ABSTRACT

This introduction presents an overview of key concepts covered in this book. The book presents a case study of donors' influence over Bangladesh's national strategy process. It tries to understand the role of different key actors in the formulation process of a development agenda. One of the major contributions of the book that it analyzes, with particular reference to Bangladesh, whether the Bank-Fund truly did want to give space to the loan receiving countries to draw their own agenda of development. The book focuses on the structural adjustment program (SAP), the predecessor of Poverty Reduction Strategy Paper, and its associated issues. SAP, due to its extremely negative impact on the economy of the poor countries, encountered popular resistances across the world and it resulted in bringing new understanding about development strategy within World Bank-International Monetary Fund (WB-IMF). The book provides the analytical framework of ownership in a development strategy and an overview of Bangladesh's engagement with WB-IMF.