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.
The hidden dangers of behavioural economics
Have you ever wondered why stores tend to have big flashing signs with prices presented in fractions like 3.99 instead of just putting a 4? Well, if you did, then congratulations to you! Because, you are one step ahead in the realm of behavioural economics.
The ‘middle-class’ in Bangladesh: Winners or losers?
The expansion of a country’s middle-class is often regarded as a sign of development. In recent years, there has been a phenomenal rise of the middle-class in Bangladesh, resulting largely from economic prosperity.
Addressing our growing inequality using fiscal policy
Economic growth with the reduction in poverty and inequality are important development objectives in the policymaking process in Bangladesh.
No stars will shine for the farmers
It may seem like a scene from a Cold War-era political thriller: A farmer burns his own paddy field, out of frustration. The food minister declares: “This is a conspiracy against the government!” A parliament whip confronts the minister: “You cannot make fun of the farmers.” Enters the agriculture minister, apparently helpless, and offers his one pearl of wisdom: “More rice is being grown than needed. The farmers are not getting a fair price for their production, but nothing can be done about it now.”
Is Bangladesh’s apparel sector ready for industry 4.0?
Bangladesh has achieved an economic miracle over the past three decades, but it cannot afford to rest on its laurels now.
Prioritise investment in human capital
Education and health play key roles in human capital formation. Investment in human capital formation is considered a means of improving the quality of life and sustaining economic growth. Education and health are regarded as critical pathways to economic development as they increase the productivity of individuals and generate skilled labour force.
Union Digital Centre: Prioritising government’s one-stop rural shop
More than 80 countries have introduced one-stop shops—one-door or single-window service delivery outlets, community or citizen information and service centres, e-government web portals—to reduce corruption by simplifying public service delivery processes and making them citizen-friendly.
Making the most of our demographic dividend
Over the last few decades, the decline in fertility and mortality rates in Bangladesh and subsequent increase in number of working-age population (15-59) relative to the dependents (0-14 and 60+) offer the country an opportunity of accelerated economic growth.
RMG sector's tipping point
Offshoring of apparel manufacturing has been a blessing for many developing countries. The readymade garments (RMG) industry, employer of 4 million workers, mostly rural women,
Bangladesh in the post-industrial world
Bangladesh's economic performance over the last decade has garnered praise from the international community. Multilateral