
Selim Raihan
Dr Selim Raihan is professor, Department of Economics, University of Dhaka, Bangladesh, and executive director, South Asian Network on Economic Modeling (Sanem). Email: [email protected]
Dr Selim Raihan is professor, Department of Economics, University of Dhaka, Bangladesh, and executive director, South Asian Network on Economic Modeling (Sanem). Email: [email protected]
We should have focused on addressing the macro-fundamentals, which would create a launching pad for the coming year’s fiscal flow.
Addressing the inflationary pressure and the resulting food insecurity of the poorer households need to be the top priority now.
Bangladesh’s economic growth performance has been encouraging, but questions remain regarding the drivers and quality of said growth.
A more comprehensive analysis is needed to gather a complete picture of the hundi business.
One of his finest strengths was his ability to communicate at all levels. He could comfortably address a roomful of diplomats, academics and policymakers, and not miss a beat when speaking to them about his dreams. He could mix with ordinary people from all walks of life, speak in their local dialects, and relate to their problems just as easily.
Dealing with these two major challenges is essential for macroeconomic stability
The volatility of commodity prices in both global and local markets has put ordinary people in Bangladesh in an uncertain situation.
We need a strategy to deal with youth unemployment and improve women's inclusion into the economy
Since it boosts individual productivity and produces a trained labour force, education is seen as a crucial road to economic progress.
Despite the macroeconomic success, Bangladesh faces several long-standing challenges.
The current global political, economic and trade situations are not favourable for a developing country like Bangladesh.
The national budget for the next fiscal year will be the third since the start of the Covid-19 crisis in March 2020. Can we expect it to address the current realities, contexts and challenges of Bangladesh?
Do the official inflation figures in Bangladesh reflect the actual inflation faced by the economically marginalised households in the country?
As we continue to celebrate 50 years of Bangladesh’s independence, there is a need for an elaborate discussion about the development challenges we are about to face in the days to come. Bangladesh’s development challenges are associated with its larger development goals.
Seeing the varying degrees of Covid that the world has experienced over the last one and a half years, we can safely assume that this pandemic is here to stay.
In Bangladesh, small and medium enterprises (SMEs) have heterogeneous characteristics, which are evident from their diverse business activities. However, the discussion on SMEs has a fundamental problem related to the definition and scope.
Around a year and a half have passed since the onset of the Covid crisis.
This year’s national budget will be the second to be implemented amid the ongoing unprecedented economic and social crisis brought on by Covid-19.
In Bangladesh, despite the gradual rise in the investment-GDP ratio over the past three decades, private sector investment, in proportion to GDP, had remained stagnant for years even before the onset of Covid-19. The Covid-19 crisis intensified the problem.
Covid-19 deeply affected the labour market in Bangladesh. It intensified some of the existing challenges and brought about a new set of problems. A large number of people either lost employment or income and many are also experiencing intense job insecurity and uncertainty.
Academics, policymakers and other stakeholders in the Bay of Bengal region and beyond agree on the need for greater integration in this region.
Despite signs of recovery in the economy, there is no denying the fact that the impact of Covid-19 on the labour market can be far reaching.
The Covid-19 pandemic has resulted in an unprecedented rise in poverty in Bangladesh in a very short time span.
As the Covid-19 pandemic left a deep dent on the development trajectories of Bangladesh, the country must set its development priorities right in 2021. Bangladesh aims to achieve the stiff Sustainable Development Goals (SDGs) by 2030, and it aspires to become an upper-middle-income country by 2031.
Covid-19 has generated hugely distressing effects on the economy of Bangladesh.
Covid-19 has brought about an unprecedented crisis in human history in terms of its dimension and scale.
The Covid-19 induced economic crisis has affected the export and import of Bangladesh by large margins. The economic crisis has been exacerbated by the closure or limited operation of businesses during the lockdown at home and abroad.
The fundamental objective of the budget for the next financial year (FY21) should have been to resolve the unparalleled health and economic threats raised by the Covid-19 pandemic, and to restore economic stability. Though the budget has acknowledged the context, it falls short to be a Covid-19 responsive budget.
The economic crisis caused by Covid-19 is deepening in Bangladesh every day.
