Bangladesh’s Monetary Policies: A poor dose of the right medicine
Bangladesh Bank has missed the train by caving in to the pressure of the finance ministry, which dictates policymaking at the central bank being driven by short-term political interests.
Time for a new central bank and monetary policy
The recent policy changes have been so enormous that they have already made the old monetary policy largely defunct.
Reward job creators, not profit vultures
The approach to address unemployment has remained faulty, superficial, bureaucratic, and substandard.
A note on re-fixing interest rates on Sanchayapatra
Finally, the government has decided to re-fix interest rates on National Saving Certificates (NSCs) or Sanchayapatra. Hopefully, it will
Quota issue from an economic perspective
Truth shall prevail against lies and falsehood. And economic truths are often ruthless.
Crisis of skills and soaring unemployment
The recent quota movement, which was somehow quelled defying the logic of merit-based competition and fundamentals of a market economy, portrays a pathetic lack of skills among the youth of our nation.
Time to reform the finance ministry for robust growth
It is hard to achieve a growth of around 8 percent, and it will be even harder to maintain this trend unless we reform our ministry of finance (MOF) to steer the economy in the right direction. An MOF is usually the chief conductor of the orchestra of a country’s
Budget FY2019-20: New directions, old roads
This is the first time we noticed a prominent leader of the opposition using an appropriate word, “ambitious”, to describe the budget, instead of branding it as “anti-people.” This is a good sign because the first budget for a new finance minister should be forward-looking.
A note on re-fixing interest rates on Sanchayapatra
Finally, the government has decided to re-fix interest rates on National Saving Certificates (NSCs) or Sanchayapatra. Hopefully, it will
Quota issue from an economic perspective
Truth shall prevail against lies and falsehood. And economic truths are often ruthless.
Crisis of skills and soaring unemployment
The recent quota movement, which was somehow quelled defying the logic of merit-based competition and fundamentals of a market economy, portrays a pathetic lack of skills among the youth of our nation.
Economic costs of poor road management
Once the Huang He river was known as the river of sorrow in China and the river's deadly floods were seen as acts of God. But the Chinese regime changed this narrative through its long-term planning and by transforming the threats into irrigation opportunities.
Why the growing unemployment rate should worry us
When I approached a car insurance company to discuss ways to reduce my insurance cost, the manager advised me to take a study course on defensive driving,
Time to let the youth shine
Had Shakespeare been alive and the opportunity to visit Bangladesh, he would have withdrawn his poem, “Crabbed Age and Youth.” Instead, seeing Bangladesh's politicians, he would have written a new poem, “Shining Age and Subdued Youth.” Rabindranath too would disown his poem, “Expedition of the Youth (Taruner Abhijan).”
Why abolishing the quota system is necessary
While the prime minister's statement on quota abolition in public services has prevented a volcano from erupting, many are shedding crocodile tears to keep the unfair quota system with some temporary treatments; and so the call for reform continues.
No negative reporting, please!
Matern-al uncle, or mama, is an affectionate character in the lives of Bengalis. A typical mama is expected to indulge every whim of his nephews and nieces.