Economic development is the precondition of higher living standard <br />Therefore we should focus on economic development at first <br /> <br />We know infrastructural development is a must <br />For economic development of any country <br />So the government should go for it in the first place <br />And if necessary they should go for partnership with private entrepreneurs <br /> <br />Now it’s an open market economy <br />If we want to take off to the sky of prosperity <br />We need to utilize our own resources including manpower <br /> <br />We need to figure out our competitive advantages <br />Because it’s not a hard task for us in the information era <br /> <br />Now-a-days tourism is a lucrative sector for any government <br />Because we are living in the time of globalization <br /> <br />Protectionism is now a history <br />That’s why <br />The role of commercial banks and other financial institutions <br />Is more pivotal than ever <br /> <br />They should provide loan to the industrialists <br />In such a manner and style <br />So that the latter can import cutting-edge tech <br />In order to survive in the fierce competition of open market<br /><br />Asif Andalib<br /><br />http://www.poemhunter.com/poem/economic-development/