Re-thinking Economic Development

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19. Re-thinking Economic Development:
The Green Revolution, Agrarian Structure and Transformation in Bangladesh.
Fujita, Koichi. February, 2010.


Fujita Koichi’s study investigates the impact of agrarian development programs on rural class structure in Bangladesh and highlights how local administration of infrastructure affected the social stratification of villages. Fujita shows how the so-called Green Revolution was conducive to the formation of the groundwater market and the emergence of the ‘waterlords’. This book demonstrates the ways in which the failure of formal finance facilities contributed to credit flow from the wealthy to the poor, with the transformation of the potato-marketing system and the structure of rural finance.