[Attachment(s) from Isha Khan included below]
PROFESSOR AMARTYA SEN AND THE 1974 BANGLADESH FAMINE
by Akhtar Hossain
International Economist, IMF-Singapore Regional Training Institute, Singapore
And Senior Lecturer in Economics, The University of Newcastle, Australia
This paper investigates (within Professor Amartya Sen's entitlement approach) some aspects of economic events that led to the 1974 Bangladesh famine. It argues that this famine was not caused by a sudden decline in the aggregate availability of food by natural disasters; rather, the genesis of it can be traced to expansionary economic policies that the government of Bangladesh undertook immediately after the independence of the country. In fact the process of famine started in 1972 when inflation took off in an otherwise price stable country. By the time inflation exploded in 1974 a large section of the rural people belonging to the lower middle class had already slid downward into the poverty trap.
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