Economics

The Hurt of the Average

WE are objective and neutral in our assessment when it comes to sourcing”, announced a brand's moderator in a conference held for the benefit of twenty global manufacturers in Hong Kong forty-eight hours ago. Sitting right by the Harbour with a splendid view of the waves crashing against the rocks, the meeting soothed most of us while we listened to the stories from the other readymade garment suppliers from the other parts of the world, namely Pakistan, India, China and Myanmar.
3 March 2015, 18:00 PM

When Politics Stifles Economic Growth

THE significance of political factors on economic performance is well established in the theoretical and empirical literature. Channels of political impact on the economy are many. Political instability takes a toll on economic growth through lower investment and subdued economic activities.
3 March 2015, 18:00 PM

The Age of Adaptation

THE world needs to stop looking backward. Since the 2008 financial crisis, we have wasted far too much energy trying to return to the days of rapid economic expansion.
27 February 2015, 18:00 PM

Services waiver

AFTER returning from negotiation in Geneva, the commerce minister and his team expressed confidence about access to services market in developed countries by Bangladesh as an LDC. It is clearly vital for the country as the value of service export is $3.7 billion, or more than 10% of total exports as of 2013, and it experienced 92% growth in the last five years.
20 February 2015, 18:00 PM

'Bangladesh is a very interesting country to understand the link between violence and governance'

Dr. Bert Suykens, Assistant Professor with the Conflict Research Group (CRG) at the Department of Conflict and Development Studies, Ghent University (Belgium), is currently doing research on understanding the role of political violence in shaping governance and public order in Bangladesh. He talked to The Daily Star on the shape of political violence in Bangladesh
15 February 2015, 18:00 PM

Why poverty action plans don't work

CAN we really banish poverty in Bangladesh by the year 2030? I do not question the loftiness of the goal of eradicating poverty or the sincerity of policy makers and the economists. However, what gives me reasons for concern is the lack of evidence on the efficacy of various anti-poverty programmes, and the limited amount of time left to meet the target, i.e., only fifteen years remaining. Complicating the scenario is the evidence from research that the mainstay of our economic programmes to eradicate poverty in the last two decades, viz., employment generation in the garments sector and microcredit expansion, may not deliver the goods for those who live in poverty.
15 February 2015, 18:00 PM

Growth rates and instability

AN interesting trend can be observed when one takes a look at the Gross Domestic Product (GDP) growth rates of the country during the past few years. If GDP growth rates are plotted according to year, it has a resemblance to a wave, containing a peak and a trough. The dips in the economic growth rates can be seen during election years where rates start to decline in the years preceding the election years.
13 February 2015, 18:00 PM