Final answer:
Jeffrey Sachs attributes the progress of working women in Bangladesh to globalization, neoliberal economic policies, and financial remittances from overseas work, which have collectively contributed to job creation and GDP growth.
Step-by-step explanation:
Jeffrey Sachs attributes the increased progress of working women in Bangladesh to several factors related to globalization and neoliberal economic policies. The availability of cheap labor has led to the establishment of sweatshops, which manufacture clothing for global markets, thereby creating jobs for women. Additionally, financial remittances from Bangladeshis working overseas, notably in the Middle East, have contributed to economic development. Sachs views these changes as part of a moral commitment to end poverty within the capitalist system, suggesting that trade liberalization and globalization since the 1990s have helped developing countries, including Bangladesh, to add billions of dollars to their GDP growth.
Moreover, Sachs's analysis might acknowledge the broader socio-economic shifts, such as the expansion in the number of female-headed households and the need to address intra-household inequalities and biases against women. Such economic participation of women has been further influenced by the implementation of neoliberal economic policies worldwide, which focus on open markets and trade liberalization, often leading to increased labor force participation among women as countries seek growth through export-oriented strategies.