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.
Why it Hurts
The 7.5 percent VAT on the tuition fees of private universities was based on the hypothesis that rich and well-off parents send their wards to private universities.
Expectations from new monetary policy
The monetary policy for the fiscal year 2016 is coming soon. Its arrival in the wake of the recently announced budget will build the bridge between the Ministry of Finance and Bangladesh Bank, heralding coordination between fiscal and monetary policies.
MAKING USE OF UNUSED LANDS
The government has recently taken a decision to merge the Board of Investment (BOI) and the Privatisation Commission to quicken the process of boosting investment and industrialisation in the county.
MAKING USE OF UNUSED LANDS
The government has recently taken a decision to merge the Board of Investment (BOI) and the Privatisation Commission to quicken the process of boosting investment and industrialisation in the county.
Financing Sustainability: Pathways to Scale
Our global and complex economy does many things well, but achieving equitable and sustainable outcomes, or in other words 'sustainable development', has not been one of its strengths.
The rise of shadow education
Whenever initiatives to tax these services are taken, the burden invariably falls on the consumers. How does one track the real income when all transactions are done through cash? Cash transactions can be dodgy on both sides. The payee of tuition fees could very well be a tax evader as well.
ECNEC decision will make lawmakers lawbreakers
On July 7, 2015, ECNEC approved the Rural Insfrastructure-2 project, designed to allocate Tk. 6,076 crore to 284 MPs. Under this project, each MP will be allowed to develop infrastructure projects worth Tk. 20 crore, which will be implemented by the Local Government Engineering Department (LGED).
Resolving Greece's Debt Crisis
Greece's desire to stay within Eurozone is a seriously constrained choice for its economy. This is because it will continue to plague price competitiveness of Greece's exportables in the rest of the world.
When is Bangladesh's next graduation?
Bangladesh's recent graduation to the lower middle income group has surprisingly received cynical comments from some corners.