Economics

Economics

Silent role of MFS to keep the economy going

With the advancement of the pandemic, the citizens of Bangladesh are leaning more and more towards adopting Mobile Financial Service (MFS) as their method of money transfer, buying products and services, buying mobile balance and making bill payments.

4y ago

Navigating the socioeconomic perils of Covid-19 in Bangladesh

Despite the depressing state of major indicators such as negative export-import growth; large revenue deficit; falling private sector investment; rising non-performing loans recorded in the last quarter of 2019

4y ago

Stimulus for Bangladesh’s export-oriented enterprises

On March 25, 2020, Prime Minister Sheikh Hasina announced, in her address to the nation, that the government would provide an incentive package of Taka 5,000 crore for export-oriented industries.

4y ago

Financial mobility in an immobile world

The recent outbreak of Covid-19 is an unprecedented global issue, leading many to contemplate difficult questions that are plaguing all of humanity.

4y ago

COVID-19 has exposed the fragility of our economies

The human dimensions of the COVID-19 pandemic reach far beyond the critical health response. All aspects of our future will be affected—economic, social and developmental. Our response must be urgent, coordinated and on a global scale, and should immediately deliver help to those most in need.

4y ago

Economic threats in the time of corona

What will the impact of Covid-19 be on the Bangladesh economy? Overall, it seems inevitable that the GDP gains that were expected to be realised in the current fiscal year are likely to be wiped out.

4y ago

COVID-19 and Bangladesh’s macroeconomic challenges

The world economy is now on lockdown because of the global coronavirus pandemic. Governments and their central banks around the world are wasting no time in dealing with the health and economic implications of this crisis.

4y ago

Implementing SDG 6: Watering the seeds of development

Nothing is more useful than water. Ironically, hardly anything can be obtained in exchange for water.

4y ago

Why the third world should be worried about technological revolution

2017 was a year of spectacle for technology enthusiasts. Robotics, Big Data, and social media have enjoyed the limelight while Elon Musk, Nick Bostrom and Stephen Hawking have raised concerns about developments in Artificial Intelligence (AI).

6y ago

Paying a high price

Living costs in Dhaka have soared so high that it's not just low-income groups struggling to make ends meet—the middle class is feeling the squeeze too.

6y ago

Buoyant but not resilient

With the year 2017 drawing to a close, we are left with both positive and not-so-positive observations from the country's stock market. We all know that after the crash in 2010, the market has been in the doldrums for several years.

6y ago

Bringing multinationals to the stock market

Bringing multinationals to the stock market is one of those long-standing policy challenges regulators have been grappling with for many years now. On the surface, it appears to be an issue of designing the right incentive structure.

6y ago

Bangladesh's offensive and defensive interests

The 11th Ministerial Conference of the WTO (WTO MC11) is going to take place in Buenos Aires, Argentina between December 10-13.

6y ago

China's shift to high-tech: Can Bangladesh keep up?

China remains the undisputed global giant in the textile and apparel industry. Its share of global apparel export is about 37 percent while the share of Bangladesh, the second largest readymade garment exporter in the world, is only about 6 percent.

7y ago

Why tax cuts don't always boost GDP

At a recent event in Dhaka, Dr Mirza Azizul Islam, the former finance adviser to caretaker government, identified a key dilemma that policymakers often face.

7y ago

Emerging markets at risk again

Emerging market governments often draw lessons from previous financial crises—or at least claim to do so—to prevent their recurrence. However, such preventive measures are typically designed to address the causes of the last crisis, not the next one.

7y ago

World economic outlook for 2017 and beyond

The year 2017 can be chalked down as a prosperous one for the world economy. Wherever we live, as we celebrate the end of a good year, we also welcome the incoming year, which, by all indications, we hope, will be a better one.

7y ago

Bearing the economic cost of the Rohingya crisis

Bangladesh has been taking in Rohingya refugees from Myanmar since the 70s, right after independence, and the rate accelerated in the 1990s. Currently, we are sheltering, feeding, and providing various assistance to well over a million refugees and it is possible that the situation might get worse before it gets better.

7y ago