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A New ‘Economic Doctrine’ in Bangladesh: Salary Hikes as the Sole Cure for Governance Ills?
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A New ‘Economic Doctrine’ in Bangladesh: Salary Hikes as the Sole Cure for Governance Ills?
By Asif Showkat Kallol (Dhaka Bureau) At a time when global movements for human rights and social equity are demanding a reduction in economic disparities, a peculiar and contrasting economic philosophy seems to have emerged from the capital of Bangladesh. The core tenet of this new doctrine appears to be simple: ‘Raise salaries, solve every problem.’ Whether it is a declining stock market, persistent market manipulation, or the despair of smal…
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