The effects of Covid-19 on the national economies and the global economy are going to be unprecedented.
The Sustainable Develop-ment Goals (SDGs) are some ambitious development objectives with a total of 17 goals with 169 targets spanning economic, social and environmental dimensions of sustainable development.
There are two contrasting contexts as far as the competitiveness of Bangladesh economy is concerned. On the one hand, the economic growth rate in Bangladesh has been increasing since 2013;
“Policy paralysis” can be described as a situation where critically important laws and reforms are not undertaken or, even if undertaken, not implemented as a result of a lack
There have been four waves of industrial revolution so far in the history of mankind. The first industrial revolution (from the mid-seventeenth century to the mid-eighteen century) took place in Europe and the United States. Dr Selim Raihan is Professor, Department of Economics, University of Dhaka, Bangladesh, and Executive Director, South Asian Network on Economic Modeling (SANEM). Email: [email protected]
One major challenge faced by policymakers in most developing countries is that though conventional measurements of poverty are useful in identifying the poor people in general, these measurements fail to capture the critical sections of the population who are
Economic growth with the reduction in poverty and inequality are important development objectives in the policymaking process in Bangladesh.
Education and health play key roles in human capital formation. Investment in human capital formation is considered a means of improving the quality of life and sustaining economic growth. Education and health are regarded as critical pathways to economic development as they increase the productivity of individuals and generate skilled labour force.
Bangladesh's economic growth and development performance over the past two decades have been impressive.
Despite diverging economic and political trajectories, South Asian countries share commonalities in terms of emerging development challenges in the wake of the new world and regional dynamics.
Bangladesh's economic growth and development experiences over the past four and a half decades since independence in 1971 have generated a lot of interests among academics and development practitioners both from home and abroad.
Today, there are six major macroeconomic challenges for Bangladesh's economy. First, accelerating economic growth and maintaining high economic growth over the coming years will remain a big challenge.
Global climate change has become one of the dominant discourses in the scientific and public policy arena.
The long-term trend of GDP growth rate of Bangladesh shows that the country has continued to improve its rate of growth steadily over the past 46 years after independence in 1971.
The idea of globalisation and free trade has gained prominence in the world over the past three decades. Despite some limitations, globalisation and free trade regime are seen as beneficial for economic development, poverty reduction, and enhanced integration among countries.
Experience from successful industrialised countries suggests that industrialisation brings significant structural change in the economy which leads to considerable reduction in poverty, large-scale job creation and substantial improvement in the welfare of the people of a country.
What is the future economic growth prospect of Bangladesh? An analysis of Bangladesh's past economic growth in a comparative perspective can help find an answer to this question.
According to the official statistics, between 2013 and 2016-17, on average, gross domestic product (GDP) in Bangladesh grew annually by 6.6 percent, and there has been a net increase of 2.8 million new jobs on top of the 60.7 million jobs that existed in the economy in 2013.
Bangladesh has successfully met all three criteria for LDC graduation in the first review in March 2018. It is expected that Bangladesh will be able to meet the graduation criteria in the second review in 2021 and will finally graduate from the LDC status in 2024.
We should have focused on addressing the macro-fundamentals, which would create a launching pad for the coming year’s fiscal flow.
Addressing the inflationary pressure and the resulting food insecurity of the poorer households need to be the top priority now.
Bangladesh’s economic growth performance has been encouraging, but questions remain regarding the drivers and quality of said growth.
A more comprehensive analysis is needed to gather a complete picture of the hundi business.
One of his finest strengths was his ability to communicate at all levels. He could comfortably address a roomful of diplomats, academics and policymakers, and not miss a beat when speaking to them about his dreams. He could mix with ordinary people from all walks of life, speak in their local dialects, and relate to their problems just as easily.
Dealing with these two major challenges is essential for macroeconomic stability
The volatility of commodity prices in both global and local markets has put ordinary people in Bangladesh in an uncertain situation.
We need a strategy to deal with youth unemployment and improve women's inclusion into the economy
Since it boosts individual productivity and produces a trained labour force, education is seen as a crucial road to economic progress.
Despite the macroeconomic success, Bangladesh faces several long-standing challenges.