Khulna's Economic Decline Mirrors European Industrial Transformation
1 report, 1 independent
Updated Wed 00:00
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What happened
Khulna, once a major industrial center in Bangladesh, is experiencing economic decline, a trend that is being compared to the industrial transformation occurring in Europe. The city's economic foundations have weakened, leading to a contraction in formal employment opportunities and an expansion of informal livelihoods. Historically, Khulna was supported by manufacturing industries such as jute, textile, and paper.
From thedailystar.net
Why it matters
The comparison highlights the challenges faced by cities when their economic foundations decline while urban issues persist. Khulna's trajectory reflects a pattern of deindustrialization, similar to the large-scale industrial shifts observed across Europe.
From thedailystar.net
Who's involved
- KhulnaMajor industrial center in Bangladesh experiencing economic decline
- EuropeContinent undergoing industrial transformation
- BangladeshCountry in South Asia where Khulna is located
- Khulna Development AuthorityGoverning body responsible for development and planning in Khulna