A country with much to offer is in the throes of a serious crisis. How will Washington react?
Although situated in close proximity to Afghanistan and Pakistan, Bangladesh has to this point somehow avoided becoming a major headache for Washington. Yet, given recent developments, Bangladesh could soon cause U.S. officials a migraine.
Bangladesh is currently suffering some of the worst political unrest in its history. After several months of unprecedented levels of political violence, a deeply flawed election took place on January 5, the ruling party and opposition are at loggerheads today. With no end in sight to this political crisis, street violence and other unrest is bound to continue—particularly in the wake of heavily politicized trials for war crimes committed during Bangladesh’s 1971 independence war. Washington needs to wake up before the powder keg of this country spirals out of control.
However, first it is important to understand what is at stake. Over the years, Bangladesh has transformed itself in marvelous ways, serving as an example to other developing nations. The Bangladesh Bank (equivalent to the Federal Reserve) has the second highest foreign currency deposits in South Asia after India, while the country’s garment industry has become the world’s second largest. Significantly, this multibillion-dollar industry—housed in the third largest Muslim country in the world—is largely driven by women. In Bangladesh, many more girls are in school than boys.
Furthermore, Bangladesh demonstrates an array of human-development successes, ranging from decreased mortality rates to increased average incomes and less poverty. A Bangladeshi institution, Grameen Bank, has pioneered microcredit financing. Additionally, the world’s largest non-governmental organization, BRAC, has become a globally active entity whose latest tasks include helping rebuild Afghanistan. Corruption notwithstanding, some state institutions—including the Bangladesh army—have an impressive record as well. Some may associate Bangladesh’s army with mutinies and coups, but in fact it has also been lauded for its extraordinary contribution to U.N. peacekeeping missions. In honor of the great services provided by Bangladeshi forces, the African nation of Sierra Leone has declared Bangla its second language.
Source: The National Interest