economic growth
Driving sustainable and inclusive growth for everyone
Turning potential into reality calls for decisive policy action to foster an enabling environment and to take the necessary steps forward, underpinned by greater commitment, collaboration, and regional cooperation.
Bangladesh approached IMF at the right time
Bangladesh has averted a potential major crisis by reaching out to the International Monetary Fund (IMF) in a timely manner, said Kaushik Basu, a former chief economist of the World Bank.
Can China Save Its Economic Miracle?
To improve medium-term growth, China must heed the lessons of its own history and focus on removing barriers to market entry and entrepreneurship. An economy’s growth rate comes from a combination of an increase in the average size of existing firms (intensive-margin growth) and an increase in the number of firms (extensive-margin growth). A study of the Chinese manufacturing sector that I co-authored with Xiaobo Zhang suggests that during the last few decades, extensive-margin growth accounted for about 70 percent of overall GDP expansion.
Govt revises down growth forecast
The government has trimmed its growth forecast for this fiscal year by a whole percentage point to 6.5 percent as the energy shortage and inflation dampened economic activities.
Govt wrests control of energy pricing
Electricity and gas prices can now be adjusted without a public hearing after the cabinet yesterday amended a law, paving the way for introducing dynamic energy pricing in Bangladesh.
Consumption-led growth could slow economic expansion
Bangladesh may witness slower economic growth in the coming future if it retains the consumption-led growth, which will also exacerbate the widening inequality, said a development economist yesterday.
How should we address our core labour market challenges?
We need a strategy to deal with youth unemployment and improve women's inclusion into the economy
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.
Are economic growth and biodiversity compatible?
There is no time left to debate whether saving our planet is too expensive, or to keep promoting socioeconomic models that are clearly not working.
Driving sustainable and inclusive growth for everyone
Turning potential into reality calls for decisive policy action to foster an enabling environment and to take the necessary steps forward, underpinned by greater commitment, collaboration, and regional cooperation.
Bangladesh approached IMF at the right time
Bangladesh has averted a potential major crisis by reaching out to the International Monetary Fund (IMF) in a timely manner, said Kaushik Basu, a former chief economist of the World Bank.
Can China Save Its Economic Miracle?
To improve medium-term growth, China must heed the lessons of its own history and focus on removing barriers to market entry and entrepreneurship. An economy’s growth rate comes from a combination of an increase in the average size of existing firms (intensive-margin growth) and an increase in the number of firms (extensive-margin growth). A study of the Chinese manufacturing sector that I co-authored with Xiaobo Zhang suggests that during the last few decades, extensive-margin growth accounted for about 70 percent of overall GDP expansion.
Govt revises down growth forecast
The government has trimmed its growth forecast for this fiscal year by a whole percentage point to 6.5 percent as the energy shortage and inflation dampened economic activities.
Govt wrests control of energy pricing
Electricity and gas prices can now be adjusted without a public hearing after the cabinet yesterday amended a law, paving the way for introducing dynamic energy pricing in Bangladesh.
Consumption-led growth could slow economic expansion
Bangladesh may witness slower economic growth in the coming future if it retains the consumption-led growth, which will also exacerbate the widening inequality, said a development economist yesterday.
How should we address our core labour market challenges?
We need a strategy to deal with youth unemployment and improve women's inclusion into the economy
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.
Are economic growth and biodiversity compatible?
There is no time left to debate whether saving our planet is too expensive, or to keep promoting socioeconomic models that are clearly not working.
Further delaying climate policies will hurt economic growth
The world must cut greenhouse gas emissions by at least a quarter before the end of this decade to achieve carbon neutrality by 2050. Progress needed toward such a major shift will inevitably impose short-term economic costs, though these are dwarfed by the innumerable long-term benefits of slowing climate change.