Although definitions differ across countries, the informal economy generally refers to economic activities operating outside formal regulatory systems. These activities are usually small, household-based, untaxed, and lack social protection. While not illegal, they remain outside the scope of national laws. Read the full article on thedailystar.net
Informal economy and economic inclusion Read More »
After Covid-19, many countries, including those in South Asia, have struggled to regain economic growth, while Bangladesh has begun to recover. Although growth slowed during the pandemic, the economy’s underlying strength is now driving recovery. However, growth alone is not enough. Without inclusiveness, rising inequality and persistent poverty undermine the goal of building an egalitarian
We want inclusive growth, not just growth Read More »
On June 9, Finance Minister AHM Mustafa Kamal proposed a Tk 6,78,640 crore budget for 2022-23. Social security allocation for the poor and marginalized increased by Tk 5,962 crore to Tk 1,13,576 crore, covering 122 programs. The Minister noted rising hardships, while high inflation is expected. (Prothom Alo, June 9) Read the full article on
Budget Must Support Vulnerable Read More »
This article examines whether Bangladesh is gradually transitioning toward a welfare-state model. It explores the expansion of social safety net programs, public expenditure priorities, and government commitments to reducing inequality and vulnerability. While Bangladesh has made notable progress in poverty reduction and social protection coverage, challenges remain in targeting efficiency, fiscal sustainability, and institutional capacity.
Bangladesh: Is It Moving Toward a Welfare State? Read More »
