GDP growth as an indicator of progress is popular among politicians and policy makers all over the world. It is easy to use for demonstrating their performance and to convince voters to vote on their behalf (i.e., where people can genuinely vote). This is perhaps one reason why it has been enthr

Amidst all the doom and gloom associated with the Covid pandemic, some good news - at least on the economic front -- has started to emerge. While both the IMF and OECD have forecast a strong rebound of the global economy this year, the US economy has attained a robust recovery in the first quarter

Although the adverse effects of economic crises get transmitted to labour markets quickly, the results vary from country to country. While such variations have their roots in the systems and structures, public policy also plays an important role. Hence, from a policy point of view, it would be usef

The Covid-19 pandemic that started at the beginning of 2020 is still raging in many parts of the world. Although the rate of infection fell somewhat during summer, it started to rise again in autumn, and struck a number of countries with full fury in winter. Repeated restrictions imposed on human m

The global economy seems to be coming out of the deep recession induced by the COVID-19 pandemic. Major developed countries, e.g., USA, UK, France and Germany attained positive GDP growth in the third quarter of this year compared to the previous quarter. This is good news, and has naturally raised

The global economic crisis induced by the spread of Covid-19 is getting deeper and deeper. The situation in Bangladesh is no exception. In my earlier post on the subject (FE, March 23, 2020), I had mentioned that the impact of the crisis is not going to be limited to the export-oriented sectors alo

The health crisis arising out of the coronavirus disease (COVID-19) is now causing an economic crisis. As the epicentre of the health crisis moved from China to Europe and measures to fight the crisis are being adopted, their impact is being felt on the economic front, and the global economy is now

What kind of scenario can be expected for Bangladesh if one takes a long-term perspective like the middle of this century? How likely is it that the scenario presented at the beginning of this article (in Part 1) - robots replacing a lot of human jobs  - would become a reality? In addressing t