Bangladesh Has Dysfunctional Politics And A Stunted Private Sector. Yet It Has Been Surprisingly Good At Improving The Lives Of Its Poor
Bangladesh was the original development “basket case”, the demeaning term used in Henry Kissinger’s state department for countries that would always depend on aid. Its people are crammed onto a flood plain swept by cyclones and without big mineral and other natural resources. It suffered famines in 1943 and 1974 and military coups in 1975, 1982 and 2007. When it split from Pakistan in 1971 many observers doubted that it could survive as an independent state.