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

What negotiators should keep in mind

The government of Bangladesh has recently formed a new wage board for the readymade garment (RMG) industry where 4.4 million workers are currently employed. There are around 45 industrial sectors in our country, each with its own set minimum wage. This means that there is no national minimum wage.

6y ago

Clarifying the MIC-LDC confusion

The national development discourse in Bangladesh often mistakenly considers graduating from the Least Developed Country (LDC) category and becoming a middle-income country (MIC) as interchangeable. Senior-level policymakers continue to express their aspiration for the country to join the middle-income group by 2021, which marks the 50th anniversary of Bangladesh's independence.

6y ago

The elusive development model

Remarkable growth experience and development of the East Asian countries (South Korea, Singapore, Taiwan, and Hong Kong) during the 1960s, 1970s, and 1980s led to the emergence of the discourse of “East Asian Development Model.”

6y ago

A look back on the change in world economy during our era

In the 21st century a much larger proportion of aggregate material progress has taken place in what our generation knew as the developing world. This growth has been multidimensional: income per person; increase in life expectancy, health and literacy; and reduction in the proportion of those who are in extreme poverty and destitution.

6y ago

Closing the gap

Reduction of gender inequality is a goal embraced by nations across the globe.

6y ago

What's limiting our potential?

Whenever there is a discussion about trade, investments, exports and economic growth, quite often much focus is placed upon infrastructure as the core challenge of our export growth. But is it the only hurdle?

6y ago

Can we take some pointers?

The annual budget of the central government of India is immediately preceded by an Economic Survey, designed to provide the background to the budget decisions.

6y ago

The megaproject paradox

I have been a voracious consumer of news trivia since my Dhaka University days when I was quite a BBC World News addict.

6y ago

Harnessing ocean resources

The Blue Economy is a new dimension of world economy which combines both aspects of economics and environment based on ocean

6y ago

High tariff's impact on trade

Bangladesh has made a major transition in its trade policy from a protectionist stance to a freer trade regime since the early 1990s as is reflected by the reduction in the average tariff rate from as high as 105 percent in 1990 to 13 percent in 2016

6y ago