Why quantity theory of money fails in Bangladesh

In economic policy debates, some ideas endure not because they explain reality well, but because they sound reassuringly simple. One such idea is the belief that inflation can be understood-and managed-by tracking how much money exists and how quickly it circulates through the economy. In Bangladesh, this mode of thinking...

Coordinated policies, disciplined finance

Bangladesh is not short of ambition; it is short of coordination.Over the past decades, the country has demonstrated remarkable economic resilience. Export-led growth, remittance inflows, infrastructure expansion, and demographic strength have powered steady progress. Yet today, inflation remains elevated, the banking sector struggles with governance and asset-quality concerns, foreign-exchange reserves...