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Biru Paksha Paul

OPEN SKY

The writer is visiting fellow at Bangladesh Institute of Development Studies (BIDS) and guest faculty at the Institute of Business Administration (IBA), Dhaka University.

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The economics behind Trump’s tariff war

Trump’s tariff war is a deliberate way to put a lid on China' export expansion.
14 July 2025, 02:00 AM
14 July 2025, 02:00 AM
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The corona-clenched economy: Changes and policies

Alan Greenspan, who led the US Federal Reserve for two decades, was summoned in congress and testified that the financial crisis of 2008-2009 was an economic tsunami which could happen once in a century.
18 April 2020, 18:00 PM
18 April 2020, 18:00 PM
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Time to reform the finance ministry for robust growth

It is hard to achieve a growth of around 8 percent, and it will be even harder to maintain this trend unless we reform our ministry of finance (MOF) to steer the economy in the right direction. An MOF is usually the chief conductor of the orchestra of a country’s
9 September 2019, 18:00 PM
9 September 2019, 18:00 PM
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Budget FY2019-20: New directions, old roads

This is the first time we noticed a prominent leader of the opposition using an appropriate word, “ambitious”, to describe the budget, instead of branding it as “anti-people.” This is a good sign because the first budget for a new finance minister should be forward-looking.
15 June 2019, 18:00 PM
15 June 2019, 18:00 PM
Saving our ailing banking sector

Saving our ailing banking sector

Bangladesh's banking sector faces a number of major challenges including rising nonperforming loans, credit concentrations, poor
26 March 2019, 18:00 PM
26 March 2019, 18:00 PM
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The vicious impact of bureaucracy in business

When we were students, we hated red tapism—we spoke and wrote against it and vowed to change it in the future. But after being recruited into government service, we forgot our old promise, or dared not to talk about it.
16 February 2019, 18:00 PM
16 February 2019, 18:00 PM
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A note on re-fixing interest rates on Sanchayapatra

Finally, the government has decided to re-fix interest rates on National Saving Certificates (NSCs) or Sanchayapatra. Hopefully, it will
4 August 2018, 18:00 PM
4 August 2018, 18:00 PM
Quota

Quota issue from an economic perspective

Truth shall prevail against lies and falsehood. And economic truths are often ruthless.
28 July 2018, 18:00 PM
28 July 2018, 18:00 PM
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How to 'empower' economic growth

Empowering' economic growth should be the prime agenda for the nation right now when growth is slowing down. This is a challenging task that can be done by ensuring the marriage of optimal investment policies with the right institutions.
3 April 2017, 18:00 PM
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The failure of the Happiness Index

My next-door neighbour in upstate New York was an old woman named June. Her husband Herbert was housed in a care centre for the elderly. They had grown-up kids living in different states of the US from where they made rare visits to their parents.
26 March 2017, 18:00 PM
When greed takes over

When greed takes over

One of the plays of five-time nominee for the Nobel Prize, Maxim Gorky, was improvised in Bengali and was named Abirampaurutibhakshan (eating loaves continuously).
17 March 2017, 18:00 PM
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A booster for default syndrome

When I joined the central bank more than two years ago, I witnessed the proposal of big loan restructuring. One phrase economists care about is “moral hazards.”
11 March 2017, 18:00 PM
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Making the budget more vibrant

The budget is a seasonal music that hardly runs out of notes. Most people criticise it as ambitious although that is how it ought to be.
4 March 2017, 18:00 PM
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Sanchaypatra: The Titanic will sink

In 1971, my father took us to Meghalaya where our painful refugee life began. We were on daily rations. As a little boy, I used to stand in the queue and sometimes rations ran out before I reached the counter.
25 February 2017, 18:00 PM
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Love Bangla but do not hate English

The two tests my school friends hated the most were English and Math. When I was a college boy at a Dhaka residential school, one of my friends did not eat egg for breakfast on the date of English exams lest he scores less in the subject.
18 February 2017, 18:00 PM
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PATALRAIL FOR DHAKA: The nation has no alternative

My university in Upstate New York once sent all its faculty members to Raquette Lake for meditation and brainstorming research ideas.
11 February 2017, 18:00 PM
monetary policy

Monetary policy for a 'grandson' economy

After the announcement of the new monetary policy for January-June 2017, the stock market faced a rapid decline, suggesting a negative response of the capital market to the central bank's stance and attitude.
6 February 2017, 18:00 PM
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Is globalisation reversible?

Over every summer, I leave the US to visit my village in Nalitabari where I look after construction work and run an online class for the students of mainly upstate New York.
18 January 2017, 18:00 PM
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Why institutions are so important for growth

In 1900, Argentina looked like a promising country with respectable growth. It was queueing to be an industrialised country like many other western European nations.
14 January 2017, 18:00 PM
Aiming for higher growth in 2017

Aiming for higher growth in 2017

The challenges on the international front the year 2017 will pose will be less impactful than domestic debility in private investment. Macro stability will continue to persist without remarkable improvement in the financial sector.
2 January 2017, 18:00 PM
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An easy read of the budget: How it promotes growth

While people in developed nations pay little attention to their annual budgets, it turns out to be the most influential document for
21 June 2016, 18:00 PM
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Why is the Bangladesh economy different?

The difference also came through the indomitable character of its people. Given the lowest investment in research, Bangladeshis can make the highest amount of innovations as seen in agriculture and services.
15 February 2016, 18:00 PM

Homework for monetary policy

The latest monetary policy, which the central bank governor had announced recently, has passed through the market with a fair amount of approval...
1 February 2016, 18:00 PM
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New optimism for investment

The year 2016 has started with a note of optimism in the frontiers of both political understanding and investment prospects. Unlike
11 January 2016, 18:00 PM
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Why economists differ so widely

PROJECTING an economic outlook in early January is a New Year tradition. While political forecasts are not too divergent, economists
4 January 2016, 18:00 PM

Fuel price adjustment: Somoy gele sadhan hobena

Over the last one year, since December 2014, Bangladesh's 12-month average inflation fell by 11 percent and came down to 6.2 percent in November 2015. However, India's inflation fell by 28 percent and came down to 4.8 percent, Pakistan's inflation dropped by 62 percent to reach below 3 percent.
28 December 2015, 18:00 PM

Message of Kaushik Basu for Bangladesh

Economics can turn into an inspirational story if the economist deals the subject with passion and insight. That is what Professor
21 December 2015, 18:00 PM

How grave is the investment situation?

The rate of return in Bangladesh is still high enough to attract new businesses. The businesses that desperately seek to install plants in foreign lands did not exhaust domestic possibilities by scanning our potential.
7 December 2015, 18:00 PM

Pagination

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