Bangladesh needs proper macroeconomic management to avoid middle income trap
Specific policy incentives are needed to stimulate the economy and revive the labour market.
The economy needs firm handling to ensure the situation doesn't turn into a crisis.
An economy without an independent source of data is like an aircraft flying without its airspeed sensors.
Inflation is the bad boy of economic phenomena.
The rise in fuel prices is an illogical decision that will only harm ordinary citizens and fail to deal with the root causes of the crisis that Bangladesh is currently facing.
It seems that just as we recover from one crisis – the global pandemic – another one begins.
Ali Riaz has tried to determine the current political trends as well as trends that may emerge in the future with his keen insight.
We appreciate the government directives, given to the field-level administration, to practise austerity in spending from the budgetary allocations.
The book poses a number of questions: which factors have contributed to Bangladesh’s growth?