Asia in Focus - Bangladesh in transition: from crisis to caretaker government

Control Risks

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, delves into the implications for Bangladesh's political future and and its business environment.