Growth forecasting: A tricky business
With some humility, we economists ought to acknowledge that we are far better at analyzing the past than in predicting the future. So it is in the case of predicting the growth rate of the economy in the next year or later years. The gross domestic product (GDP) and its...
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Growth and income recession in Bangladesh
Bangladesh has achieved an annual average growth rate of about 6.0 per cent over last two decades. This is a spectacular performance achieved by the country in the face of enormous odds, both economic and political. Also given the size and depth of poverty, the country's economic success raises hopes...
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Setting the tone for global cooperation in the 21st century through BRI
The Belt and Road Initiative (BRI) is an ambitious and bold policy, which has already proven to be a key driving factor for global growth. It focuses on developing major roads, sea lanes, air links and digital highways - but its whole is much greater than the sum of its...
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