Why Fixing Retail Prices of Commodities Fails to Address Market Issues in Bangladesh
In Bangladesh, government efforts to fix the retail prices of essential commodities often fall short of achieving long-term price stability. Despite the apparent simplicity of setting price caps to make essential goods more affordable, this approach overlooks the intricate economic and structural challenges in the country’s commodity markets. Understanding the underlying factors, from supply chain inefficiencies to regulatory shortcomings, sheds light on why fixing prices is not a sustainable solution for managing the retail price of commoditie