Dhaka, Dec. 29 -- A former lead economist of the World Bank (WB)'s Dhaka office, Dr Zahid Hussain recently said what Bangladesh economy is experiencing at the moment is a form of stagflation. Stagflation in developed economies like in the UK is characterized by high inflation, low growth and rising unemployment. The example of the UK has been drawn because it is in fact in Britain where the term, 'stagflation', originated and was perhaps coined and popularized by a British politician named Jain Macleod in 1965 when his country was experiencing low productivity, excessive government spending and stubborn trade deficit. But this phenomenon of stagnated economic growth, rising unemployment and high inflation (demonstrated by rising prices) a...