Economics
Bangladesh's Stagflation -- High Inflation, Low Growth, and the Policy Trap
Bangladesh entered a rare and dangerous economic state during 2022-2026 — high inflation (10%+), low GDP growth and taka depreciation all together. This condition is called stagflation — the same condition that brought the US economy down in the 1970s. Normal monetary policy does not work against it, because raising rates to tame inflation further chokes growth. This article explains where Bangladesh's stagflation came from, why it is so dangerous, and how a country can escape it.
May 11, 202619 views
