Growing inequality: Decisive actions can reverse the trend

At this year's World Economic Forum (WEF), under the theme, "Creating a Shared Future in a Fractured World", Canada's Prime Minister, Justin Trudeau warned world's business leaders and his fellow politicians in simple, but stark words, "tackle inequality or risk failure".Five years ago on the eve of WEF's 2013 summit,...

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Practising a new kind of economic democratisation

Bangladesh Bank has brought in a number of innovations in formulation and implementation of monetary policy. Elaborate stakeholder consultation has become hallmark of formulation of participatory monetary policy. As a result, the central bank can get advance suggestions from the stakeholders about their demands. Once a monetary policy is launched...

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Tackling inequality—the myth that Davos can change the world

When the World Economic Forum (WEF) concluded in Davos, Switzerland last week, the outcome of the annual talk-fest was seemingly predictable-plenty of unrestrained platitudes but, surprisingly, less of the American populist, protectionist rhetoric.The presence of President Donald Trump was a political side-show as he proudly declared that America was "open...

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