Economic Analysis Recession And Inflation
♫ Friday, January 21st, 2011THE economy of Bangladesh exudes intrinsic resilience and dynamism.
Despite being buffeted by repeated natural disasters, and man-made calamities to boot, it chugs along at a respectable growth rate. These catastrophic events, such as floods, cyclones and political turmoil, seem hardly to make much impression on the economy. While the leading economies of the world contracted sharply (more than 3.0 per cent reduction in growth rate) during the devastating recession of 2008-09, the Finance Minister declared that the growth rate of Bangladesh will rise by 0.3 per cent.
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