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Assignment-3: Submitted By: Abdullah Ar Rafi 183130025 Date of Submission: 25.6.2021

This document summarizes a report on corruption in Bangladeshi business. It argues that corruption exists at both micro and macro levels in Bangladesh and threatens to become normalized. While salaries have increased, bribery remains widespread. There is a lack of good governance, weak rule of law, and corruption allows unsafe facilities to operate. As Bangladesh becomes an upper-middle income country, maintaining high growth alongside high corruption will be a challenge. The report compares Bangladesh's global corruption ranking to other countries.

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AR Rafi
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47 views

Assignment-3: Submitted By: Abdullah Ar Rafi 183130025 Date of Submission: 25.6.2021

This document summarizes a report on corruption in Bangladeshi business. It argues that corruption exists at both micro and macro levels in Bangladesh and threatens to become normalized. While salaries have increased, bribery remains widespread. There is a lack of good governance, weak rule of law, and corruption allows unsafe facilities to operate. As Bangladesh becomes an upper-middle income country, maintaining high growth alongside high corruption will be a challenge. The report compares Bangladesh's global corruption ranking to other countries.

Uploaded by

AR Rafi
Copyright
© © All Rights Reserved
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Download as DOCX, PDF, TXT or read online on Scribd
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Assignment-3

MKT 427
Submitted by:

Abdullah Ar Rafi

183130025

Date of submission:

25.6.2021
Corruption in Bangladesh business: is it getting better or worse?
It has long been argued that there is a strong connection between governance, ethics, integrity, and
corruption, all of which are the product of a complex interplay of political, economic, social, and even
psychological factors and forces. In the case of Bangladesh, argue that there exists an integrity-
governance-corruption nexus in the country, as a result of which all the organs of government have
become pervaded by corruption. Some argue that an apparent declining commitment to democratic
norms might also effect levels of corruption in the country. In 2017, Bangladesh’s score in the Economist
Intelligence Unit’s Democracy Index fell to its lowest ever. Its overall score of 5.43 out of 10 placed the
country 92nd out of 165 countries assessed. While the country's points in all other categories remained
essentially unchanged, the score in civil liberties dropped from 6.76 in 2006 to 5.29 in 2017, reflecting
concerns among rights activists, and leading to the categorisation of Bangladesh as a "hybrid regime".

Such a volatile scenario creates a breeding ground for politics to be “monopolised” and the concomitant
flourishment of various drivers of corruption, including complex bureaucratic environments, weak rule
of law, the absence of effective checks and balances, as well as a low level of judicial
independence.Corruption is so pervasive at both micro and macro levels that it threatens to become a
way of life. Elites in Bangladesh may well have manipulated the political process to suit their own ends,
just as they have developed elaborate corrupt practices both to look after their friends and to preserve
their own positions in power. The biggest impediment against effective corruption control in
Bangladesh, as is the case in most other countries where corruption is pervasive, is that political
commitment remains far from truly enforced without fear or favour, which allows corruption to be often
condoned and protected. Thus, due to the high levels of corruption at the top, and the consequent poor
enforcement of legislation and often biased to favour those with political connections, there is a
requirement for graft to be weeded out not just by top-down but also bottom-up approaches, including
the media and civil society.

Although salaries in the public sector have increased over the past few years, bribery remains

widespread and constitutes an important source of income of public officials in Bangladesh. There is a
high risk of corruption in the Bangladeshi land administration. Companies express insufficient
confidence in the government’s ability to protect property rights. Bangladesh’s most prominent
construction scandal is the collapse of an eight-storey garment factory in April 2013, which killed over
1,100 people. The factory suffered from a faulty construction that violated building codes. The incident
highlights the larger issue of a lack of good governance, corruption, limited resources, bribes involved in
licensing and permits, or collusion between factory owners and safety inspectors, which allows facilities
to remain operational even when dangers are identified, much to the detriment of workers’ health and
safety. Anti-corruption efforts have been weakened by politicised enforcement and subversion of the
judicial process under the incumbent AL government . The judiciary does not always protect the
constitutional right to a fair and public trial due to corruption, partisanship, and weak human resources
and institutional capacities.
For such and many other reasons, it can be arguably suggested that Bangladeshi businesses faces
immense corruption at various levels. The question is whether this growth rate would continue for year
after year amid this regression of good governance?

Professor at Princeton University Avinash Dixit and professor at Oxford University Lant Pritchett said it is
possible for a country that is in the lower rung of development to progress without good governance.
The reason is low income country has many possibilities for growth and it possible to achieve it using all
those corrupt devices. But the necessity of good governance increases when a country advances into a
middle income one from low income country. The relation between good governance economic
progress is not linear then.

Bangladesh, now a lower-middle income country, is supposed to progress into a developing country
from least developed country (LDC) by 2024. As a result, many types of facilities won’t be there. The
world economy is also likely to see ups and downs. In this context it is a matter to observe how long the
high growth rate could be achieved alongside high level of corruption.

Global Corruption Index


Denmanrk has the most score of Corruption Perception Index as suggested by Transparency
International, while Bangladesh ranks as the 146 th on the list.

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