Smooth Election Lifts Ratings

We have raised Bangladesh's short-term political risk rating to 67.7 from 57.3 following the smooth passage of the December 29 2008 general election, which resulted in a landslide victory for the Awami League-led coalition. This has boosted the policy-making and constitutional change subcomponent scores within our rating. In the near term, the main threat to our rating comes from the spectre of rising unemployment amid the global recession, and the possibility that the new government may punish the military for its actions during the period of interim rule (January 2007-January

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