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

Roadblocks to our potential growth

When a mother claims that her son could have achieved a grade of A though he actually earned B+, we understand the son performed below his potential and did not work to his fullest capacity for the test.

7y ago

Why have we failed to promote tourism?

We ‘gloriously' occupied the 125th position among 136 nations of the world in the Tourism Competitive Index 2017 – we have been ranked the worst place to visit in South Asia.

7y ago

How to prevent the free fall of remittances

On the sidelines of an investment summit in Singapore in 2015, I wanted to act like Caliph Haroon and make a foray into the illegal remittance market to find out why people prefer hundi (used as a form of remittance instrument to transfer money from place to place, as a form of credit instrument or IOU to borrow money and as a bill of exchange in trade transactions) over legal channels.

7y ago

How to 'empower' economic growth

Empowering' economic growth should be the prime agenda for the nation right now when growth is slowing down. This is a challenging task that can be done by ensuring the marriage of optimal investment policies with the right institutions.

7y ago

The failure of the Happiness Index

My next-door neighbour in upstate New York was an old woman named June. Her husband Herbert was housed in a care centre for the elderly. They had grown-up kids living in different states of the US from where they made rare visits to their parents.

7y ago

When greed takes over

One of the plays of five-time nominee for the Nobel Prize, Maxim Gorky, was improvised in Bengali and was named Abirampaurutibhakshan (eating loaves continuously).

7y ago

A booster for default syndrome

When I joined the central bank more than two years ago, I witnessed the proposal of big loan restructuring. One phrase economists care about is “moral hazards.”

7y ago

Making the budget more vibrant

The budget is a seasonal music that hardly runs out of notes. Most people criticise it as ambitious although that is how it ought to be.

7y ago

Sanchaypatra: The Titanic will sink

In 1971, my father took us to Meghalaya where our painful refugee life began. We were on daily rations. As a little boy, I used to stand in the queue and sometimes rations ran out before I reached the counter.

7y ago

Love Bangla but do not hate English

The two tests my school friends hated the most were English and Math. When I was a college boy at a Dhaka residential school, one of my friends did not eat egg for breakfast on the date of English exams lest he scores less in the subject.

7y ago