The Odds Revisited

Book excerpt: This book looks at Bangladesh at and beyond its fifty years since its formation in 1971. A comprehensive, holistic narrative is constructed to track key development dynamics at the sectoral, sub-sectoral and macro levels. This much-needed exercise dispels the notion that the 'Bangladesh surprise' can be reduced to singular dimensions such as the trauma of the 1971 war or women's empowerment and micro-credit. The mixture of economic history, political economy and institutional and actor analysis provide fresh insights to the themes addressed. A well-argued case to view emerging Bangladesh as the newest member of the Flying Geese club, The Odds Revisited includes a detailed review of macro and sectoral developments over the last fifty years and provides new material and insights into the rise of Bangladesh's capitalist class; a socio-economic perspective of the role of Dhaka-based urbanization; and the rise of a new middle class.