A Study of the Patterns of ‘Poverty of Initial Conditions’ Suffered by Colonised Nations: Bangladesh’s Story

By : Bobby Hajjaj

Page No: 121-138

Abstract
The production and perpetuation of the colonial empire have had lasting effects on the colonised. The state of most developing nations as they are today can be traced back to their colonial roots. In this paper, we present evidence showing that colonial empires were based on a relationship of extraction from the colonies. We also show the nature and means of that extraction in Bengal, now Bangladesh. The nature of that extractive relationship and its unintended consequences led to the development of certain types of institutions that created the poverty of initial conditions.
 

Author :
Bobby Hajjaj : Department of Management, North South University, Bashundara, Dhaka 1229, Bangladesh
 

DOI: https://doi.org/10.32381/SEAR.2023.48.9