London, Dec 20 (V7N) — Bangladesh has been named the "Best Country of the Year" for 2024 by the influential British magazine The Economist. The recognition comes after significant political changes in the country following widespread student-led and public protests that toppled the government of Sheikh Hasina in July-August.

In its annual assessment, The Economist selects the best country not based on economic prosperity or happiness, but on the nation's progress compared to the previous year. This year, Bangladesh emerged as the top choice, followed by Syria, with Argentina, South Africa, and Poland also making the final list.

The magazine praised Bangladesh for its peaceful transition of power after the ousting of Sheikh Hasina, who had ruled the nation for 15 years. While she initially drove economic growth as the daughter of independence heroes, her tenure became synonymous with repression, rigged elections, and corruption.

"The student-led protests in August succeeded in removing a dictator and ushering in a new era," the report stated.

An interim government, led by Nobel Peace Prize laureate Muhammad Yunus, has since taken charge, garnering support from various sectors, including students, the military, business leaders, and civil society. The new administration has focused on stabilizing the economy and restoring order.

While lauding Bangladesh's progress, The Economist highlighted the challenges that remain. The interim government must mend relations with India, set a timeline for elections, and ensure an impartial judiciary to allow opposition parties to organize.

Bangladesh's achievement places it alongside past winners such as Greece (2023) for its economic recovery, Colombia for ending its civil war, and Ukraine for its resilience against Russian aggression.

Syria, the runner-up this year, was recognized for its efforts to move past the Bashar al-Assad regime. Argentina, South Africa, and Poland were noted for their reforms and steps towards democratic governance.

Bangladesh’s peaceful transition and commitment to liberal governance make it a standout success story in a year marked by global challenges.

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