Functional use of youth dividend and promotion of SDGs

Prime Minister Sheikh Hasina has been awarded the prestigious "Champion for Skills Development for Young People" by the UNICEF (United Nations Children's Fund) during the current United Nations General Assembly (UNGA) Session in New York. Her observation that "education is the backbone of a nation and no nation can hold...

Could ultra-low interest rates be contractionary?

The real (inflation-adjusted) yield on ten-year US treasuries is currently zero, and has been extremely low for most of the past eight years. Outside of the United States, meanwhile, 40 per cent of investment-grade bonds have negative nominal yields. And most recently, the European Central Bank further reduced its deposit...