Record economic growth and the tasks ahead

The 7.28 percent economic growth achieved in the last fiscal year, which the government has reported recently, is the second highest growth rate in Bangladesh's history.
18 November 2017, 18:00 PM

Organising the calendar and advancing the clock

Economist William Nordhaus found a political business cycle for the United States. He showed how the behaviour of the US economic cycle depends on which party, Democrat or Republican, comes to power. Whether our economic cycle significantly varies based on any political party remains a subject of study.
11 November 2017, 18:00 PM

How can Bangladesh move forward faster?

Banglade-sh placed 177th out of 190 countries in the world in the latest Doing Business Index, taking a step back from last year's position.
4 November 2017, 18:00 PM

Posters and publicity syndrome

While visiting Princeton University in New Jersey recently, the idea of visiting Albert Einstein's residence tickled my mind.
28 October 2017, 18:00 PM

Ten Years of The Great Recession: The American economy is back on its feet

The US economy has turned back. The last quarter posted three percent growth—much higher than their long-term two percent growth. US GDP has crossed the USD 19 trillion mark for a population size of 326 million, making per capita income USD 59,000 annually.
21 October 2017, 18:00 PM

Private credit growth: Where is this money going?

Private credit growth hit a five-year high in August, giving rise to more concerns than hope.
14 October 2017, 18:00 PM

A fair recruitment policy for a stronger government

America took capitalism and the market economy as the basis for its economic model from the first day of its independence in the late 18th century. In the subsequent centuries, the US continued its progress as the market economy fosters the culture of competition and empowers the customers to choose the best out of many alternatives.
7 October 2017, 18:00 PM

Why reforming the public service sector is so crucial

This type of brainstorming is almost entirely absent in our bureaucracy. In most cases, you are a good officer as long as you can memorise the existing circulars and follow them to the T.
25 September 2017, 18:00 PM

A sweet budget turns sour

This year's budget eventually turned sour though its components are fine. The major aspects of the budget can be fit into a pentagon model that has five components.
17 June 2017, 18:00 PM

Rescue plan for 2018

While we learned not to put all eggs in one basket, dumping all rotten apples in one basket might seem rather prudent. When two
10 June 2017, 18:00 PM

What the banking sector gets and loses

The budget, which is basically an annual outline of fiscal policy, has over time turned into an all-encompassing document for the
3 June 2017, 18:00 PM

Why politicians and economists don't get along

Rarely have we seen both politicians and economists dance together and play the same tune on the state of the economy.
27 May 2017, 18:00 PM

A pentagon model to make the budget simpler

If we compare an economy to an aeroplane, fiscal policy and monetary policy would be its two wings.
20 May 2017, 18:00 PM

The ills of too much maya

The word maya originates from Sanskrit, meaning attraction that you feel for your loved ones with a sense of bond and attachment.
14 May 2017, 18:00 PM

Fighting the financial hemorrhage

We live in a notoriously polluted city of the world, and still we choose to live here because we have a dream. We live in a system where
4 May 2017, 18:00 PM

Roadblocks to our potential growth

When a mother claims that her son could have achieved a grade of A though he actually earned B+, we understand the son performed below his potential and did not work to his fullest capacity for the test.
22 April 2017, 18:00 PM

Why have we failed to promote tourism?

We ‘gloriously' occupied the 125th position among 136 nations of the world in the Tourism Competitive Index 2017 – we have been ranked the worst place to visit in South Asia.
16 April 2017, 18:00 PM

How to prevent the free fall of remittances

On the sidelines of an investment summit in Singapore in 2015, I wanted to act like Caliph Haroon and make a foray into the illegal remittance market to find out why people prefer hundi (used as a form of remittance instrument to transfer money from place to place, as a form of credit instrument or IOU to borrow money and as a bill of exchange in trade transactions) over legal channels.
8 April 2017, 18:00 PM

How to 'empower' economic growth

Empowering' economic growth should be the prime agenda for the nation right now when growth is slowing down. This is a challenging task that can be done by ensuring the marriage of optimal investment policies with the right institutions.
3 April 2017, 18:00 PM

The failure of the Happiness Index

My next-door neighbour in upstate New York was an old woman named June. Her husband Herbert was housed in a care centre for the elderly. They had grown-up kids living in different states of the US from where they made rare visits to their parents.
26 March 2017, 18:00 PM