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India: Development and Injustice

India’s rapid economic growth has lifted 140 million people out of poverty in the past decade but many of its people still lack access to electricity and toilets, as per OECD (Organisation for Economic Cooperation and Development). GDP per capita has risen by more than five percent per year since the mid-1990s and reforms introduced since Prime Minister Narendra Modi’s election in 2014 have “brought a new growth impetus and improved the outlook”, OECD said. But this impressive growth rate [...]

Becoming Warren Buffet

It was a HBO documentary that I recently saw. It was based on true incidents on Mr. Warren Buffet’s life. The documentary’s basic focus was not only on Buffet’s investment choices but also on his personal life. When you generally watch an average movie, you do not carry much with you to home. But on several aspects that documentary is remarkable and will remain close to my heart. Investment is a knowledge driven game. Buffet focuses on buying mispricing (undervalued [...]

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 [...]