The golden rule of crony capitalism, in which profits are private but losses are social, has led to blatant injustice, as is generally recognised. The extra-market connections of crony capitalists facilitated transactional benefits while leading to entrenched market power, distorted competition, and depressed productivity growth, all contributing to growing inequalities. Yet, attempts to change the crony business model are facing their own dilemmas.
International Day of Happiness in Bangladesh: A cruel joke? Few find joy amidst daily struggles.
Bangladesh inflation soared (5.86 percent to 11.38 percent in 2022-2024), driven by global shocks and food prices.
What started as a moment of hope—a chance to break free from the chains of authoritarian rule—has increasingly turned into a struggle for meaningful reform.
The Bangladesh economy saw its lowest quarterly growth in three-and-a-half years in the first quarter of the fiscal year on the back of political upheaval and severe flood in August.
Arrival of winter vegetables contributes to the decline
The central bank governor made this remark while inaugurating the Golden Jubilee Celebration of Bangladesh Institute of Bank Management (BIBM) in the city.
Our data shows economic pressures and polycrisis have been growing especially since Covid.
"The imposition of higher tariffs on Chinese goods by the Trump administration could prompt international businesses and investors to turn to Bangladesh," Ahsan Khan Chowdhury, chairman of Pran-RFL Group, said today
Rural women have been challenged by loan rates exceeding 25 percent, making access to financial services a distant dream for many
Bangladesh’s wealth inequality keeps getting wider
Despite moderate performance in several SDGs, Bangladesh faces major challenges in actually achieving them.
When I returned to my village after 10 years, I noticed that it had undergone a remarkable transformation in my time away.
Like the refuse of the fish, the working class is also a refuse of the capitalist economy.
To overcome the economic crisis, no doubt, the country needs strong economic leadership, backed by strong political will.
Despite decades of sustained GDP growth and improvements in social indicators, Bangladesh’s economy is now on a fragile footing.
The biggest challenges an inclusive economy is the growing disparity between the rich and the poor, according to economists
Throughout 2023, we have had the "privilege" of hearing a series of controversial comments from our public figures, mainly politicians.
Leaders must work together to ensure greater cohesion
