How the World Bank tried to muscle into a newly-liberated Bangladesh but failed – Scroll.in
Bangladeshs heavy dependence on foreign aid in those early years made us vulnerable to pressure from aid donors. This was particularly uncomfortable for those of us in the Commission who had for many years criticised the hegemonic influence of the USA and the World Bank in the politics and policy agendas of the Pakistan state through the 1960s.
In the immediate aftermath of liberation, we discovered that Tajuddin Ahmad was even more strongly inimical to restoring any form of aid dependence on the USA and the World Bank.
When Bangladesh was liberated on 16 December 1971, the World Bank had every expectation of capitalising on the positive position it assumed during the war and hoped to establish ready access to the political leadership and decision-makers in Bangladesh. In early February 1972, Nurul Islam received a message from Cargill that the Bank president, Robert McNamara, was keen to use his official visit to India to visit Bangladesh. He offered to fly from Kolkata to Dhaka by helicopter to discuss the Banks possible contribution to reconstructing the war-devastated economy.
The political mood at that stage was highly nationalistic and animated by suspicion towards the USA. The Banks president was regarded as a card-carrying member of the Washington power elite even though he was no longer serving the government.
Furthermore, the Bank had as yet not formally recognised the sovereignty of Bangladesh by accepting us as a member. There was some suggestion led by Tajuddin Ahmad, who was then minister of finance and planning and was particularly hostile to any idea of restoring Western influence over Bangladesh, that we have nothing to do with the Bank or the USA. Bangabandhu, however, took the position that this would be a gratuitous discourtesy but that no great event should be made of McNamaras visit.
He, the president of one of the most powerful international institutions in the world, was coming personally to this destitute, war-shattered country as an angel of mercy anxious to put Bangladesh under the Banks bounty. He expected the overwhelmed government to lay down a red carpet for him and his Bank.
In their long-standing relations with Pakistan, Cargill as vice-president of the Bank had always been received on arrival by none other than the deputy chairman of the Commission and was royally feted by him. The Bank, at the least, expected similar treatment by Nurul. Cargill hoped to renew relations with me on as cordial terms as when he had hosted me at the Royal Monceau hotel in Paris in 1971. Sadly for the Bank, we were both advised to avoid any direct contact with the Bank.
Whilst the encounter was a major blow to McNamaras ego and reflected poorly on the public relations skills of the new regime, it certainly conveyed to the Bank the political mood in Bangladesh and the awareness that Bangladesh at that stage was unwilling to open itself up as a pasture to donor influence.
In this world, I found no socialists and my idealistic attempts to invoke notions of socialist fraternity in negotiating terms were contemptuously disregarded. We should have learnt from our experience, as we are learning today in our dealings with the Chinese version of socialism, that socialism as we understood it was largely a product of the romantic imagination of the Third World and Western intellectuals of a Left-wing persuasion.
It was virtually impossible on visits to socialist countries to find anyone, apart from leaders of the Communist Party, who was at all inclined to discuss the issue of socialism as it applied to their country or as a general concept. The disintegration of socialism in Europe did not come as a great surprise to me though the speed and totality of the process were beyond my imagination.
In Dhaka, we had already noted how some officials from the economic sections of the various embassies from the socialist countries were making private business deals with Bangladeshi middlemen, usually with political connections, and accumulating small fortunes before they returned home. We noted that some of the principal suppliers to stores in Gulshan of duty-free canned provisions, stores and under-the-counter alcoholic drinks originated from the staff of these embassies.
In those early days, those on the Left entertained the belief that because the West had colonised us and was the principal hegemonic force in the world, they must be challenged at all points. The corresponding notion that openings to the socialist world would provide us with compensatory benefits was founded on our imperfect reading of literature. It was only when we came to do business with them that we learnt of the gap between the imagined and the real world in these countries.
Excerpted with permission from Untranquil Recollections: Nation-Building in Post Liberation Bangladesh, Rehman Sobhan, Sage India.
