IMF’s assessment and the real risks for Bangladesh’s economy
Risk assessments of the kind done by the IMF are not usually done by the government, although it would have been desirable.
3m ago
Transformative power of ChatGPT
If one technological innovation is to be cited for capturing much of the talk time in discussions ranging from drawing rooms to corporate offices and academic institutions, it is ChatGPT. Released by Open AI in November 2022, this is a language model based on artificial intelligence (AI).
1y ago
FY24 budget ignores fiscal policy as a tool for equitable growth
Any effort at halting inequality and reversing the trend has to start from a political commitment, an understanding of the factors at work, and adoption of necessary measures to attain the goals.
1y ago
Meeting the conditions for the IMF Loan
As is well-known, credit from the IMF comes with strings attached, and the latest one is no exception.
1y ago
Is unemployment actually declining?
In countries like Bangladesh, where there is no provision for unemployment allowance, poor people cannot afford to remain without work.
1y ago
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.
2y ago
Race to the bottom must end
The owner of Hashem Foods factory remarked that they were not the ones who set the fire that took 52 lives, including children and adolescents.
3y ago
The war against Covid-19 is also stress-testing our limits as a species
I haven’t visited my children or grandchildren for nearly a year and a half, neither have they visited me. They live in the USA, and I in Europe.
3y ago
October 13, 2020
Make sure economic recovery is not jobless
Use of telephone interview for a survey of income, expenditure and employment is rather ambitious, and I am wondering why a government organisation like the Bangladesh Bureau of Statistics had to resort to this method - even taking into account the difficult environment created by the Covid pandemic.
September 10, 2020
Six months of Covid-19: Is the economy on a path to inclusive recovery?
The Covid-19 pandemic derailed life as a whole and severely disrupted the global economy as well as that of Bangladesh. Looking at the impact on economic growth, the country was cruising at over 8 percent growth of GDP which then came down to 5.24 percent (according to government estimates).
September 4, 2020
Have real wages of workers started to fall?
It is by now well-known that the economic crisis that resulted from the Covid-19 pandemic has severely affected the employment and labour situation – globally as well as in Bangladesh.
June 2, 2020
Asian values or a system of social protection
Steps taken to combat the coronavirus have severely disrupted public life and have put the livelihoods of millions in jeopardy. The global economy is in deep recession, especially the economies of the developed world; and there is a great deal of uncertainty as to when and how it might end. This is perhaps the deepest crisis human beings are facing after the Great Depression of the 1930s and the Second World War.
June 2, 2020
What will happen when overseas employment and remittance dip?
Among all the news about the fallout of the pandemic caused by COVID-19, two pieces of news didn’t escape my attention.
May 1, 2020
Do we know how many lost livelihoods during shutdown?
All over the world, jobs are being lost on a massive scale for measures adopted to fight the health crisis caused by coronavirus, and Bangladesh is no exception.
March 31, 2020
Covid-induced economic crisis and the world of work
The coronavirus disease (Covid-19) that started in China has now become a global health crisis which, in turn, has caused an economic crisis.
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