Located between India and Myanmar, Bangladesh became a nation in 1971 after a bloody war of independence that separated it from Pakistan. The fledgling country has seen its share of natural disasters and famines, as well as political turmoil and military coups, but since 1991, when a system of parliamentary democracy was established, it has experienced relative stability and economic progress. Home to 140 million residents, Bangladesh is the most densely-populated country in the world and also one of its poorest and least developed. Although per capita GDP has more than doubled since 1975, the country remains 147th out of 179 countries on the Human Development Index. Poverty in Bangladesh is in decline, having fallen 20 percent since 1990. Most of this economic growth has been fueled by industrialization in Dhaka and other urban centers, where foreign investors can capitalize on the country’s large, hardworking labor pool and low wages.