A Political Economy Reinterpretation of Bangladesh’s Development Trajectory: From Structural Fragility to Transformative Growth

Gomez, Eelena and Sen, Topon (2026): A Political Economy Reinterpretation of Bangladesh’s Development Trajectory: From Structural Fragility to Transformative Growth.

Abstract

This paper develops a comprehensive and analytically rigorous reinterpretation of Bangladesh’s development trajectory through the lens of political economy and structural transformation theory. It examines the transition from post-war economic fragility to sustained growth, emphasizing macroeconomic stability, export-led industrialization, remittance dynamics, agricultural modernization, and social development outcomes. Drawing on the full body of existing literature cited in the original manuscript, the analysis integrates institutional, structural, and global dimensions into a unified explanatory framework. While Bangladesh’s development record reflects resilience and adaptive policy capacity, enduring constraints related to governance, inequality, environmental vulnerability, and institutional quality raise important questions regarding the long-term sustainability of its growth model.

• Item Type: MPRA Paper
• Language: English
• Keywords: Sustained growth; Macroeconomic Stability; Remittance; Agriculture
• Subjects: A - General Economics and Teaching > A1 - General Economics; A - General Economics and Teaching > A1 - General Economics > A11 - Role of Economics ; Role of Economists ; Market for Economists; B - History of Economic Thought, Methodology, and Heterodox Approaches > B0 - General; D - Microeconomics > D0 - General

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