The Economic Contributions of the USA to Bangladesh: An Evaluation of Bilateral Relations Over 50 Years

Abstract

This study evaluates the bilateral relations between the USA and Bangladesh over the past 50 years, focusing on the USA’s economic, humanitarian, and geopolitical contributions. The study utilizes secondary data and descriptive analysis, supported by quantitative research, to offer a comprehensive overview of this bilateral relationship. The USA has significantly influenced Bangladesh’s economic development through foreign aid, FDI, and trade. It has also provided critical support during natural disasters and crises, including $6 billion in assistance since Bangladesh’s independence. The importance of strong bilateral relations, particularly with global powers like the USA, cannot be overstated for sustaining Bangladesh’s economic growth. This research fills a gap in the literature by thoroughly examining the USA’s role in Bangladesh’s economic development. The study is descriptive; future research could benefit from quantitative modelling.