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Is the Bangladesh Paradox Sustainable?
The Institutional Diagnostic Project

Selim Raihan, Francois Bourguignon, Rafiqua Ferdousi, Towhid Iqram Mahmood, Jaime de Melo, Mirza Hassan, Sayema Haque Bidisha, Thorsten Beck, Sadiq Ahmed, Christopher Heady, Zubayer Hossen, Bazlul Haque Khondker, Elizabeth M. King, Md. Jahid Ebn Jalal, Eshrat Sharmin, M. Abu Eusuf, Dilip Mookherjee, Kazi Maruful Islam, Jean-Philippe Platteau, Umar Salam
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  • Date Published: January 2024
  • availability: Not yet published - available from October 2024
  • format: Hardback
  • isbn: 9781009284691

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About the Authors
  • 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.

    • Provides an in-depth account of challenges facing Bangladesh's industrial development and economic growth
    • Provides a full account of Bangladesh's economic, social and political development over recent decades
    • Identifies the institutional weaknesses and roots and consequences for Bangladesh's development
    • Open Access Title
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    Product details

    • Date Published: January 2024
    • format: Hardback
    • isbn: 9781009284691
    • length: 444 pages
    • dimensions: 235 x 155 x 27 mm
    • weight: 0.846kg
    • availability: Not yet published - available from October 2024
  • Table of 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.

  • Editors

    Selim Raihan, University of Dhaka, Bangladesh
    Selim Raihan is Professor at the Department of Economics, University of Dhaka, Bangladesh and the Executive Director of the South Asian Network on Economic Modeling (SANEM). He is a Honorary Senior Research Fellow at the University of Manchester, UK. Member of the Board of Directors, Global Development Network. His publications include more than 100 articles and 10 books.

    François Bourguignon, École d'économie de Paris and École des Hautes Etudes en Sciences Sociales, Paris
    François Bourguignon is an Emeritus Professor of Economics, the Paris School of Economics, and School of Advanced Studies in Social Sciences (EHESS), Paris. He is a Former Chief Economist and Senior Vice President of the World Bank and the Co-founder of the European Development Network. His awards include Dan David Prize and CNRS silver medal.

    Umar Salam, Oxford Policy Management
    Umar Salam is Principal Economist, Oxford Policy Management, and a Scientific Committee Member for the Economic Development and Institutions (EDI) Programme.

    Contributors

    Selim Raihan, Francois Bourguignon, Rafiqua Ferdousi, Towhid Iqram Mahmood, Jaime de Melo, Mirza Hassan, Sayema Haque Bidisha, Thorsten Beck, Sadiq Ahmed, Christopher Heady, Zubayer Hossen, Bazlul Haque Khondker, Elizabeth M. King, Md. Jahid Ebn Jalal, Eshrat Sharmin, M. Abu Eusuf, Dilip Mookherjee, Kazi Maruful Islam, Jean-Philippe Platteau, Umar Salam

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