Democratization and Globalization: Policy Paradigm in Bangladesh
摘要
This chapter captures a pivotal tipping point policy shift in Bangladesh, a policy paradigm shift from state control to a neoliberal economic system. The previous empirical chapters illustrated how policy learning occurred in a country grappling with extreme poverty, climate-induced catastrophes, and post-war economic trauma. Within this context, political interactions and technocratic puzzling sought ideas to address socio-economic challenges, leading to a gradual adjustment of the economic system. The governments examined in previous chapters demonstrated that this continuity, between 1972 and 1991, eventually reached a threshold effect, triggered by two key events, ultimately causing the system to tip. As a result, the stringent import substitution model, under state control, transitioned into a neoliberal free-market model, characterized by increased private sector activity.