Prof Wahiduddin Mahmud

Why rethink economics? It is increasingly being recognized that there is something grievously wrong with the contemporary global economic order with its supremacy of the market - an economic order that is characterized by instability and unprecedented inequality amidst plenty and is posing threat to the very sustainability of the global environmental habitat.

A look at the revised budget for the outgoing financial year and its state of implementation up to the month of March reconfirm the main weakness of our financial management, namely, the persistently low revenue mobilisation that routinely misses its target.