Though the global financial crisis affects the march of globalisation, economists are confident that the world will recover and globalisation will regain its momentum. Globalisation holds opportunities and threats. It offers opportunities for the fittest and threatens the inefficient. It creates...

Rapid advancement of Information & Communication Technology (ICT) provides a newer shape of business. Pattern of doing business has changed into a completely different format. Concept of free market economy got its existence from the conceptual base through the advancement of online marketing...

Last month I was in Singapore to join an international seminar on 'Pan Asian Integration' but before that we must be integrated in South Asia to facilitate integration with East Asia. The South Asian Association for Regional Cooperation (SAARC) is mandated for poverty alleviation through trade...

The South Asian Association for Regional Cooperation (SAARC) is mandated for poverty alleviation through trade and economic co-operation in the region. It did not gain momentum up to the desired level. Intra-SAARC trade remained low even after 23 years of SAARC's inception. The foreign direct...

The current global crisis of capitalism originated from the financial meltdown in the United States of America (USA). The idea that the economies needed no regulation was abandoned after the great depression of 1930s. It was Keynes who pointed out the need for regulations to keep the economies...

Globalization polarized the world and made international trade very competitive. Each and every country is trying to exploit whatever trade opportunities are available. The World Trade Organisation (WTO) contracting countries are facing various barriers to trade promotion. Due to bureaucratic...

Economic supremacy is the dominant feature of the present-day world. In order to survive, we have no option but to attain economic development. Foreign investment is recognised as a key ingredient for economic growth for the least developed countries (LDCs) and for Bangladesh, being one of the...

One of the main economic reasons behind regional trade blocks is to allow their regional members to benefit from economic cooperation and comparative advantages. In 1980, Bangladesh had suggested a regional cooperative body of South Asian leaders, which then led to the establishment of the South...

A complete economic integration can offer better standard of living with common trade policy, single currency, common monetary policy, together with a single fiscal policy, including common tax and benefit rates, complete harmonization of all policies, rates, and economic trade rules. Thus a...

Bangladesh is going to be graduated from the LDC category in 2024. It is transforming from agriculture dependent into industrialized economy. Per capita GDP of Bangladesh rose to USD 1909 in last fiscal year. Bangladesh achieved the Millennium Development Goals (MDGs) remarkably. Now, Bangladesh...