Course

Market reforms in Bangladesh

Instructor: Tyler Cowen, George Mason University

In the 1970s, the food situation in Bangladesh was quite grim. It had some of the worst agricultural policies in the world, and market price signals were not

In the 1970s, the food situation in Bangladesh was quite grim. It had some of the worst agricultural policies in the world, and market price signals were not allowed to operate. In the 1980s a series of reforms that lasted for 15 years completely changed this, leading Bangladesh to adopt some of the best agricultural policies in the world. Post-reform, Bangladesh had among the freest and least subsidized agricultural markets in all of South Asia.

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