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Straight talk: The issue of dual citizenship

The economic, legislative, and regulatory environment of the home country, as well as the quality of governance, have strong influences on individual decisions on using or misusing the instrument of dual citizenship ....

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Should US bank failures concern Bangladesh's financial sector?

What has led to bank failures in the US may look different from what Bangladeshi banks are living through now, but the bottom line is the same. The failure to understand the term mismatch between assets and liabilities, and inept risk management – which led to the collapse of two US banks – are quite common in most Bangladeshi banks (with a slightly different texture). ....

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Banning hundi won't solve Bangladesh's forex problem

The demand for dollars comes from many sources, but money laundering is like the white elephant in the room. A former chief of the National Board of Revenue (NBR) openly asked, “Who is laundering out all the money? There must be someone in the know.” ....

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The art of not paying attention to what economists have to say

The IMF wants Bangladesh to adopt certain reform measures; measures that local economists have been suggesting for years. So, why don’t governments listen to economists? ....

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Bangladesh can avoid the middle-income trap yet

Bangladesh growth performance: Bangladesh experienced a silver lining in growth performance that displayed a pattern of acceleration until the pandemic torpedoed global growth. Bangladesh’s growth volatility is one of the lowest in the region, suggesting that its growth will not fluctuate like Argentina’s or Greece’s. ....

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