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Bangladesh is one of the fastest growing economies in Asia-Pacific. The country is aspiring to gain the status of a middle income country very soon and has been making great strides in terms of social, economic and technological transformation. It recorded a commendable GDP growth rate of 7.86% in 2018. All these being said, a […]

Once dubbed an economic “basket case” by former U.S. Secretary of State Henry Kissinger, Bangladesh has made impressive strides across a host of socio-economic development indicators. From successfully cutting down fertility rates since the 1980s, slashing infant mortality rates and promoting gender parity in both primary and secondary education, Bangladesh has come a long way. […]

Based on work first presented to widespread acclaim at the 2017 Asia Power Week in Bangkok, Thailand, this new white paper explores how reforms to Bangladesh’s power sector could unlock the country’s ‘remarkable renewable energy potential.

State of Affairs Amidst the growing concern of rampant inflation permeating through major aspects of daily expenses and Bangladesh Bank devaluating the Taka against the US Dollar, Finance Minister AHM Mustafa Kamal unveiled the National Budget for FY 2022 – 23. The budget proposed a total expenditure of BDT 6.78 trillion, total revenue and foreign grants of BDT […]

Present scene of the Bangladeshi bond market The fourth industrial revolution is imminent, and Bangladesh is eyeing various infrastructure projects to compete globally in attaining Sustainable Development Goals (SDG) and assuring economic wellbeing for all. The country has celebrated its 50th birth anniversary the current year, and during this half a century-long life span it has […]

Regardless of the high economic growth of 8.1% prior to the pandemic, Bangladesh  has struggled to attract foreign direct investments (FDI) into the country which can be explained by the low FDI to GDP ratio of 0.5% in 2019. Infrastructural challenges and gap in policy implementation are some of the primary reasons. Naturally, the yearlong […]

Bangladesh has been hovering at the bottom rung in the doing Business ranking, according to the flagship publication of The World Bank Group. – ‘Doing Business 2018’. From Afghanistan to Zimbabwe, 190 economies have been compared, among which, Bangladesh has been ranked 176th for ease of doing business. The report attributed the marginal improvement of […]

Bangladesh is facing a lethargic growth in terms of FDI owing to the fact that it has poor governance, inadequate supply of energy and security, coupled with deficiency in infrastructure, corruption and political uncertainty. The FDI grew only by 5.11 per cent in fiscal year 2017-18 to $2.58 billion from last year’s $2.45 billion – […]

Infrastructure a Key Catalyst In the first part of the discussion on the Investment Climate of Bangladesh, the country’s economic resilience, growing investment portfolio, and thrust sector opportunities were discussed. Along with it, the past decade has been characterized by substantial investments in infrastructure, which have been key to industrialization and the logistical integration of […]

Resilient Economic Growth Bangladesh’s rise from the ruins of its war of independence, 50 years ago, has been nothing short of remarkable. In 2020, Bangladesh surpassed India’s, GDP per capita, and is now the second-largest economy in Southeast Asia as well as the 41st largest in the world. The middle and affluent class in the country […]

A Brief Historical Emergence of the Shrimp Industry in Bangladesh In the early 1970s, the beginning of commercial shrimp farming started in Bangladesh with 9 fish processing plants being set up in Chittagong and Khulna and that gave rise to the present export-oriented shrimp industry. Since then, commercial shrimp farming slowly started to gain popularity […]

Despite significant socio-economic developments, Bangladesh still remains to have less than 1% of GDP allocation for the healthcare sector. While public spending increases at a rate slower than the growing demand, how can we attract more private funding into the Healthcare sector? Public Healthcare Sector Bangladesh has made significant socio-economic developments in recent years, with […]

This letter was first published in the Bimonthly Newsletter of August 2022 Dear Friends and Valued Stakeholders: Energy sustainability has always been a key issue for achieving economic resilience. Bangladesh has come a long way in that regard with 96%+ of the population having access to electricity in 2020 from 32% in 2000 (WorldBank). A large proportion of that […]

This article is part two of a three-part series that divides the impacts of climate change on land, air, and water in Bangladesh. It focuses on all the different ways in which the water cycle is affected by climate change and its impacts on the country. Water covers 71% of the Earth’s surface and makes up 60% of an adult human body. […]

Leave No One Behind Electric vehicles (EVs) have been making headlines globally for quite some time now. Despite the industry’s swift progress across several countries, it has not been able to fully integrate the “Whole of Society” approach. With that being said, the economic value of physically disabled individuals is highly underappreciated, especially in developing […]