lifted more than one‐half of its population out of poverty since independence in 1971, and has advanced human development faster than its modest but steady economic growth, averaging more than five per cent per annum since the 1990s, would suggest (Van Schendel, 2009; Lewis, 2011; Chowdhury et al., 2013; Asadullah, Savoia, and Mahmud, 2014).