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Tuesday Aug 27, 2024
Bangladesh in transition: from crisis to caretaker government
Tuesday Aug 27, 2024
Tuesday Aug 27, 2024
In the past few weeks, we have seen a tectonic shift in Bangladesh’s political landscape. Former Prime Minister Sheikh Hasina – who ruled for the last 15 years with what some describe as an Iron Fist, particularly against the opposition – resigned and fled the country in early August following weeks of unrest, which began as student-led demonstrations against job quotas and grew into a nationwide movement that resulted in significant violence.
Now, Nobel laureate Mohammed Yunus is stepping in to lead a caretaker government amid a volatile economic climate, following last year's IMF bailout.
Angela Mancini, Partner, and Aryaman Bhatnagar, Senior Analyst, delve into the implications for Bangladesh's political future and and its business environment.