State, Market and Society in an Emerging Economy
Development and the Political Economy of Bangladesh
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The economic and social development that Bangladesh has achieved in the last two decades has made Bangladesh a ‘Development Paradox". This book tries to explain this paradox through political economy lens. The book explains the linkages between the state, changing society and emerging private sector and examines whether the social transformation taking place in Bangladesh has the potential to live up to the expectations of a middle-income country.
The first part of the book unravels the myriad relations between the state, society, and market to project the aspirations of a newly independent nation. It analyses how political turmoil, militarisation of politics, politicisation of institutions, reforms initiatives, industrial and social development policies, and the power nexus influenced the nature of the political economy of Bangladesh. The book goes on to examine how domestic appetite for capital and raw materials, the digital revolution, and the capacity of the local market to absorb expanded economic activities have created an environment that catalyses innovation and entrepreneurship. The book also explains how the country has attempted to transform from an agrarian to a manufacturing-based economy with rapid growth in the ready-made garment industry, pisciculture, pharmaceutical industry, and ICT sector.
The Bangladesh journey from an emerging economy to its drive towards a developed country would interest those researching on development economics and those in policy making.
Table of Contents
Introduction, Quamrul Alam 1. State and Class: The Paradox of Development and Underdevelopment, Quamrul Alam, Rizwan Khair & Asif Shahan 2. Bangladesh Paradox: The Political Logic of Economic Development, Nizam Ahmed & Asif M Shahan 3. The Development State: The Bangladesh Experience, Rizwan Khair, Quamrul Alam & Asif Shahan 4. Civil Society Organizations in Post-colonial Bangladesh: A Coalition with Business, Civil-military Bureaucracy and Partisan Politics, Shakil Ahmed 5. A historical analysis of the formation of the Bangladesh public administration as an institutionally complex system, Shibaab Rahman, Quamrul Alam, Julian Teicher & Julie Wolfram Cox 6. Institutions and Economic Development in Bangladesh: Case Study of the Political Economy of Banks and Financial Institutions (BFIs), Manzoor Hasan OBE & Kazi N.H. Haque, PhD 7. Infrastructure and Development Aspirations of Bangladesh, Muhammad Fouzul Kabir Khan & Mehreen Adeeba Choudhury 8. Industrial Development Policies and Performances in the Post Independent Period, Fahmida Mostafiz 9. Urban Informal Credit Markets in Bangladesh, Md. Main Uddin 10. Banking Sector in Bangladesh after Financial Liberalization: Promises and Realities, Md. Main Uddin, PhD & Benazir Imam Majumder 11. The Global Energy Crisis and South Asia - Challenges for the Future, Firoz Alam, Saifuddin Ahsan & Quamrul Alam 12. The social class relationship and agrarian transformation in Bangladesh, Ranjan Sha Partha 13. Urbanisation, Governance, and Informality, Md. Taibur Rahman & Khan Rubayet Rahaman 14. Digitalization of Public Service Delivery: Impacts on Economic and Social Development in Bangladesh, Anir Chowdhury, Ishtiaque Hussain & Md. Abdul Mannan 15. Transformation of Rural Bangladesh: Land, Labor, Credit and Agriculture, Benuka Ferdousi & Khandaker M. A. Munim 16. Sustainability and Climate Change: The Bangladesh Scenario, Nurul Qadir & M. Asaduzzaman 17. Opportunities and Impediments of Women Entrepreneurship in Bangladesh, Afsana Islam 18. SDGs in the Era of the Pandemic: Impacts, Implications, and Improvement Insights from Bangladesh, Professor Niaz Ahmed Khan, Ph.D., Alvy Al Srijohn & Md Shaiful Islam 19. Impact of Migrant Workers' Remittances on Rural Bangladesh: A Migrant Smiling Curve Perspective, Shahadat Khan, Ahmed Munirus Saleheen & Farruque Ahmed 20. The Way Forward, Quamrul Alam & Rizwan Khair
Quamrul Alam is a Professor of International Business and Strategy at Central Queensland University. Before joining Central Queensland University, Professor Quamrul Alam worked at Monash University, La Trobe University, and Victoria University of Australia. Professor Quamrul Alam has a strong research and project management background. He has published over 50 journal articles, presented over 100 conference papers and reports, six books, 21 book chapters and chaired many sessions in international public management and governance conferences. Professor Alam has supervised 20 PhD research topics including public governance, regulatory governance, public sector leadership, public-private partnership, economic geography and international business, and local government and disaster management.
Rizwan Khair is currently working as a faculty in the South Asian Institute of Policy and Governance of North South University. A former career civil servant, he also served as Member Directing Staff in Bangladesh Public Administration Centre (BPATC) and was Director of the Institute of Governance Studies (IGS), now known as BIGD of BRAC University. His research interest and writings include public policy, public sector management and reforms, governance, human resource management, managing development and GO-NGO relations. His recent publications include co-editor of Managing Change for Better Public Service Deliver (Routledge) and ‘Participatory Policy Process in Bangladesh: Efforts in Search of Participatory Governance?’–in Public Service Delivery in Bangladesh: Public Policy and Local Government, (UPL, Bangladesh).
Asif M. Shahan is currently working as an Associate Professor at Department of Development Studies, University of Dhaka. He completed his PhD in Political Science and MPA from George Mason University, USA. His key areas of research are- politics-administration relationship, the emergence, evolution, and performance of democratic political institutions especially the institutions of accountability, performance-based accountability, and the politics of policy process.