Irrespective of whether LDC graduation is delayed or not, we must face the music sooner or later. It is time to bite the bullet and focus on productivity. Understanding how firms increase productivity must be at the top of our agenda.
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Society needs a new compact to rein in the empire of corporate giants. This is as true for Bangladesh as it is for the rest of the world. Else we will all descend into the servitude of a new feudal system headed by giant corporations and the handful of their beneficiaries.
The global shortage is real. The demand is guaranteed. The opportunity is enormous.
This is the quiet evolution of empire -- from military enforcement to financial automation. The dollar isn’t dying, at least not anytime soon. It’s being privatized.
20% is better than 35, but there is still a lot of work that needs to be done if Bangladesh wishes to remain competitive in the global marketplace
Without urgent steps to make Bangladesh Bank truly autonomous and accountable, meaningful economic reform will remain incomplete.
Bangladesh's future prosperity depends in large part on enhancing our productivity, but we still lag behind when it comes to gathering the data needed to address the issue, let alone making it a policy priority
Identifying the real problems and who should solve them
The DP World deal could be a game-changer for Bangladesh. We need to not let vested interests or shallow nativism trip us up.
Orthodox macroeconomic policies are having desired effects, with the exchange rate and the central bank’s stock of reserves stabilizing even as import restrictions have been lifted. Higher interest rates have had a dampening effect on economic activities, but very strong remittances have supported household consumption, while exports and public demand also contributed to growth. The economic recovery had started by summer, though pockets of weakness remain, particularly in private investment consumption.
How and why Bangladesh is both heir to a heritage and potential unique in the region. It is our time now
