Zahid Hussain

Dr Zahid Hussain is former lead economist of the World Bank’s Dhaka office.

Where are we heading?

By bringing down a despotic leviathan, the anti-discrimination student movement has earned the moral authority to be spokespersons for the whole nation

3m ago

Rebooting the economy

The crackdown on the nonviolent uprise of the students and the subsequent one thing leading to another chain of events locked down the economy, only figuratively reminiscent of the pandemic in 2020

4m ago

Not much beyond lip service

In their Monetary Policy Statement (MPS) for the first half of FY25, Bangladesh Bank (BB) has stuck to the policy stance already in place. 

4m ago

Not much beyond lip service 

Let’s begin with the central question to gauge what more this MPS could have done to increase the potency of monetary policy in restoring macro-financial stability. 

4m ago

Export data correction was long overdue

Bangladesh Bank’s latest data on the balance of payments has remarkably altered the narrative on the drivers of external stress without changing the signal on the overall stress.

4m ago

Making sense of revisions in balance of payments

Bangladesh Bank's latest data on the balance of payments has remarkably altered the narrative on the drivers of external stress without changing the signal on the overall stress. The bottom line on persistent external imbalance remains pretty much the same but the composition is palpably different

4m ago

A post-election defining moment

The economy has been in a rough patch since 2022 like never before in the past decade and a half

5m ago

Fifty years of learning from rises and slips in the Bangladesh economy

We are hubristically living through our ecological implosion.

7m ago
May 17, 2021
May 17, 2021

Budgeting to make a difference

While the pandemic waves on, the budget should focus on crisis management, prioritising spending on health, targeting fiscal support to distressed families and enterprises, restoring the functionality of education, and building on the resilience demonstrated by agriculture while keeping an eye on revenues. A business-as-usual budget like last year will miss the boat again.

April 8, 2021
April 8, 2021

Pursuing new approaches to deliver quality education is key

In-person schooling in Bangladesh has remained shut since March 2020. Children have already lost a full year, equivalent to 0.6 learning-adjusted years of schooling based on the learning gap implied by the World Bank (WB) in its Human Capital Index (2020) for Bangladesh.

March 8, 2021
March 8, 2021

Activities back, incomes not

We are going through an unprecedented time, which is economically troublesome.

December 30, 2020
December 30, 2020

Expectations From 2021: Vaccination, education and sustained economic recovery

The new year always carries the legacy of the year gone by. Expectations for the new year are naturally conditioned by these legacies. This is true every year. But 2021 is starting from an exceptional footing. Preceded by a prolonged 10 months of unprecedented trauma and fear all the world over, 2021 inherits the legacies of a year that will go down in history as the most cursed in last hundred years.

June 4, 2020
June 4, 2020

Next budget would be an immense balancing act

Next fiscal is likely to be one of the most challenging years from a fiscal management perspective, among others.

May 22, 2020
May 22, 2020

The economics of social distancing

Social distancing has proven to be an effective weapon for dampening the spread of coronavirus.

May 15, 2020
May 15, 2020

Next fiscal year’s budget priorities must be aligned with the needs of the pandemic-hit economy

The coronavirus-infected economy requires dealing with the disease burden and the economic devastation caused by measures to contain the virus.

May 10, 2020
May 10, 2020

Our sudden and decentralised restart is hard to fathom

Bangladesh’s restart is happening, whether science supports it or not.

April 27, 2020
April 27, 2020

Technology is a useful servant. Let’s harness it for social protection, social distancing and community testing.

The government is hard-pressed in responding to the raging coronavirus pandemic with every resource, instrument, policy and strategy it can get its hands on.

April 21, 2020
April 21, 2020

Cash transfer is the assistance the poor need right now

Early data on the poverty impact of the coronavirus-induced coma of the economy, as Nobel laureate economist Paul Krugman characterises it, is rather alarming.