economic growth

More CEOs expect economic improvement this year

About 36 percent of the CEOs are expecting the economic growth rate to improve, compared to 31 percent in a similar survey conducted last year.

Red tape delays construction of second economic zone in Rangpur

Planned industrial development remains elusive in Rangpur as construction of a second economic zone in the northern district of Bangladesh has been barred by red tape for 16 years now. Besides, the existing industrial enclave of the Bangladesh Small and Cottage Industries Corporation (BSCIC) in the region has fallen into disrepair, forcing entrepreneurs to search elsewhere to set up shops.

How countries prepare for population growth and decline

Around the world, diverse initiatives are being introduced to manage population changes.

Stability without democracy can't sustain growth

Ironically, under the shadow of stability, the quality of economics and politics has been compromised

Electrical equipment makers ignored

The proposed national budget for the next fiscal year does not address the interests of electrical equipment makers, which goes against the government’s aim of establishing Bangladesh as an industry-intensive nation, said an official.

Higher growth not possible without healthy forex reserve

No significant economic growth is possible in Bangladesh without a satisfactory level of foreign exchange reserves, said Syed Ershad Ahmed, president the American Chamber of Commerce in Bangladesh (AmCham), yesterday.  

Driving sustainable and inclusive growth for everyone

Turning potential into reality calls for decisive policy action to foster an enabling environment and to take the necessary steps forward, underpinned by greater commitment, collaboration, and regional cooperation.

Bangladesh approached IMF at the right time

Bangladesh has averted a potential major crisis by reaching out to the International Monetary Fund (IMF) in a timely manner, said Kaushik Basu, a former chief economist of the World Bank.

Can China Save Its Economic Miracle?

To improve medium-term growth, China must heed the lessons of its own history and focus on removing barriers to market entry and entrepreneurship. An economy’s growth rate comes from a combination of an increase in the average size of existing firms (intensive-margin growth) and an increase in the number of firms (extensive-margin growth). A study of the Chinese manufacturing sector that I co-authored with Xiaobo Zhang suggests that during the last few decades, extensive-margin growth accounted for about 70 percent of overall GDP expansion.

November 29, 2022
November 29, 2022

Govt wrests control of energy pricing

Electricity and gas prices can now be adjusted without a public hearing after the cabinet yesterday amended a law, paving the way for introducing dynamic energy pricing in Bangladesh.

November 28, 2022
November 28, 2022

Consumption-led growth could slow economic expansion

Bangladesh may witness slower economic growth in the coming future if it retains the consumption-led growth, which will also exacerbate the widening inequality, said a development economist yesterday.

November 5, 2022
November 5, 2022

How should we address our core labour market challenges?

We need a strategy to deal with youth unemployment and improve women's inclusion into the economy

October 26, 2022
October 26, 2022

Rising inflation: What can be done?

The sharp rise in the rate of inflation witnessed in recent months is worrisome for at least two reasons: it is bad for investment decisions and economic growth, as well as for low-income people, especially those with fixed incomes.

October 22, 2022
October 22, 2022

Are economic growth and biodiversity compatible?

There is no time left to debate whether saving our planet is too expensive, or to keep promoting socioeconomic models that are clearly not working.

October 6, 2022
October 6, 2022

Further delaying climate policies will hurt economic growth

The world must cut greenhouse gas emissions by at least a quarter before the end of this decade to achieve carbon neutrality by 2050. Progress needed toward such a major shift will inevitably impose short-term economic costs, though these are dwarfed by the innumerable long-term benefits of slowing climate change.

September 14, 2022
September 14, 2022

Post-Covid challenges for our labour market

Specific policy incentives are needed to stimulate the economy and revive the labour market.

September 7, 2022
September 7, 2022

Economic growth, peace figure high

Prime Minister Sheikh Hasina and her Indian counterpart Narendra Modi have agreed to work hand in glove to sustain economic growth and maintain peace, security and stability in the two countries and also in the region.

August 28, 2022
August 28, 2022

How to better connect Padma Bridge with south, southwestern Bangladesh

Improving road and railway connectivity is crucial for reaping the benefits of Padma Bridge.

August 20, 2022
August 20, 2022

Good planning requires accurate data

An economy without an independent source of data is like an aircraft flying without its airspeed sensors.

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