Years of turmoil have put Bangladesh's fragile economy under stress
The past turmoil in Bangladesh has put a fragile economy under years of stress. Whoever wins the vote today inherits a country that needs to find new engines of growth amid shrinking fiscal space. Bangladesh's rise was previously powered by three engines: The ready-made garment industry, remittances from millions of overseas workers and remarkable agricultural resilience. Concerns are mounting over Bangladesh's banks — regulators were allegedly pressured to mask defaults and repeatedly roll over bad debt. CNA spoke with Professor Naomi Hossain from SOAS University of London.
The past turmoil in Bangladesh has put a fragile economy under years of stress. Whoever wins the vote today inherits a country that needs to find new engines of growth amid shrinking fiscal space. Bangladesh's rise was previously powered by three engines: The ready-made garment industry, remittances from millions of overseas workers and remarkable agricultural resilience. Concerns are mounting over Bangladesh's banks — regulators were allegedly pressured to mask defaults and repeatedly roll over bad debt. CNA spoke with Professor Naomi Hossain from SOAS University of London.