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.
A defining moment for Europe
Over the past couple of months, a Greek tragedy has been in the making. Doomsayers had made all kinds of prophesies – regarding Greece, Europe, the financial world, and the Euro.
Can the Greek Referendum offer any lessons?
In a historical referendum on July 5, 2015, the Greek voters overwhelmingly sided with the current government in its debt negotiations with its European partners.
Power of NO
During my insensitive, immature childhood years I used to be hugely amused when a few of my South Asian friends from the South of India would shake their heads from left to right, saying Yes.
A Failure of the Eurozone
As with any case of austerity politics, the biggest losers were the working class, as conditions of free market investment benefitted the capital-owning class. These harsh measures eventually led to mass unemployment and underconsumption and as a result the economy suffered even more, worsening Greece's plight.
REPORT CARD ON MR. MUHITH
AL'S affable finance minister is a lucky man having done the national budget more number of times than any other finance minister.
A new era of central banking
Central banks should also be interested in the supply side investments that give the long run growth potential to a nation. Thus it is more important to give credit to a solar plant than a fashionable clothing store.
GREECE REJECTS THE TROIKA
Just after 7 PM Greek time on Sunday, I was told that the “No” vote (Gk. Oxi) was winning approximately 60/40.
Bangladesh needs a new investment regime
Looking at the trend in the investment-GDP ratio since 1979-80, we can suggest four different investment regimes in Bangladesh.
Europe's attack on Greek democracy
The rising crescendo of bickering and acrimony within Europe might seem to outsiders to be the inevitable result of the bitter endgame playing out between Greece and its creditors.
The simple math
A national budget is different from a family budget, in that, the government fixes its expenditure first and then goes for hunting the sources of income, whereas a family gets its income and then determines the items of expenses.