While a privileged minority, sitting in their high castles, continue to enjoy a larger and larger share of the fruits of “development,” it is becoming obvious that the vast majority are increasingly struggling.
Reducing income inequality by taking concrete steps is morally fair and economically justified.
Eminent economist Prof Rehman Sobhan thinks Bangladesh in the next 10 years will be a very unequal society even though the economy could be diversified and better off in terms of aggregate.
Bangladesh’s wealth inequality keeps getting wider
Ironically, under the shadow of stability, the quality of economics and politics has been compromised
Overall progress can conceal significant details regarding regional variations in development
Clearly, deep-rooted biases and stereotypes are at play.
Rising economic inequality in Bangladesh is not an inevitable phenomenon.
The poverty trend emerging from valid comparisons with the previous rounds of HIES may or may not be different.
While a privileged minority, sitting in their high castles, continue to enjoy a larger and larger share of the fruits of “development,” it is becoming obvious that the vast majority are increasingly struggling.
Reducing income inequality by taking concrete steps is morally fair and economically justified.
Eminent economist Prof Rehman Sobhan thinks Bangladesh in the next 10 years will be a very unequal society even though the economy could be diversified and better off in terms of aggregate.
Bangladesh’s wealth inequality keeps getting wider
Ironically, under the shadow of stability, the quality of economics and politics has been compromised
Overall progress can conceal significant details regarding regional variations in development
Clearly, deep-rooted biases and stereotypes are at play.
Rising economic inequality in Bangladesh is not an inevitable phenomenon.
The poverty trend emerging from valid comparisons with the previous rounds of HIES may or may not be different.
Specific policy incentives are needed to stimulate the economy and revive the labour market.