We need cautious optimists

Depending upon the lens through which one analyses Bangladesh's current economic development, anyone will arrive at different conclusions. This is similar to the parable of four blind men who conclude differently as they touch different parts of an elephant's body. The one touching the tail compares the animal with a rope, the one feeling the trunk thinks it to be a snake, while the one touching the body decides that it must be like a wall. Like the blind, we also miss the big picture if we fail to recognise the different lenses and conclusions. At one extreme are the optimists who embrace free trade, free markets, liberalisation, and privatisation.
Bangladesh needs leaders and policymakers who can see the whole picture at the same time. They have to be cautious optimists. Extremism has made things worse. Extreme optimism has led to a serious backlash that can put economic development on hold. Extreme pessimistic view has maintained the status quo of poverty and desperation. Cautious optimists recognise that inclusive economic development, managed liberalisation and global trade are necessary steps to have sustainable progress. Foreign capital and technology are necessary to create jobs, become efficient, and compete effectively. Cautious optimists recognise that meaningful development cannot be achieved without broad-based investments in infrastructure, education, and healthcare.
However, the rich needs to be sensitive and compassionate. They have a greater opportunity to make a difference in the society. We must engage different viewpoints and temper extreme views for a meaningful development. We need cautious optimists to move ahead.