Here’s what the 2022-23 budget must address
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? The economy is on the path to recovery from the unprecedented...
Rethinking trade, investment and industrial policies in South Asia for greater regional integration
Despite considerable demand for deeper regional integration in South Asia progress has been weak. The actual implementation of agreements frequently falls short of the stated goals. Tariff and non-tariff barriers, a lack of trade facilitation, a lack of political will...
Can BIMSTEC rise to meet the new challenges?
The 5th summit of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) ended on March 30, 2022, in Colombo, Sri Lanka. The summit adopted a charter for the first time since its inception in 1997 and signed three memorandums of...
Inflation for the marginalised people in Bangladesh: Beyond the official arithmetic
Do the official inflation figures in Bangladesh reflect the actual inflation faced by the marginalised households in Bangladesh? The Bangladesh Bureau of Statistics (BBS) calculates the official inflation rates in Bangladesh. The BBS constructs Consumer Price Indices...
50 Years of Bangladesh: The development challenges in the time ahead
As we are celebrating 50 years of independence of Bangladesh, questions remain about the development challenges in the days to come. The development challenges of Bangladesh in the coming days are associated with larger development goals. The country aims to become an...
Gravity of rural-urban migration and its impact on Bangladesh
Moreover, Bangladesh is a densely-populated country with a population of 161.36 million in 2018 against 103.17 million in 1990. Population growth was showing a decreasing trend as it reached 1.05 percent by 2018 though it was 2.43 percent in 1990. In such a context,...
Streamlining food market: Introducing AMIS
Bangladesh is primarily an agrarian economy. Agriculture is the largest productive sector of the economy employing around 50 percent of the total labour force. Performance of this sector has a tremendous impact on major macroeconomic goals such as food security,...
Next challenges of Bangladesh’s RMG
The growth of the country's readymade garments (RMG) sector has been rather insignificant during 2016-17 and 2017-18 fiscal years as it grew by 0.2 percent and 8.7 percent respectively. However, the growth rate picked up the following year, thanks to a depreciating...
Trade logistics: A South Asian perspective
Trade logistics is often considered a fundamental building block of trade and economic development. The term trade logistics usually encompasses a cluster of vital activities for trade including transportation, warehousing, cargo consolidation, border management,...
Export diversification: Pathway to sustainable growth
Export diversification: Pathway to sustainable growth Export diversification is a simple and sound prescription for developing countries since it contributes to higher per capita income growth and potential structural change as well as assists in overcoming the...
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