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book July 01, 2004

CHANDABAJI VERSUS ENTREPRENEURSHIP Youth Force in Bangladesh

From Rent-Seeking to Productive Opportunity

Bangladesh Institute of International and Strategic Studies (BIISS) DOI
CHANDABAJI VERSUS ENTREPRENEURSHIP Youth Force in Bangladesh
Publication Details
  • DOI 10.0000/book-35-98sbo2
  • Publisher Bangladesh Institute of International and Strategic Studies (BIISS)
Overview
The overview lays out a practical reform agenda. First, build “opportunity infrastructure”: affordable workspaces, logistics access, digital payments, and one-stop licensing that cuts petty corruption. Second, align training with demand—apprenticeships co-designed with employers, portable credentials, and short, stackable modules for rapid upskilling. Third, widen finance: credit guarantees for first-time borrowers, revenue-based finance, and invoice factoring that respects thin-file entrepreneurs. Fourth, use public purchasing to create markets—set aside small lots with performance bonds scaled to firm size, pay on time, and publish supplier scorecards. Fifth, reinforce rule of law: predictable policing against extortion and illegal tolls, hotline reporting, and swift sanctions that raise the cost of coercion. Social measures include safe transport, childcare options, and women-friendly facilities to unlock participation. The chapter closes with metrics—business survival rates, formalization, youth employment quality and crime trends—tracked in public dashboards. The destination is a fair contest in which enterprise, not intimidation, is the rational choice for Bangladesh’s youth.
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Abstract

Focusing on the political economy of youth livelihoods, this book contrasts two pathways that compete for Bangladesh’s young people: “chandabaji” (rent extraction, gatekeeping and coercive fundraising) and entrepreneurship grounded in skills, networks and innovation. The authors map the ecosystems that channel youth toward one or the other, examining urban informal markets, student politics, local patronage, microfinance and emerging digital platforms. They analyze how regulatory frictions, limited access to capital, and weak contract enforcement create arbitrage for coercive intermediaries, while skills gaps and social norms restrict entry into productive work. Case studies document youth-led enterprises in services, light engineering, agribusiness and IT, illuminating the roles of mentorship, supply-chain integration and standards compliance. The book proposes turning points—skills partnerships with industry, startup-friendly municipal rules, entrepreneurial ecosystems around universities and technical institutes, and credible public procurement windows for small firms. It argues that shifting talent from rent-seeking to enterprise is not only an economic imperative but a security strategy: when young people have dignified options, crime and violence lose recruits and communities gain resilience.

How to Cite
BIISS (2004). CHANDABAJI VERSUS ENTREPRENEURSHIP Youth Force in Bangladesh. Bangladesh Institute of International and Strategic Studies (BIISS). https://doi.org/10.0000/book-35-98sbo2
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