OPEN SKY

OPEN SKY

Opinion / Why is the banking sector crisis so deep-rooted?

The regime-sponsored immorality to protect or pamper the financial gangsters not only eroded the future of the banking sector, but also made the wound too difficult to recover from.

3w ago

The renaissance of Bangladesh Bank and some expectations

We hope that the BB governor will continue the momentum and spirit to bring order and promote the economy.

3m ago

Can the new leadership save the economy?

Never has this country seen such a scholarly leadership team for economic policymaking in its history

4m ago

Opinion / A philosophically incorrect, structurally frail budget

When commitments don’t match with actions, the budget becomes methodologically disturbing too.

6m ago

The concept of a public institution eludes our central bank

BB has recently restricted the journalists’ access for no reason in sight.

7m ago

Why do people stash dollars under pillows?

It's because of the inflation-led pressures on Bangladesh’s taka and the central bank's undervaluation of the US dollar.

9m ago

New monetary policy is appropriate in direction, but inadequate in dosage

Why this behind-the-curve approach to fighting inflation?

10m ago

Why our balance of payments won’t balance out post-election

With the facade of the elections at its height, prevailing financial issues seem to have faded into the background.

11m ago

The corona-clenched economy: Changes and policies

Alan Greenspan, who led the US Federal Reserve for two decades, was summoned in congress and testified that the financial crisis of 2008-2009 was an economic tsunami which could happen once in a century.

4y ago

Time to reform the finance ministry for robust growth

It is hard to achieve a growth of around 8 percent, and it will be even harder to maintain this trend unless we reform our ministry of finance (MOF) to steer the economy in the right direction. An MOF is usually the chief conductor of the orchestra of a country’s

5y ago

Budget FY2019-20: New directions, old roads

This is the first time we noticed a prominent leader of the opposition using an appropriate word, “ambitious”, to describe the budget, instead of branding it as “anti-people.” This is a good sign because the first budget for a new finance minister should be forward-looking.

5y ago

A note on re-fixing interest rates on Sanchayapatra

Finally, the government has decided to re-fix interest rates on National Saving Certificates (NSCs) or Sanchayapatra. Hopefully, it will

6y ago

Quota issue from an economic perspective

Truth shall prevail against lies and falsehood. And economic truths are often ruthless.

6y ago

Crisis of skills and soaring unemployment

The recent quota movement, which was somehow quelled defying the logic of merit-based competition and fundamentals of a market economy, portrays a pathetic lack of skills among the youth of our nation.

6y ago

Economic costs of poor road management

Once the Huang He river was known as the river of sorrow in China and the river's deadly floods were seen as acts of God. But the Chinese regime changed this narrative through its long-term planning and by transforming the threats into irrigation opportunities.

6y ago

Why the growing unemployment rate should worry us

When I approached a car insurance company to discuss ways to reduce my insurance cost, the manager advised me to take a study course on defensive driving,

6y ago

Time to let the youth shine

Had Shakespeare been alive and the opportunity to visit Bangladesh, he would have withdrawn his poem, “Crabbed Age and Youth.” Instead, seeing Bangladesh's politicians, he would have written a new poem, “Shining Age and Subdued Youth.” Rabindranath too would disown his poem, “Expedition of the Youth (Taruner Abhijan).”

6y ago

Why abolishing the quota system is necessary

While the prime minister's statement on quota abolition in public services has prevented a volcano from erupting, many are shedding crocodile tears to keep the unfair quota system with some temporary treatments; and so the call for reform continues.

6y ago