Making the labour policy effective

Recent labour unrest in the country's readymade garment (RMG) factories over the issue of minimum wage exposes the flawed wage structure practised in the industry. But RMG sector cannot be singled out as workers in some other sectors are also subjected to similar practices. Being the largest export-oriented industry with...

Global trade cycle: A rethinking of IMF findings is in order

As the trade cycle turns, so goes the global economy. But there is a new twist. With growth in global trade sharply diminished since the 2008-2009 global financial crisis, an upsurge of protectionism and disrupted global supply chains is all the more problematic. There is a distinct possibility that a...