The state itself had deepened inequality as it “sponsored dis-equalising factors”, exempting corporations from taxes and helping banks with liquidity for years on end only to benefit the elite, said Prof Rehman Sobhan, chairman of the Centre for Policy Dialogue, yesterday.
Ultimately, the battle between extractive and inclusive institutions is not just a fight over resources; it is a fight over the future direction of the country.
Leadership failures are most apparent when decisions exacerbate inequality, suppress free expression, and sustain inefficiencies.
In Bangladesh, challenges hindering the achievement of economic equality are: low public expenditure on education, training, health, rural development and social protection.
Issues of fundamental human rights violations, the destruction of social justice, and unjust biases remain central to inequalities and discrimination.
The government needs to set in place irreversible principles and practices that constrain arbitrary power in the future leading to the misuse of popular consent.
Inequalities occur not only in income, but also in non-income dimensions
The vicious cycle of taking loans to pay bills and then taking another loan to pay off the first loan may continue throughout their lives, with little or no real improvement in their living standards.
With great wealth, should there not be great scrutiny and accountability?
The state itself had deepened inequality as it “sponsored dis-equalising factors”, exempting corporations from taxes and helping banks with liquidity for years on end only to benefit the elite, said Prof Rehman Sobhan, chairman of the Centre for Policy Dialogue, yesterday.
Ultimately, the battle between extractive and inclusive institutions is not just a fight over resources; it is a fight over the future direction of the country.
Leadership failures are most apparent when decisions exacerbate inequality, suppress free expression, and sustain inefficiencies.
In Bangladesh, challenges hindering the achievement of economic equality are: low public expenditure on education, training, health, rural development and social protection.
Issues of fundamental human rights violations, the destruction of social justice, and unjust biases remain central to inequalities and discrimination.
The government needs to set in place irreversible principles and practices that constrain arbitrary power in the future leading to the misuse of popular consent.
Inequalities occur not only in income, but also in non-income dimensions
The vicious cycle of taking loans to pay bills and then taking another loan to pay off the first loan may continue throughout their lives, with little or no real improvement in their living standards.
With great wealth, should there not be great scrutiny and accountability?
Bangladesh’s wealth inequality keeps getting wider