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| ..:: Print line & Contents ::.. |
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| ..:: FROM THE EDITOR ::.. |
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Only a few days back, on December 16 , we have celebrated our Forty years of independence, rather Forty years our victory against the occupying Pakistani forces. We dreamt of an independent state in which democracy would flourish, fundamental human rights and freedom would be guaranteed, all the indicators of our economic
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| ..:: FEATURE ::.. |
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Outlook for global economy in 2012
A R Chowddhury, Professor and and Chair, Department of Economics, Marquette University and Advisor, Federal Reserve Bank, has made authentic and highly thought-provoking observations on the outlook for global economy in 2012. He writes : We expect 2012 to be a year of slowing global growth, with wide divergences
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| ..:: ESSAYS AND OBSERVATIONS ::.. |
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Why isn’t capitalism working?
Lawrence Summers
Americans have traditionally been the most enthusiastic champions of capitalism. Yet a recent American public opinion survey found that just 50 per cent of people had a positive opinion of capitalism while 40 per cent did not. The disillusionment was particularly marked among
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| ..:: The Spirit of the Liberation War ::.. |
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Rehman Sobhan
Over the last year we have been commemorating the 40th year
of Bangladesh's independence. In these 40 years Bangladesh has registered many
gains for which we should feel proud. We have established a globally
competitive garment industry moved ahead of India in particular areas of human
development and gender parity, extended micro-credit to 25 million women and
drastically reduced aid dependence through an explosive growth in remittances
by our hard working migrants. We have furthermore held ....Details |
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| ..:: Is Bangladesh still a test case of development? ::.. |
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Wahiduddin Mahmud
When Bangladesh emerged from its 1971 liberation war desperately poor, overpopulated, and ravaged by acute food shortages and famines, it was designated as a 'test case of development'. Four decades after, Bangladesh still remains a poor country, but it can hardly be described as a uniquely difficult case of economic development. There are other candidates among the less
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| ..:: Budget deficit and borrowing ::.. |
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M A Taslim
The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed the world is ruled by little else. Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually the slaves of some defunct economist." J. M. Keynes.
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| ..:: BB's role in employment creation ::.. |
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Mustafa K Mujeri
Like most other central banks, employment creation has fallen off the direct agenda of the Bangladesh Bank (BB) although problems like unemployment and poverty are taking centre stage as critical issues of development in the country. In Bangladesh, almost all households depend on employment as their primary source of income. This is especially true for the poor households
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| ..:: Impacts of Tipaimukh projects on rivers and economy of Bangladesh ::.. |
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Enamul Hoque
Bangladesh is the largest delta of the world, created and shaped by the Himalayan orogeny initiated during the Cretaceous Age and the sediments carried and deposited by the numerous river systems. Among the river systems, the Ganges (also known as Padma), the Brahmaputra-Teesta, the Surma-Meghna, and the Karnaphuli are the most notable. These rivers and other numerous
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| ..:: ECONOMIC OBSERVER REPORTS ::.. |
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PM urges apparel makers to help cut poverty
Prime minister Sheikh Hasina recently said her government had been relentlessly working to cut down the poverty rate to 21.5 per cent from the existing 31.5 within the next four years by developing the country’s agriculture and industrial sectors.
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| ..:: LAST FROM THE DESK ::.. |
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Shahjalal islami Bank orgaises Managers conference
Managers Conference –2012 of Shahjalal Islami Bank Limited (SJIBL) was held at a Hotel in the Capital on 12th January 2012. The inaugural ceremony of the conference was presided over by its Managing Director Mr Md Abdur Rahman Sarker, while Mr Anwer Hossain Khan, Chairman of the Board of Directors was present as the Chief Guest. Among others Founder Chairman of the bank Mr Sajjatuz Jumma, Past Chairman Engineer Md Towhidur Rahman, Mr Mohammed Solaiman,
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