Bangladesh does not rank well in the Doing Business index: 129th out of 185 economies, falling. Experts agree on the causes of this poor performnance: "lack of regulatory reforms, bureaucratic bottlenecks, infrastructure deficit, pervasive corruption and confrontational politics" according to an editorial in the B. Financial Express. A recent parliamentary initiative to create a "business caucus" to support reform, following the publication of a book suggesting to 'build partnership between parliamentarians and the private sector to modernise and update regulatory mechanism in Bangladesh' is not well received. 'The commerce minister does not agree'. For a long-winded explanation of this double-bind, which is at the root of the problem (no clear picture in the minds of the people in charge), try the Financial Express article dated 4 March.
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