Page 17 - Development Studies News Today

Browse New Zealand news, research and analysis from The Conversation

A one-party authoritarian government system can work well to become a developed nation but at least some areas should be less politicised, said eminent economist Prof Wahiduddin Mahmud.

Browse New Zealand news, research and analysis from The Conversation

Besides, these “new poor” are vulnerable to further deterioration of their financial health as they lack strong networks with employers, access to loans and social safety net programmes.

Market-Based Interest Rate Bangladesh: Bangladesh Bank is going to introduce a flexible interest rate and exchange rate instead of fixed or band rates in line with the prescription of International Monetary Fund (IMF).

However, this will not be easy for a least developed country (LDC) like Bangladesh, he added while addressing the inaugural session of the “First Development Studies International Conference- DSIC 2024”.

Bangladesh Bank (BB) Governor Abdur Rouf Talukder yesterday (5 May) said the central bank will soon adopt a market-based interest rate and apply a crawling peg system to fix the foreign exchange rate. He said the BB is working with prominent economists and bankers to prepare a contractionary monetary policy measure to curb inflation and restore macroeconomic stability. Abdur

Bangladesh is currently facing a democratic deficit, said Hossain Zillur Rahman, executive chairman of Power and Participatory Research Centre (PPRC). "In absence of meaningful political participation, it is a cruel reality [of the country]," he said while addressing at an academic session titled 'Pathways to Overcome Democratic Deficit' at a hotel in Dhaka on Monday (6 May).

Bangladesh needs to take the crucial decision of embracing digital technology to ensure essential services like healthcare and education, said Binayak Sen, director general at the Bangladesh Institute of Development Studies (BIDS), yesterday.

Despite the existence of policies, strategies, and plans to address climate change as a major concern, gaps still remain in the engagement of marginalised communities in climate action, according to a new study.