Bangladesh came into being following more than two decades of political struggle culminating in the war of independence in 1971. This struggle was inspired by a vision for a democratic, non-communal, prosperous, and equitable society. After 15 years of parliamentary democracy, it is reasonable...

Price hike of essential commodities has been one of the major challenges facing the incumbent Caretaker Government (CTG) of Bangladesh. Figure 1.1 evince that the economy has been experiencing a creeping inflation over the recent past. Two most distinctive features of this inflationary trend had...