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Full Description
Bangladesh is widely seen as a 'paradox'. Over the last quarter of a century, it has maintained economic growth and has outperformed many countries on social indicators while scoring very low on the quality of governance. Moreover, its economic progress does not seem to indicate significant improvement in comparative institutional indicators. Is the Bangladesh Paradox Sustainable? thus examines whether such a paradoxical combination can be sustained in the long run if growth continues with no improvement in the quality of institutions. It argues that although Bangladesh has become the second largest world exporter in the garments, export diversification is needed, both within and outside the garment sector, if it is to maintain its development pace. Based on a thorough account of the country's economic, social and political development, this companion volume analyzes Bangladesh's critical institution- and development-sensitive areas such as the garment sector, banking, taxation, land management, the judiciary, and education. This title is also available as Open Access on Cambridge Core.
Contents
Part I. The Political, Economic, and Institutional Background of Bangladesh's Development: 1. An institutional diagnostic of Bangladesh: an introduction Selim Raihan and Francois Bourguignon; 2. Bangladesh's development: achievements and challenges Selim Raihan and Francois Bourguignon; 3. Critical institutional areas for Bangladesh's development Selim Raihan, Rafiqua Ferdousi and Towhid Iqram Mahmood; Part II. Six Challenging Institutional Areas: 4. Informal institutions, the rmg sector, and the present challenge of export diversification in Bangladesh Selim Raihan, with discussion by Jaime de Melo; 5. Political economy of private bank governance in Bangladesh Mirza Hassan, Sayema Haque Bidisha, Towhid Iqram Mahmood and Selim Raihan, with discussion by Thorsten Beck; 6. Institutional dimensions of tax reforms in Bangladesh Sadiq Ahmed, with discussion by Christopher Heady; 7. Institutional challenges in public spending: the case of primary education Selim Raihan, Zubayer Hossen, Bazlul Haque Khondker, with discussion by Elizabeth M. King; 8. Institutional challenges in land administration and management in Bangladesh Selim Raihan, Md. Jahid Ebn Jalal, Eshrat Sharmin and M. Abu Eusuf, with discussion by Dilip Mookherjee; 9. Political economy analysis of the role of the judiciary in land dispossession litigation in Bangladesh Rafiqua Ferdousi, Kazi Maruful Islam and Selim Raihan, with discussion by Jean-Philippe Platteau; Part III. An institutional Diagnostic of Bangladesh: 10. The Bangladesh institutional diagnostic: the synthesis Francois Bourguignon, Selim Raihan and Umar Salam.