Bangladesh: Looking Beyond 2020

Bangladesh’s economic performance, over the last decade, has garnered accolades from the international community, particularly from the multilateral development agencies like the World Bank, which has portrayed Bangladesh as an exemplary case for economic development. From being termed a ‘basket case’, espoused by then US Secretary of State, Henry Kissinger in early 1970s; we have come quite far. Forging ahead of Pakistan and growing neck-to-neck…

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The Effect of COVID-19 on Bangladesh’s Apparel Industry

The Covid-19 pandemic has had a profound impact on the supply chain and demand for the apparel sector. Top exporters like Bangladesh have started feeling the heat due to raw material sourcing challenges and cancelled orders. The performance of the RMG sector is more critical for an economy like Bangladesh, since apparel contributes 84% of the country’s export, employing close to 3.5 million people. While…

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Can Bangladesh’s Stimulus Package Stand against the impending Covid-19 Tsunami?

Bangladesh PM’s speech on the 25th was widely anticipated, owing to the onslaught of the Covid-19 induced health crisis and the resulting economic maelstrom. Citizens were keen on gauging the nature of the stimulus plan, expected to be unveiled during her speech. As a resource strapped emerging economy, the government has its fiscal limitations in implementing major interventions, but the unprecedented nature of the crisis requires…

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