Not cosmetic reforms
In every country --- no matter developed or developing --- the central bank serves as the economy's nervous system. It regulates interest rates, controls money supply, maintains foreign exchange reserves, and fights inflation. Such responsibilities are critical to ensuring economic stability, especially during times of crisis, such as inflationary spikes,...
Read more
Ending the cheap labour dependency
Bangladesh has built an entire export portfolio based on cheap labour. The domestic industries also thrive on cheap labour. Both in domestic and export markets, Bangladesh competes in price-sensitive markets. Low price is the value that we deliver. To a certain degree, the dependence on cheap labour is caused by...
Read more