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Bangladesh needs to stop relying on its garment sector


Henny Sender is the founder and managing partner of Apsara Advisory, a strategic consultancy for financial services companies. She was previously a managing director at investment company BlackRock.

With almost 180 million people living on low-lying plains between India and Myanmar, the image of Bangladesh is that of a country plagued by disaster, whether natural or manmade. Floods and rising sea levels threaten to inundate the capital city of Dhaka, which like Amsterdam lies below sea level but does not have the means to build dykes and other protective infrastructure. Periodic fires kill hundreds of factory seamstresses, as happened in the industrial sweatshops of New York a century ago.



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