The post-pandemic economic recovery has taken a hit due to the prolonged Ukraine-Russia war, which has had ramifications across a multitude of sectors, including the global energy market. The sanction-induced demand-supply mismatch has contributed to volatility in natural gas and oil prices, putting pressure on the balance of payments and destabilizing energy-importing countries like Bangladesh.
Browsing Category Economy & Industry
Tackling the Fallout of Economic Headwinds in 2023
Although Bangladesh has resiliently fought blowbacks from the pandemic-induced shocks, the ongoing war has led to a significant dent in international trade balances: resulting in declining foreign currency reserves, depreciating currencies, and spiking inflation.
How Bangladesh has been Navigating through Global Headwinds
Bangladesh’s economy has been hit hard by the global turmoil, considering its dependence on international trade.
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….
Bangladesh in the Post-industrial World
Bangladesh’s economic performance, over the last decade, has garnered accolades from the international community, particularly from multilateral development agencies like the World Bank, which has portrayed Bangladesh as an exemplary case for economic development. From…