Re-thinking Economic Development
Contributions by: Minako Sato
This study investigates the impact of agrarian development programs on rural class structure in Bangladesh, and it highlights how the local administration of infrastructure affected the social stratification of villages. Re-thinking Economic Development shows how the so-called Green Revolution was conducive to the formation of the groundwater market and the emergence of the 'waterlords.' The book demonstrates the ways in which the failure of formal finance facilities contributed to the credit flow from the wealthy to the poor, with the transformation of the potato-marketing system and the structure of rural finance.
Publication Date: 4/1/2010