More:
How the World Bank tried to muscle into a newly-liberated Bangladesh but failed - Scroll.in
- Andrew Wilkes Is Convinced That the Gospel and Socialism Go Together - Sojourners - November 28th, 2024 [November 28th, 2024]
- Socialism Today editorial: Trumpism and its limits - Socialist Party - November 28th, 2024 [November 28th, 2024]
- Editorial: Neither free trade nor protection but socialism - Morning Star Online - November 28th, 2024 [November 28th, 2024]
- Socialism, Coach Doherty & More On The Brett Winterble Show - WBT - November 28th, 2024 [November 28th, 2024]
- Inclusion of socialism, secularism into Preamble didnt reflect the will of the people - India Legal - November 21st, 2024 [November 21st, 2024]
- The Fight for Palestine and the Fight for Socialism is The Same - CounterPunch - November 17th, 2024 [November 17th, 2024]
- Students for Socialism hold press conference near the Arch - Red and Black - November 16th, 2024 [November 16th, 2024]
- No Evidence Obama Suggested Gradually Bringing Socialism to US 'Without the People Realizing' - Snopes.com - November 16th, 2024 [November 16th, 2024]
- Sounding the Alarm: Socialism Against War: Foreword to the German edition - WSWS - November 16th, 2024 [November 16th, 2024]
- Hotbed of socialism in Kipnuk? The village voters who went wild for Cornel West - Must Read Alaska - November 16th, 2024 [November 16th, 2024]
- Book presentation in Nuremberg: Leon Trotsky and the Struggle for Socialism in the 21st Century by David North attracts great interest - WSWS - November 8th, 2024 [November 8th, 2024]
- Lukashenko: The world is increasingly starting to talk about socialism - BYU News - November 8th, 2024 [November 8th, 2024]
- Senator Rick Scott after electoral victory: "There is no place for socialism in the United States." - CiberCuba - November 8th, 2024 [November 8th, 2024]
- Election Day, Rebuttal of Socialism and More on The Brett Winterble Show - WBT - November 5th, 2024 [November 5th, 2024]
- Americans dont understand the Difference between Socialism and Communism How Confusion about Socialism shapes U.S. Elections - Sarajevo Times - November 5th, 2024 [November 5th, 2024]
- Nehru-era legacy of socialism is still an obstacle to progress, but Im an optimist - The Times of India - November 5th, 2024 [November 5th, 2024]
- Socialism has never worked, wouldnt work for Harris admin - Washington Times - October 26th, 2024 [October 26th, 2024]
- Socialism and the fight against war and genocide - WSWS - October 12th, 2024 [October 12th, 2024]
- No one expected socialism, but unless wealth is challenged, whats the point of Labour? - The Guardian - September 24th, 2024 [September 24th, 2024]
- See all the bike paths around the Tri-Cities? Thats socialism coming for us all | Opinion - Tri-City Herald - September 24th, 2024 [September 24th, 2024]
- Socialism means never having to say youre sorry - The Telegraph - September 21st, 2024 [September 21st, 2024]
- Interview | Wrong to Say Kulgam is a Fight Between Islamism and Socialism: CPI(M) Candidate Tarigami - The Wire - September 21st, 2024 [September 21st, 2024]
- LUCIAN DAVIDS: The ANC must be clear socialism or neoliberalism? - EWN - September 19th, 2024 [September 19th, 2024]
- Sitaram Yechury: A champion of socialism and coalition-building - The Tribune India - September 16th, 2024 [September 16th, 2024]
- 10 years on Scottish independence, the British state and the struggle for socialism - Socialist Worker - September 16th, 2024 [September 16th, 2024]
- LETTER: Starmer is a real dud. We face a cost of socialism crisis - Basingstoke Gazette - September 16th, 2024 [September 16th, 2024]
- Party for Socialism and Liberation, Green Party discuss priorities for 2024 election - WABE 90.1 FM - September 3rd, 2024 [September 3rd, 2024]
- Celebrating 75 years of Chinese Socialism - Workers World - September 3rd, 2024 [September 3rd, 2024]
- The SEP intervention in the UAW election and the fight for socialism among autoworkers - WSWS - September 3rd, 2024 [September 3rd, 2024]
- Will the 2024 election be a referendum on socialism? - The Christian Post - September 3rd, 2024 [September 3rd, 2024]
- The Unsung History of Heartland Socialism - In These Times - August 31st, 2024 [August 31st, 2024]
- LETTER: There's a big difference between neighboring and socialism - Midland Daily News - August 31st, 2024 [August 31st, 2024]
- Kamalas Plan to Address Root Cause of Migration: Expand Socialism to U.S. - California Globe - August 31st, 2024 [August 31st, 2024]
- Op-Ed: The conservatism of Gov. Kim Reynolds vs the socialism of Gov. Tim Walz - The Center Square - August 31st, 2024 [August 31st, 2024]
- How China moved from a command to a free market economy and is now restoring socialism - Pearls and Irritations - August 31st, 2024 [August 31st, 2024]
- Cattle futures dont like the prospect of socialism - Beef Magazine - August 20th, 2024 [August 20th, 2024]
- Trump: Democrats Are Party of Socialism - Newsmax - August 20th, 2024 [August 20th, 2024]
- The Crown Jewel of American Socialism - The Future of Freedom Foundation - August 18th, 2024 [August 18th, 2024]
- Kamala Harris's Economic Plan: The Road to Socialism - MacIverInstitute - August 18th, 2024 [August 18th, 2024]
