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in Contemporary Issues

Socio-Economic Progress with Poor Governance: How are Amartya Sen’s Thoughts Relevant for Contemporary Bangladesh?

Wahiduddin Mahmud – Keynote presentation at the inaugural programme of the year-long “Study Circle on the Thoughts of Amartya Sen” organized by Banglar Pathsala Foundation, Dhaka, 9 March, 2020 he overriding concerns of Amartya Sen’s writings are about how to promote public action towards achieving an equitable and just society, which particularly addresses the needs of the underprivileged. While his ideas are of great relevance for all developing countries, this...

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10 Nov 2020
in Contemporary Issues

আন্তর্জাতিক ব্যবস্থাপনার সংহতিকালে দুর্বল দেশের রাজনৈতিক অর্থনীতি

Sajjad Zohir | Daily Bonik Barta | 28 April, 2021 | কিছু স্বল্পোন্নত দেশের অভিজ্ঞতা এবং গত দুই দশকের বেশি সময় বিশ্বজুড়ে  যা ঘটেছে, তার নিরিখে আমি সমাজ, অর্থনীতি ও রাজনীতির অঙ্গনে পরিলক্ষিত কিছু নিয়ম বা সম্পর্কের উল্লেখ করব। এগুলোকে ধ্রুব সত্য না ভেবে পর্যবেক্ষণ গণ্য করে কয়েকটি ‘মন্তব্য’ হিসেবে উল্লেখ করব। মন্তব্যগুলোকে যুক্তিপরম্পরায় গ্রথিত করে দুর্বল দেশগুলোর সংকটের উৎস ও স্বকীয়তা রক্ষার সম্ভাবনার প্রতি আলোকপাত করব। প্রতিটি মন্তব্যের ওপর...

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08 May 2021
in Contemporary Issues

Thinking Like an Economist: A Developing Country Perspective

-Wahiduddin Mahmud- This essay examines how economists are trained to look at economic issues differently than others. By using examples, it discusses the distinctive perspectives that can be gained from such economic concepts as counterfactuals, sunk cost or comparative vis-à-vis absolute advantage; it also illustrates how using the logic derived from abstract economic models can help avoid arguments at cross-purposes in public discourses. The essay argues that, in spite of...

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03 Mar 2021
in Uncategorized

Economics of Politics in a Weak Nation

-Sajjad Zohir- Reflecting on experiences around the world, this brief was prepared prior to making a presentation at the Royal University of Phnom Penh, Cambodia, in 2007 and was shared with friends and colleagues back home. All mentions of time periods are with reference to 2007. ‘Global Governance’ was added to the title in 2021. Drawing upon experiences in some of the less developed countries and the happenings around the...

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02 Mar 2021
in News, Publication

Economics in Search of a Moral Philosophy

Working Paper Author: Wahiduddin Mahmud January 2021 The purpose of this essay is to review the state of economics as a discipline in light of how and to what extent ethical considerations and the precepts of moral philosophy affect the theory and application of economics. In its pursuit for purely ‘objective’ analyses and, thereby, attain the status of a science, modern neo-classical economics is constrained by self-imposed limitations in making...

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20 Jan 2021
in covid19

Coping with the Pandemic: ERG follow-up study on non-IT Firms

Prepared by: Sarah Muniyat & Mutasim Billah Mubde Economic Research Group had administered a survey on 106 firms in May 2020 to investigate the impact of Covid-19 and associated mitigation strategies on businesses, in four domains – work orientation, adverse market conditions, rental contract renegotiation and employee contract renegotiation. A month later, in June 2020, two follow-up surveys were conducted. This paper presents findings from a matched sample of 63...

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07 Jul 2020
in covid19

Spread of Covid-19 in Bangladesh: Evidence from Reproduction Number

Susmita Dutta Recent graduate, Shahjalal University of Science and Technology, Sylhet. [The paper was presented at a webinar organised by Economic Research Group (ERG) on 29 June 2020.] Abstract   The study estimates time-dependent reproduction number of coronavirus in case of Bangladesh using incidence data from March 9, 2020 to June 25, 2020. The mean reproduction number is 1.40 (95% Cl 1.11, 1.73), which indicates expected continuation of outbreak in...

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06 Jul 2020
in covid19

Coping with the Pandemic: ERG follow-up study on IT Firms

Prepared by: Abu Hasnat Abdullah and Sajjad Zohir The Economic Research Group (ERG) had undertaken a survey of enterprises in May 2020 and the findings were reported in the Financial Express on June 11. The IT firms included in that survey were found to be in e-commerce, web development and other IT services, representing non-software IT firms (NSW-IT). Subsequently, another survey was administered in June on a sample drawn from...

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04 Jul 2020
in covid19

Renegotiations at firm levels: Comprehending effects of Covid-19

The Financial Express । June 11, 2020 । Mutasim Billah Mubde, Abu Hasnat Abdullah, Sarah Muniyat and Sajjad Zohir । The SARS-CoV2 pandemic, leading to deadly Covid-19, brought disruptions in inter-country as well as within-country flow of goods and services. Economic Research Group (ERG) carried out a tele-based survey of 102 firms engaged in manufacturing and service sectors to assess (i) extent of initial ‘shock’ faced, and (ii) coping strategies...

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13 Jun 2020
in Contemporary Issues, covid19

Businesses renegotiating contracts to cope with COVID-19

Financial Express | June 6, 2020 Businesses are renegotiating contracts with multiple stakeholders as they are facing uncertain future due to COVID-19 pandemic. A study, conducted by the Economic Research Group (ERG) on selected areas of contracts, revealed the information. The findings of the study were presented at a webinar on Sunday attended by researchers and academia. Among others, ERG chairperson Dr Wahiduddin Mahmud was present at the webinar. On...

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09 Jun 2020
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