Unrest threatens Bangladesh's hard-won progress
Published on Jan 5, 2014 12:13 PM
DHAKA (AFP) - An extended post-election political crisis could unravel much of the recent economic progress in Bangladesh which is still counting the cost of a series of disasters in its vital garment industry.
While still one of Asia's poorest nations, Bangladesh has posted annual growth figures of around six percent over the last five years and its poverty rate has fallen by some two percentage points.
Once branded a "basket case" by US secretary of state Henry Kissinger, it was more recently named one of Asia's "Emerging Tigers" by US investment house Goldman Sachs.
Sunday's election was meant to have been a chance for the young nation to demonstrate its democratic credentials to the international community.
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