Skip to main content Accessibility help
×
Hostname: page-component-77c89778f8-5wvtr Total loading time: 0 Render date: 2024-07-23T19:16:35.329Z Has data issue: false hasContentIssue false

Conclusion

Published online by Cambridge University Press:  30 June 2022

K. A. S. Murshid
Affiliation:
Bangladesh Institute of Development Studies
Get access

Summary

Despite the Odds

The odds against Bangladesh were heavily stacked as the country faced war, devastation, floods, famine and severe political instability beginning in 1971 and continuing off and on for at least two decades before reaching a semblance of stability. In addition, the country faced a huge burden of poverty, malnutrition and hunger but was bereft of resources with which to tackle these. Despite such grave handicaps, the country registered sharp progress across a large number of fronts, recording improvements in health and education, nutrition and poverty, women's empowerment, water sanitation and food production. It was able to begin the process of export-led industrialization as in other parts of Asia, shedding its aid dependence and ‘basket case’ image, growing steadily at around 5 per cent in the 1990s and over 6 per cent from the early 2000s. This sustained, stable macroeconomic performance, the rapid pace of industrialization and a growing indication of economic diversification suggests that Bangladesh has spread its wings to join the ‘flying geese’ flock of Asia as its latest member behind Vietnam, having in the meantime achieved ‘club convergence’ in its immediate South Asian vicinity.

Food and Population

The GR had already transformed the agriculture of countries like Mexico, Philippines and Punjab (in India and Pakistan). Initially, the GR was focused on wheat but the success of the Philippines, which experienced large rice productivity increases, held out promise for impoverished rice-growing areas in South Asia.

However, for the GR to succeed, preconditions were required, including irrigation and transport infrastructure, rural roads, and complementary inputs like chemical fertilizers and seeds needed to be made available and accessible to farmers. Here, the public sector backed by donors and suitable policy reforms was able to rise to the challenge, despite the widespread reports of poor governance.

This, along with fertility declines, constituted Bangladesh's main achievement of the 1980s and 1990s – one that was central to its development journey.

The impact of the GR was immense: on rural wages, on food prices and consumption, and on poverty, and the government budget and BOP – the last resulting from a much-reduced need to make large food imports.

Type
Chapter
Information
The Odds Revisited
Political Economy of the Development of Bangladesh
, pp. 217 - 232
Publisher: Cambridge University Press
Print publication year: 2022

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Save book to Kindle

To save this book to your Kindle, first ensure coreplatform@cambridge.org is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

  • Conclusion
  • K. A. S. Murshid
  • Book: The Odds Revisited
  • Online publication: 30 June 2022
  • Chapter DOI: https://doi.org/10.1017/9781009128230.012
Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

  • Conclusion
  • K. A. S. Murshid
  • Book: The Odds Revisited
  • Online publication: 30 June 2022
  • Chapter DOI: https://doi.org/10.1017/9781009128230.012
Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • Conclusion
  • K. A. S. Murshid
  • Book: The Odds Revisited
  • Online publication: 30 June 2022
  • Chapter DOI: https://doi.org/10.1017/9781009128230.012
Available formats
×