- Democrats are pushing for a radical redistribution of socialism: Rep. Andy Barr - Fox Business - August 16th, 2024 [August 16th, 2024]
- Economic Growth Myth & Why Socialism Is Rising - Real Investment Advice - August 16th, 2024 [August 16th, 2024]
- Adopting free market socialism, a just thing to do - The African - August 16th, 2024 [August 16th, 2024]
- Maybe a little socialism isnt all that bad. We may get legislation that benefits everyone! - Daily Kos - August 16th, 2024 [August 16th, 2024]
- Florida Democrats try to flip the script on socialism attacks with Venezuela - POLITICO - August 14th, 2024 [August 14th, 2024]
- Salazar Mocks Walz's 'Socialism' Comment, Says Latinos 'Cringe' at the Word - The Floridian - August 14th, 2024 [August 14th, 2024]
- Milwaukee, the city hosting the Republican National Convention, has roots in socialism - Madison.com - July 15th, 2024 [July 15th, 2024]
- Why I joined the Socialist Party - Socialist Party - July 15th, 2024 [July 15th, 2024]
- Milwaukee, the city hosting the Republican National Convention, has roots in socialism - Lake Geneva Regional News - July 15th, 2024 [July 15th, 2024]
- Tubeworker/Off The Rails online meeting, 1 August, 3pm: Fighting the far right, fighting for socialism: a discussion with French transport worker... - July 15th, 2024 [July 15th, 2024]
- Party and Class the politics of revolutionary socialism - Socialist Worker - July 15th, 2024 [July 15th, 2024]
- Build the socialist opposition to Starmer's right-wing government! - WSWS - July 6th, 2024 [July 6th, 2024]
- Democratic Socialism Simulator is a reminder of the DNCs weaknesses - Polygon - July 6th, 2024 [July 6th, 2024]
- Sri Lankan workers and youth support public meeting to demand release of Ukrainian socialist Bogdan Syrotiuk - WSWS - July 6th, 2024 [July 6th, 2024]
- France's Problem Is Not The 'Far Right': It Is Socialism, A Warning For All OpEd - Eurasia Review - July 6th, 2024 [July 6th, 2024]
- Socialist America, state capitalist China - Pearls and Irritations - July 6th, 2024 [July 6th, 2024]
- Socialism And Communism Are Weasel Words For Slavery - The Federalist - July 6th, 2024 [July 6th, 2024]
- UK Socialist Equality Party election rally advances socialist and internationalist opposition to war - WSWS - July 6th, 2024 [July 6th, 2024]
- Cuban Leader Daz-Canel Reminds Business Owners: "We're All Here to Save the Revolution and Socialism" - Cuba Headlines - July 6th, 2024 [July 6th, 2024]
- Tories smashed - build the socialist opposition - Socialist Party - July 6th, 2024 [July 6th, 2024]
- Is Keir Starmer a socialist? - The Conversation Indonesia - June 20th, 2024 [June 20th, 2024]
- Assassinations, socialism and conspirators dens: Inside Berlins Rote Insel - The Berliner - June 20th, 2024 [June 20th, 2024]
- Socialist Equality Party candidate Tom Scripps speaks at London hustings - WSWS - June 20th, 2024 [June 20th, 2024]
- UK risks generation of socialism if you vote Reform, Tories say as they warn Labour will change rules to... - The US Sun - June 20th, 2024 [June 20th, 2024]
- Its OK to be angry about socialism | Johnny Leavesley - The Critic - June 18th, 2024 [June 18th, 2024]
- U.K.'s Keir Starmer tones down the socialism in 'changed Labour Party' - The Washington Post - June 18th, 2024 [June 18th, 2024]
- Socialist Equality Party election campaign wins support in Holborn and St Pancras, London - WSWS - June 18th, 2024 [June 18th, 2024]
- Black voters at odds with Jamaal Bowman could help sink him - New York Post - June 18th, 2024 [June 18th, 2024]
- After Macron's snap election call, which way forward against neofascism and war? - WSWS - June 18th, 2024 [June 18th, 2024]
- No to Gaza genocide and NATO war against Russia! Fight for a socialist alternative to Starmer's Labour Party! Build a ... - WSWS - June 18th, 2024 [June 18th, 2024]
- Statements from Japan and Australia demand freedom for Bogdan Syrotiuk - WSWS - June 18th, 2024 [June 18th, 2024]
- Why Kautsky Was Wrong (and Why You Should Care) - Left Voice - May 31st, 2024 [May 31st, 2024]
- Campaign to free anti-war Ukrainian socialist Bogdan Syrotiuk is gaining international support - WSWS - May 31st, 2024 [May 31st, 2024]
- Interested in socialism? Read our book - Socialist Worker - May 31st, 2024 [May 31st, 2024]
- Sri Lanka: Statements demanding the immediate release of Ukrainian socialist Bogdan Syrotiuk - WSWS - May 31st, 2024 [May 31st, 2024]
- Understanding what Democratic Socialists of America are and how they differ from social Democrats - Fullerton Observer - May 1st, 2024 [May 1st, 2024]
- Australia: Gold Coast Gaza rally hears socialist anti-war perspective - WSWS - May 1st, 2024 [May 1st, 2024]
- The Marxists Come Out at George Washington University - Daily Signal - May 1st, 2024 [May 1st, 2024]
- Communists and the party: a contribution to the debate with the Socialist Movement - In Defence of Marxism - March 22nd, 2024 [March 22nd, 2024]
- Leipzig Book Fair: David North to present his book Leon Trotsky and the Struggle for Socialism in the Twenty-First ... - WSWS - March 22nd, 2024 [March 22nd, 2024]
- Portugal's Socialists Highlight the Rot Within the European Left - The European Conservative - March 18th, 2024 [March 18th, 2024]