Column
Poverty, policy and economic ruin? The true folly of neoliberalism
No matter which approach is used, every method of measurement shows inequality has risen in Bangladesh (at least) over the last 10 years. If we take the latest Household Income and Expenditure Survey of the Bangladesh Bureau of Statistics, we see that the country’s Gini coefficient—a measure of inequality—went up (indicating disparity has grown) from 0.458 in 2010 to 0.482 in 2016. From a different angle, a report released by Oxfam towards the close of last year ranked Bangladesh 148th in the world—out of 157 countries—for reducing inequality.
21 May 2019, 18:00 PM
Our incomprehensible obsession with GDP
Our obsession with Gross Domestic Product (GDP) seems to growing every day while economists keep questioning its source, method, authenticity, etc.
18 May 2019, 18:00 PM
Galloping Bangladesh: Emperor with no clothes?
Don’t judge a book by its cover.” So goes a popular cliché, though appraisals become more sanguine the more one opens the volume. Recent (April) reports about the country’s top-flight economic growth-rates expose why heeding that message helps keep us on track.
17 May 2019, 18:00 PM
Rise of the executive and the decline of civil liberties
In the last decade at least, we have seen two things happening side-by-side globally. One is the rise of the executive branch of government—the significance of its role in the workings of government and society at large. The other is the decline of civil liberties—some of which, such as the right to privacy and free speech, people are now “willingly” compromising on, or no longer view as inalienable even.
15 May 2019, 18:00 PM
How Least Developed Countries can become leaders in tackling climate change
The group of Least Developed Countries (LDC) has been negotiating under the United Nations Framework Convention on Climate Change (UNFCCC) for many years and has continuously taken leadership roles at key points. For example, the push for and successful inclusion (against great odds) of the long-term global temperature goal of 1.5 degrees Centigrade in the Paris Agreement in 2015.
14 May 2019, 18:00 PM
Are vested interests influencing our economic policies?
Is Bangladesh heading in the direction where a few at the top control all the levers of power? A story published in this newspaper voices concerns about the harmful effects of influence-peddling at the highest levels of government in Bangladesh.
14 May 2019, 18:00 PM
Camouflage of a different kind
The history of camouflage is as old as animals hiding in their natural habitat. Human beings, perhaps the greatest copycats, took quite a while but never looked back, especially since World War I when military forces massively exploited the craft. Over the years, few of us can deny not having taken refuge in the art of disguise and deception at some time in our life.
13 May 2019, 18:00 PM
The dark side of globalisation
The project of globalisation remains as contested as ever. In Globalization and Its Discontents (2001), Joseph Stiglitz criticised international monetary organisations like the World Bank and the International Monetary Fund (IMF) for advancing ideologically driven, market-based development mantras around the globe, often at the expense of poorer nations.
13 May 2019, 18:00 PM
Why couldn’t we protect Nurse Tania and other Nirbhayas?
Every time we read the word “rape” and “gang rape”, we cringe with horror. Yet these two words keep coming up too often in our daily dose of nightmarish news.
13 May 2019, 18:00 PM
Addressing the Rohingya crisis: whose responsibility is it?
It has been almost 21 months since the influx of about 750,000 Rohingyas to Bangladesh began in August 2017. Gradually, it is becoming clear to us that the Rohingyas are here to stay for a protracted period of time.
12 May 2019, 18:00 PM
Ramadan Mubarak!
The gentleman in Lakshmipur orders a watch online. When he receives the package, he discovers two Indian onions. I hope he has held on to them, for now that it is Ramadan, he can sell those two onions for more than the price of the watch he had initially ordered.
10 May 2019, 18:00 PM
Making polluters pay for loss and damage
The recent devastation in Mozambique due to two successive hurricanes (Aida and Kenneth) of unprecedented severity for southern Africa, are a clear indicator that we are now living in a climate changed world. And that the huge loss and damage sustained by the people of Mozambique is due to human-induced climate change and not just natural causes.
7 May 2019, 18:00 PM
Why do bombs fall on the hungry poor?
In Angola, an oil-rich country in Africa, over 2.3 million people are now on the brink of starvation due to drought. In Yemen, the United Nations warned that 13 million people are facing the prospect of famine.
5 May 2019, 18:00 PM
How volunteering can help the youth
Each year, more than one billion people are engaged in volunteering worldwide. Their actions have economic, private and social values. You may wonder how helping others has economic value when no monetary transaction is involved.
3 May 2019, 18:00 PM
There goes the neighbourhood: Sri Lankan spillovers
"Tragedy” only mildly describes Sri Lanka’s bombing spate. It was heinous, stirring the wrong juices, pitting the wrong spiritual brethrens against each other. It was evil, not only fanning flames between two religious groups...
3 May 2019, 18:00 PM
Mayday May Day
The captain boasts of taking advantage of the tail wind, the earth’s rotation and the earth’s curvature, but the fact remains that Los Angeles (LAX) to the airline’s hub city takes no less than 16 hours.
2 May 2019, 18:00 PM
Martyrdom of Assange or death blow for journalism?
Aside from being nominated multiple times for the Nobel Peace Prize, including in 2019 by Nobel Peace Prize Laureate Mairead Maguir, Julian Assange has won countless awards for journalism
2 May 2019, 18:00 PM
The biggest barrier to our industrialisation
While inaugurating the first national industrial fair in the city, the prime minister, at the end of last month, said she wanted to discuss how to reduce the interest rate of bank loans which she thought had become the biggest barrier to the country’s industrialisation.
28 April 2019, 18:00 PM
US Central Bank fights back executive manipulation
If you live in the US, it is hard to miss the ongoing tug of war between the White House and the US central bank, The Federal Reserve System (the Fed).
28 April 2019, 18:00 PM
After Sri Lanka’s terror attack: Questions we now must ask
The devastating series of suicide attacks in Sri Lanka on Easter Sunday that claimed at least 250 lives was noticeably well organised.
26 April 2019, 18:00 PM