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Search date: 28-03-2019 Return to current date: Click here

ECI ranking and narrow export base

Bangladesh's 25-notch fall---from 98th position in 2008 to 123rd in 2017--- among 129 countries in the global Economic Complexity Index (ECI) ranking is certainly worrying. The ECI, developed by two US university professors, measures productive capabilities of individual countries in terms of the mix of products that they export. Seen...

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Creating conditions for sustainable growth

Bangladesh has been achieving sustained economic growth over the past three decades despite innumerable hurdles like over-population, repeated natural calamities, lack of good governance, institutional weaknesses including bureaucratic red tape, rampant corruption as well as weak infrastructure. Many economists, both local and foreign, have expressed amazement at this success story...

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Need to diversify export products and markets

Bangladesh's position is gradually sliding down in economic diversification in terms of exports. Latest report of the global Economic Complexity Index (ECI) showed that the country slipped 25 positions in a decade in its global survey conducted by a renowned firm recently.The country ranked 123rd among 129 countries in the...

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Save the banking sector

Stakeholders of the banking sector of the country are concerned with its current state. It is understood that some unscrupulous and inefficient bankers are approving big loans to known loan defaulters and some unknown conglomerates. When most of these loans are not repaid in full, they become 'bad loans'. Such...

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Consequences of fake news

Fake news has wreaked havoc in different countries of South Asia several times over the last few years. In some cases, these managed to trigger communal frenzy. This trend has made it clear that the common people lack critical thinking and as such can easily become unsuspecting victims to fake...

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'Differently-abled', not disabled

We often make the common mistake of calling a person with disabilities as a 'disabled person'. When we call anyone disabled, we are subconsciously giving importance to his/her impairment rather than his/her abilities. In this world, each and every person has their distinct talents and capabilities like thinking, learning, speaking,...

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Dangers of over-the-counter medicine

People often walk into the pharmacies of the country and buy medicines without producing a prescription to the salespeople. Most of the time, they buy medicines, including antibiotics, without consulting a doctor. This is very dangerous. There is a tendency to take tablets as soon as someone feels a headache...

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