Monthly Archives - January 2017

How did we misinterpret Mr. Keynes?

Keynes was a forgotten name during the 1970’s, 1980’s or in 1990’s. Privatization and deregulations was the wind. In UK, Thatcher started privatization and privatization was rampant in transport, telecom, National Health Service. Perhaps I am bit skeptical of the Iron lady (recently I have watched the ‘The Six Thatchers’ episode of Sherlock), as government’s total spending in real sense did increase during her days. India started to throw away License Raj and Nehru’s rural economy led development strategies were [...]

How actually was Bangladesh’s economy in 2016?

Macro-economy of Bangladesh during 2016 was stable as per inflation rate; reference interest rate or unemployment rate is concerned. Economy was largely unperturbed by the ongoing global recession and drastic fall in aggregate demands in majority of developed countries. Actual GDP growth rate will stick to the estimated numbers and 7% is a very good figure in these recession times. Inflation in both food and non-food items were just modest and in 2016, peoples’ real purchasing power actually improved [...]

Possible up-gradations in the Alternative Investment Rule – 2015

‘Alternative investment rule – 2015’ has definitely set out the policy guideline for establishing and managing the venture capital firm in Bangladesh and this rule has paved the way for establishing three basic types of alternative investment funds – venture capital firm (firm with an operating history of less than two years), private equity firm (firm with an operating history of more than two years) and impact fund (funds with a socially responsive objective). I will present the critical [...]

Can Trump win it for USA?

Trumponomics is mediaeval and grueling at the global stage; but will it be able to derive the intended benefits for USA? By closing the trade doors Trump’s administration expects to reduce the trade deficits. Can weakening a foreign currency be a full-proof solution to manage trade balance? The answer is a straight NO. Basic trade theories can be used to explain why Trumponomics will fail. USA lacks the capability (basic capability to produce most of the manufacturing goods at a [...]