Posts Tagged ‘ Recession ’

Greek tragedy no longer a myth

July 6, 2015
A. Rahman
Greek tragedy no longer a myth

Greek tragedy may have evolved, as Aristotle put it, from the “song for the sacrifice of the goat”, depicting the ancient rites and myths of the 5th century BC. But now that mythical tragedy is taking on a whole new meaning. Greece might have invented democracy, produced the subtleties of logical deduction, and mastered the...
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Posted in Economy, International | No Comments »

VAT: A regressive tax

January 20, 2015
Anis Chowdhury
VAT: A regressive tax

The Honourable Finance Minister has backed down on his decision to reduce VAT.
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Posted in Economy, Finance | 2 Comments »

Mr. Spineless vs. Dr. Strangelove

May 20, 2012
Kayes Ahmed
Mr. Spineless vs. Dr. Strangelove

It was a brilliant sunny afternoon in Denver, Colorado. The preachers and the evangelicals prayed for days for rain and thunder but there it was, a flawless late summer day. Maybe the “Christian mullahs” lost their direct line to the Almighty.
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Posted in International | 19 Comments »

Prepare for a different financial landscape

December 6, 2011
Mohamed A. El-Erian
Prepare for a different financial landscape

With the European crisis continuing to dominate the news, many people now realise that today’s global economy faces an unusually uncertain outlook. Indeed, Europe’s turmoil is but one of the multiple global re-alignments in play today.
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Posted in Economy | 1 Comment »

What Berlusconi leaves behind

November 11, 2011
John Lloyd
What Berlusconi leaves behind

He called himself the best leader in Europe, even in the world: but he was, by quite a way, the worst (in Europe at least: the rest of the world offers more competition). In part, this was due to the sheer force of his personality:
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Posted in International | 2 Comments »

Anti-capitalist protest in 951 centres of capitalism

November 5, 2011
M.M. Akash
Anti-capitalist protest in 951 centres of capitalism

1. Started in the heart of world capitalism — Wall Street of USA. The main slogan was “Occupy Wall Street”. 2. Three major issues: Corruption, Inequality and Unemployment. Perhaps another major issue is bailing out the corrupt MNCs and reducing social consumption of the poor!
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Posted in Economy, International | 4 Comments »

Twin deficits: Spending beyond means

October 19, 2011
M A Taslim
Twin deficits: Spending beyond means

A local daily recently organised a meeting with several economists to discuss what most of them regarded as an emerging economic crisis in the country. The crisis was viewed as gradually deepening and assuming an elephantine shape. Some described the crisis in terms of excessive credit, money and inflation, some regarded the reckless spending...
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Posted in Economy | 3 Comments »

“Occupy Wall Street” goes global

October 17, 2011
Hasan Zillur Rahim
“Occupy Wall Street” goes global

What began as a tentative protest on September 17 in the financial district of New York by a handful of protesters has turned into a global uprising against corporate greed and corruption. It’s about time.
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Posted in Economy, Finance, Foreign Affairs, International | 2 Comments »

How to fix the flatline economy

October 2, 2011
Gregg Easterbrook
How to fix the flatline economy

The global economy doggedly refuses to re-start. Employment is flat, demand is flat, prices are flat, housing sales are flat, growth is nearly flat. Stagflation and inflation, the old fears, have given way to the flatline economy. Sometimes flatlined patients can be revived. Clear! But what should the therapy be? Republicans are responding to the flatline...
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Posted in Economy | 1 Comment »

What happens if the US defaults?

July 28, 2011
Arshad Mahmud
What happens if the US defaults?

As you’ve already noticed, the whole world is now focused on what happens on Aug 2 when the deadline for raising the United States current debt limit of $14.3 trillion expires. Tension is mounting all across largely because what happens in the world’s largest economy has implications for many countries including Bangladesh, which exports...
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Posted in International | 3 Comments »

Off the mark: Policies and debacles

July 9, 2011
M A Taslim
Off the mark: Policies and debacles

Economic policy-making is going through an interesting time. Huge opportunities are beckoning, but there are also many risks. Steering the economy in this environment is a challenging task. The rewards of correct policies will be large in terms of accelerated economic growth, but wrong policies could condemn the economy to stagnation for a considerable...
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Posted in Economy | 2 Comments »

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