Finance
Taka policy in a changing world
It is still widely believed that depreciation of taka vis-à-vis foreign currencies—especially US dollar—will boost Bangladesh’s export earnings. This is true only if our exports are priced or invoiced in Bangladeshi taka. For example, if a shirt made in Bangladesh is invoiced at Tk 1,000, at an exchange rate of USD 1 = Tk 85, the shirt will cost USD 11.76 in the international market.
Privatisation increases corruption
International financial institutions (IFIs) have typically imposed wide-ranging policy reforms—called “conditionalities”—in exchange for country governments to secure access to financial assistance.
The PM’s China visit
It is undeniable that Prime Minister Sheikh Hasina has, quite deftly, made the most of the fast-changing regional and global geopolitics, eventually emerging as a strong leader in South Asia.
2019 SUMMER DAVOS FORUM / An open world economy in a new era of globalisation
The 2019 Summer Davos Forum, also known as the “World Economic Forum’s 13th Annual Meeting of the New Champions,” was held during July 1-3, 2019 in the coastal city of Dalian in northeast China’s Liaoning province.
Consumer Rights Violations / Why filing complaints is absolutely necessary
I assume there is hardly anyone amongst us who has never felt cheated after buying a product or taking a service in exchange for money.
What does Bangladesh gain from the US-China trade war?
As the US-China trade war intensifies, pundits on both sides of the Pacific and elsewhere are wondering: who is the real winner?
The emerging cracks in our external sector
The robust external sector performance has been a strong pillar on which Bangladesh’s impressive macroeconomic stability and growth of recent years was founded. The strong performance was underwritten by several factors.
Smart priorities for the new government’s first budget
Since 2015, Copenhagen Consensus and BRAC have collaborated on Bangladesh Priorities to create a bridge between policy and research. This is driven by the belief that, with limited resources and time, it is crucial that decisions are informed by what will do the most good for each taka spent.
The new pay scale: Unfounded fear of inflation?
WHO does not like a pay increase? The new pay scale - the proposed increase in the salary of government employees - is likely to be implemented in the upcoming fiscal year beginning from next July.
Smart development goals
By September, the world's 193 governments will meet in New York and agree on a set of ambitious, global targets for 2030.
BB's restructuring of large loans
RESTRUCTURING of large loans of large corporate groups facing repayment difficulties due to adverse circumstances beyond control is a routine practice in developed and developing economies, including neighbouring India.
Tracking climate finance
AT the global level, developed countries have pledged to provide $100 Billion every year starting from 2020 to developing countries to tackle
Redefining goals of the upcoming budget
THIS is the time of the year that draws the attention of most people on economic and financial matters. The Finance Ministry and the National
Development vs democracy
THE Western media was all about Lee Kuan Yew, the founding father of modern Singapore, when he died recently.
A 100% Opportunity at a 2% Cost
APRIL 24, 2013 changed our lives forever. We woke up to altered realities of manufacturing where new safety standards became our sole tool of survival. Platforms like Accord and Alliance stepped in.
The Hurt of the Average
WE are objective and neutral in our assessment when it comes to sourcing”, announced a brand's moderator in a conference held for the benefit of twenty global manufacturers in Hong Kong forty-eight hours ago. Sitting right by the Harbour with a splendid view of the waves crashing against the rocks, the meeting soothed most of us while we listened to the stories from the other readymade garment suppliers from the other parts of the world, namely Pakistan, India, China and Myanmar.
When Politics Stifles Economic Growth
THE significance of political factors on economic performance is well established in the theoretical and empirical literature. Channels of political impact on the economy are many. Political instability takes a toll on economic growth through lower investment and subdued economic activities.