Political instability and its adverse impact on the economy of Bangladesh: Insights from eminent economist Ahsan Mansoor

Political instability and its adverse impact on the economy of Bangladesh: Insights from eminent economist Ahsan Mansoor

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He warned, “If the national election is not credible to the international and domestic public, there will be increased concern over what actions and reactions come from Western countries, which are the export destinations of most Bangladeshi products.”

Meanwhile, foreign countries have expressed concerns over good working conditions for workers, safety of labor union leaders and desired wages in export-oriented garment industries, he said.

Bangladesh’s human rights record was reviewed for the fourth time under the Universal Periodic Review (UPR), a key human rights mechanism of the United Nations. Bangladesh’s human rights record is under scrutiny by the United Nations, the European Union, and the United States. In this case, he said, political solution and steps to secure labor rights are very important.

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