Local macro-economic equilibrium should be given greater importance in combating global financial meltdown which is intensifying recession across the world, reports BSS.
The observation came at a seminar organised by the Department of Economics, International University of Business, Agriculture and Technology (IUBAT) held in the city Friday.
The speakers expressed serious concern over the worldwide financial meltdown and suggested precautionary policy measures for a developing country like Bangladesh.
They underlined the need for pursuing economic balance by accelerating domestic growth associated with more export access to trade surplus countries for ensuring local macro-economic equilibrium rather than looking for global economic equilibrium.
Homegrown development strategy suggested
FE Team | Published: December 07, 2008 00:00:00 | Updated: February 01, 2018 00:00:00
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