Summary
Bangladesh achieved its independence in 1971. The year 2021 marks its 50th anniversary. The country has come a long way since its birth and, in 2020, graduated as a member of the middle-income countries category by maintaining a steady economic growth of 6-7 percent over the years. It has been able to hold on to its democratic processes over the years, despite the numerous obstacles thrown at it periodically. However, currently there is a serious concern about fairness of national elections, freedom of speech, growing inequality, and gross violation of human rights.This paper will explore the multidimensional aspects of poverty, including social, political, environmental, economic, and psychological. It will examine factors that are contributing to inequality such as population, economy, politics, education, religiosity, inclusion and diversity, corruption, leadership, and disaster impacts. All these elements have severe consequences for the limited social safety net prevalent in the country. The residual approach of the social safety nets is a major impediment to human security in Bangladesh. Inequality caused by poverty will be analyzed based on population as well as several other indices: poverty line, Gross Domestic Product (GDP), Human Development Indicator (HDI), and Human Poverty Index (HPI). Impacts of the COVID-19 pandemic are further deteriorating the socioeconomic and political condition of Bangladesh and widening the inequality that threatens its democracy and human security.
Keywords (separate with commas)
Inequality, Democracy, Human Security, Governance, Human Rights