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.
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
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.
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.
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.
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.
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.
Implementing SDG 6: Watering the seeds of development
Nothing is more useful than water. Ironically, hardly anything can be obtained in exchange for water.
Brexit and its economic fallout
The United Kingdom is now in the midst of a Shakespearean dilemma, “to stay or not to stay”. Voters will decide in a referendum on June 23...
Why do some countries trade more than others?
Heoretically, trade liberalisation results in productivity gains through increased competition, efficiency, innovation and acquisition of new technology.
New Education Budget: To fit the purpose
The Tk. 49,000 crore or US$ 6.3 billion allocated for education, when divided by the estimated 40 million students in the country, amounts to Tk. 12,000 per student public spending for a year or about US$ 150 on average for all levels of education.
Economic clout of G7 waning
What is striking is that finance ministers of the G7 countries, who met from May 20-21, 2016, could not agree on the fiscal policy that the G7 should adopt collectively to address global economic weakness. Japan and the US called members to boost fiscal stimulus, but Germany and Britain insisted on fiscal austerity.
Golden rice: The malnutrition fighting crop
Over the past two decades, Bangladesh has remarkably managed to feed an increasing population better - the UN's Food and Agricultural Organization estimates that in 1993...
RMG: Smartest Strategies
Bangladesh's manufacturing sector has grown steadily as the country has industrialised. Manufacturing now accounts for 30 percent of GDP, nearly double the share of agriculture.
A response to - Bringing electricity to more Bangladeshis
In May 25, The Daily Star, Bangladesh's leading English newspaper, published in print as well as online an opinion article by Bjorn Lomborg titled “Bringing Electricity to More Bangladeshis”.
The price of non-governmental growth
It is well known that since the 1980s, Bangladesh has made astonishing progress on a wide variety of development indicators such as reducing the prevalence of extreme hunger and poverty...
How zakat can eliminate poverty
According to a research done by Dr. Kabir Hassan, Prof. University of New Orleans, it has been calculated that each year BDT 25,000 crore of zakat can be obtained from Bangladesh and if distributed properly each extremely poor family can get two million taka from this huge fund.
Bringing electricity to more Bangladeshis
It turns out that switching five households from kerosene lamps to a single diesel-powered generator would be 12 times more cost-effective than solar power - each taka of spending would do an impressive 24 takas of good.