GDP
Why participants of mass uprising turning into extortionists
In Bangladesh, the story of state development nowadays is heard in newspaper pages, television announcements or from the mouths of leaders—“The country has changed,” “Development is visible,” “The dream Padma Bridge has been built,” or “Digital Bangladesh is a reality.” While these words sound striking, in reality, a cruel question also arises—who are the beneficiaries of this development? And by development, do we only mean buildings, bridges, or GDP, or is there any standard for people and humanity as well?
How realistic is Bangladesh’s qualification for LDC graduation
Bangladesh’s export trade depends heavily on the EU and the US. Over 80 percent of total export earnings come from these two regions.
Reevaluating agriculture sector and need for an agriculture commission
In recent years, the number of medium and large farmers has been declining, while the number of small farmers has been increasing. This trend has had a negative impact on overall crop production. According to the latest Agricultural Census (2018–19), the number of farms increased by 11.19 percent in 2019 compared to the 2008 census. However, land under the control of large farms decreased by 46.18 percent, while land held by medium farms declined by 36.06 percent. Conversely, small farms have taken control of 32.24 percent more land.
Favourable environment necessary to attract foreign investment
Economic development at the desired level is not possible in any way without investment. Even if a country is rich in natural resources, investment is needed to achieve prosperity through the use of those resources. Natural resources must be transformed and continuously modified to enhance economic utility. There are many countries in the world that are rich in natural resources, but due to lack of financial capacity to use those resources, they have to lease them to foreign companies. Foreign companies loot the natural resources of the country. Such situations have been observed in many African countries. Therefore, no dignified country wants to hand over its natural resources to the custody of another country.
Iran-Israel war puts global economy at risk
From the beginning of creation to the present day, the history of the world has been soaked in the blood of Adam’s descendants. Thousands of innocent people have been sacrificed in the name of asserting one's greatness. Throughout the ages, the ruling class has been desperate to assert power or establish dominance over others. As a result, the soil of earth has been soaked with the blood of millions of innocents. Although wars are initiated by the ruling class, it is the ordinary people who lose their lives. The current history of the world is no exception. The global population has already witnessed the devastation of two world wars.
In the upcoming budget, education must receive higher allocation
Globally, it is recommended that national budgets allocate at least 20% or 6–8% of GDP to the education sector. However, in Bangladesh, education consistently receives less than what is necessary. Crafting a national budget for a densely populated country like ours, amid global economic uncertainty, is undoubtedly a complex task. It cannot be strictly guided by conventional economic rules. Education remains one of the most crucial sectors for the social, economic, moral, and intellectual development of a nation. It is directly tied to the awakening of citizens’ intellect, thought processes, strength, and sense of purpose. Unfortunately, the state continues to fall short in taking the necessary measures for the development of this vital sector.
Agriculture sector needs to be prioritised in upcoming budget
The new budget is knocking at the door. The budget for the 2025–26 fiscal year may be presented on June 2. The preaparing the budget is currently underway. It has already been reported that the size of the upcoming budget may be Tk 7.9 trillion. Compared to this year’s original budget, it will be Tk 70 billion less. For the first time since independence, the budget size is decreasing in monetary terms. Undoubtedly, this will be a contractionary budget. Due to ongoing high inflation, slow revenue collection, and lack of capacity in budget implementation, a tight budget is indeed desirable for us.
Deepening geopolitical and geoeconomic tensions and risks: A global overview
The world is navigating an era of unprecedented geopolitical and geoeconomic turbulence, marked by shifting alliances, resource competition, and economic fragmentation. Below is a detailed analysis of key flashpoints and their global implications.
Ensure investment-friendly environment
The capital market reflects the overall efficiency of a country’s economy. It creates a coordination among the public, the government, and capitalists. In Bangladesh, the condition of the capital market has not been good for a long time. Political instability and certain influential figures have repeatedly been blamed for this. During the tenure of the previous government, many discussions were held and various plans were undertaken to stabilise the capital market; however, none of these plans ultimately became effective.
Strengthening the demand for employment on May Day
Civilization has advanced through the blows of the worker’s hammer. While it is true that one becomes a worker through labor, the term “worker” typically conjures the image of an industrial laborer. Yet, the scope of working people is far broader, because every human being is involved in some form of work, and every task requires labor. In that sense, all people on earth could be considered workers. From a Marxist perspective, the working class is the most modern class, destined to lead the revolution. Karl Marx gave special status to factory workers as a revolutionary class—liberated from feudal bondage, yet united under one roof and one collective interest within the factory system.