Export of Bangladeshi readymade garments (RMG) has been declining since the past four months.
Bangladesh currently ranks among the fastest growing major economies in the world, notwithstanding some doubts about the growth estimates.
Much recent unrest, such as the “yellow-vest” protests in France and the US “Abolish the Super-Rich” campaign, is not against inequality per se, but reflects perceptions of changing inequalities. Most citizens resent inequalities when it is not only unacceptably high, but also rising.
There are two contrasting contexts as far as the competitiveness of Bangladesh economy is concerned. On the one hand, the economic growth rate in Bangladesh has been increasing since 2013;
As Bangladesh braces for take-off from the LDC (Least developed country) status, the need for increasing attention on quality education and healthcare have become even more central than before. Not only are these two areas essential drivers of continued progress, they are also critical components of human development.
The global apparel industry has a serious overproduction issue and it impacts all sections of the supply chain.
When Bangladesh gained independence nearly five decades ago, poverty was the default condition for over 80 percent of the population.
The government wants to form a public asset management company (PAMC) to buy distressed loans from banks.
There have been four waves of industrial revolution so far in the history of mankind. The first industrial revolution (from the mid-seventeenth century to the mid-eighteen century) took place in Europe and the United States. Dr Selim Raihan is Professor, Department of Economics, University of Dhaka, Bangladesh, and Executive Director, South Asian Network on Economic Modeling (SANEM). Email: [email protected]
Bangladesh has recorded an unprecedented 8.3 percent economic growth in the 2019 fiscal year. An accelerating economic growth coupled with a declining population growth led its per capita GDP to grow from USD 576 to about USD 2,000 in the last decade alone.