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OPEN SKY

Birupaksha Paul

OPEN SKY

Dr Birupaksha Paul is professor of economics at the State University of New York in Cortland, US.

ED1.jpg

The interim’s last-minute deals and the economic perils ahead

8 February 2026, 01:49 AM
The interim government has entered a sensitive arena by approving a defence industrial zone in Chattogram’s Mirsarai.
8 February 2026, 01:49 AM
OP 2 - A response to the rebuttal_d660.jpg

Rebutting the rebuttal: On inflation, unemployment, and the Phillips curve

8 January 2026, 07:00 AM
My article, "The interim has failed to curb inflation and unemployment," was published in The Daily Star on Dec 29, 2025. Dr Abdullah A Dewan has delivered a rebuttal to my writing, published on January 4, 2026.
8 January 2026, 07:00 AM
ed1.jpg

Opinion / The interim has failed to curb inflation and unemployment

29 December 2025, 02:00 AM
If the national election does take place in February, a new government will face dire quandaries for the economy.
29 December 2025, 02:00 AM
bangladesh bank ordinance 2025

How to make the Bangladesh Bank autonomy ordinance effective

21 August 2025, 02:00 AM
The success of the Bangladesh Bank’s policymaking hinges on several factors.
21 August 2025, 02:00 AM
monetary policy

Can monetary policy rescue the economy?

17 August 2025, 02:00 AM
The question remains whether this policy can rescue the economy from the doldrums and place it firmly on the path of vibrancy.
17 August 2025, 02:00 AM
Ashik Chowdhury speech at investment summit

Singapore in 10 years?: BIDA chairman’s optimism vs economic reality

21 April 2025, 02:00 AM
Bangladesh need not be like Singapore right now. Rather, it needs to understand how a country like Vietnam has been accelerating its pace of development.
21 April 2025, 02:00 AM
the-root2.jpg

The root of the financial corruption

17 February 2025, 18:00 PM
One of Benjamin Franklin’s quotes states, “Creditors have better memories than debtors.” But the inverse is true in Bangladesh, where the creditors often intentionally suffer from amnesia.
17 February 2025, 18:00 PM
What makes the economy more troubled to progress?

What makes Bangladesh's economy more troubled to progress?

9 January 2025, 02:00 AM
There is no certainty that the economic aspects won’t deteriorate further.
9 January 2025, 02:00 AM
Banking sector crisis

Why is the banking sector crisis so deep-rooted?

The regime-sponsored immorality to protect or pamper the financial gangsters not only eroded the future of the banking sector, but also made the wound too difficult to recover from.
25 November 2024, 02:00 AM
The renaissance of Bangladesh Bank and some expectations

The renaissance of Bangladesh Bank and some expectations

We hope that the BB governor will continue the momentum and spirit to bring order and promote the economy.
4 September 2024, 03:00 AM
Bangladesh Bank new leadership

Can the new leadership save the economy?

Never has this country seen such a scholarly leadership team for economic policymaking in its history
18 August 2024, 02:00 AM
FY2024-25 budget analysis

A philosophically incorrect, structurally frail budget

When commitments don’t match with actions, the budget becomes methodologically disturbing too.
11 June 2024, 08:00 AM
truths about the banking sector of Bangladesh

A former governor’s unpleasant truths about the banking sector

Economists are always noted for telling unpleasant truths because they go by numbers, research, theory, and judgement. Rarely do politicians—who can manufacture arguments to suit their purpose—endorse economists who are objective. Former Bangladesh Bank Governor Dr Mohammad Farashuddin has unvei
8 May 2024, 14:00 PM
Bangladesh bank's restrictions on journalists' access

The concept of a public institution eludes our central bank

BB has recently restricted the journalists’ access for no reason in sight.
30 April 2024, 15:00 PM
Turning rotten apples into fresh oranges

EXIM-Padma Bank 'merger': Turning rotten apples into fresh oranges?

Bangladesh Bank deserves credit for forging the deal of signing the MoU between EXIM Bank and Padma Bank on March 18.
23 March 2024, 14:00 PM
Dollar hoarding in Bangladesh

Why do people stash dollars under pillows?

It's because of the inflation-led pressures on Bangladesh’s taka and the central bank's undervaluation of the US dollar.
11 March 2024, 02:00 AM
Opinion The farce of expressing PCI in taka

The farce of expressing PCI in taka

This is nothing more than a poor trick that will eventually produce no real gain.
20 February 2024, 01:00 AM
banks.jpg

How default culture plagues Bangladesh’s banking sector

A pre-Socratic Greek philosopher named Parmenides first articulated the famous idea: “Nothing comes from nothing.” Later, it appeared in Aristotle’s Physics. The Roman philosopher,
19 February 2024, 18:00 PM
inflation_24.jpg

New monetary policy is appropriate in direction, but inadequate in dosage

Why this behind-the-curve approach to fighting inflation?
25 January 2024, 02:00 AM
Why our balance of payments won’t balance out post-election

Why our balance of payments won’t balance out post-election

With the facade of the elections at its height, prevailing financial issues seem to have faded into the background.
3 January 2024, 01:00 AM
Why nations fail

Politicians’ wealth surge and why nations fail

The unbridled rise of moral hazards that engulf a nation and force it onto the path which leads to all areas becoming massively politicised, resulting in the youth being eager to become politicians for the wrong reasons.
18 December 2023, 04:00 AM
role of FID in regulating banks

Little to achieve if Bangladesh Bank isn’t sincere

The International Monetary Fund (IMF) will require a certain amount of foreign currency reserves to ensure the next installments in the future.
14 December 2023, 04:31 AM
Our rising foreign debt and financial worries

Our rising foreign debt and financial worries

The growth of debt exceeding the growth of GDP is a clear sign of vulnerability, the consequences of which are already present.
28 November 2023, 02:00 AM
screenshot_2023-09-19_at_8.21.10_pm.png

Correcting the dollar’s price is the only medicine we need

A single, sensible policy can make a motley of weird prescriptions totally redundant.
19 September 2023, 14:13 PM
tax_rates.jpg

A faulty tax policy equals a dehydrated housing sector

Under the Income Tax Act, 2023, the 'gain' tax on plots, flats and commercial establishments has doubled and redoubled.
4 September 2023, 03:00 AM
Risky loans and the talent for making excuses

Rising risky loans and the talent of making excuses

The actual share of NPLs in total loans would have crossed 20 percent had BB not loosened the definition.
21 August 2023, 02:02 AM
Surging government borrowing

Surging government borrowing portrays a grim future

Recent trends seem to care too little about the wise art of deficit financing.
6 August 2023, 03:00 AM
New monetary policy

Monetary policy has been set free... but not really

While the government’s latest monetary policy for the first half of fiscal year 2023-24 shows an attempt to be rational for the market, it lacks vigour to solve inflation and the dollar crisis.
21 June 2023, 14:00 PM

Pagination

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