come up against too many barriers when<br />

trying to do business here.<br />

Not only do regulatory barriers frustrate and thwart many promising startups,<br />

the lack of a business-friendly infrastructure, inefficiency, and corruption<br />

in governance serve as hindrances to entrepreneurship.<br />

We can and must take down these institutional barriers holding us back.<br />

For Bangladesh to succeed, it is imperative we create an atmosphere more<br />

conducive to business and enterprise.<br />

The Bangladesh economy has shown tremendous resilience in the face<br />

of domestic problems, and has maintained an admirable growth rate. This<br />

is testament to the creativity and hard work of our entrepreneurs, who have<br />

ploughed on in spite of many obstacles.<br />

Let us do right by our entrepreneurs, and let them take the country forward.<br />

The future of the Bangladeshi economy lies in their hands.<br />

Let us do right by our<br />

entrepreneurs, and let<br />

them take the country<br />

forward<br />

BIGSTOCK

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