While lauded as the promoter of development and progress in Bangladesh, the World Bank and the IMF—the unholy duo of the global financial order—had also received sharp scrutiny for intrusive policy prescriptions and retraction of funds swayed by vested interests. The discourse of global financial institutions had featured prominently in Bangladesh’s growth dynamics. In the wake […]
The world’s 10 richest billionaires added roughly $402 billion to their collective wealth in 2021, a year marked by continued suffering and economic dislocation fueled by the global coronavirus pandemic. “Heading into 2022, the 10 wealthiest individuals in the world are all worth more than $100 billion,” CNBC noted, citing the Bloomberg Billionaires Index, which tracks and […]
The “Pandora Papers,” a new investigation led by the International Consortium of Investigative Journalists, has fueled outrage around the world. Politicians, businesspeople, sports stars, and cultural icons have been caught in the act of hiding their wealth and lying about it. But how likely is a reckoning for the lawyers and accountants who helped them? […]
The novel coronavirus has accelerated the global trend towards a cashless economy. The growth of e-commerce and the ease of contactless payment options amidst the fear of paper money contamination with the virus have further boosted the scope of digital transaction. This has facilitated the growth of the Mobile Financial Services (MFS) industry, especially in […]