Bangladesh's economic turmoil: How do we get here?
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Dhaka, Dec. 19 -- Country's leading economists at a dialogue have said that the ongoing economic upheaval is mainly due to the long-standing structural problems, lack of good governance, absence of reforms, scams, capital flights and poor regulation. We witnessed corruption and poor governance eroding the very foundation of the economy to untold risks. Despite calling for corrective action for years, the authorities did not pay heed, they said.
Economists at the dialogue styled "Economy in Crisis: What should be the work plan?" organised by the Centre for Policy Dialogue in Dhaka on Saturday asked, "Can there be any legitimate expectation that these problems will be addressed in anyone's lifetime? Since these have gone so deep now." One ...
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