Editorial
This issue of the Journal contains four articles written by eminent economists and authors. Prof. Ayubur Rahmn Bhuyan in his paper, ‘The Performance of the Bangladesh Economy in 2012-13 and Future Prospect’ tries to present a critical review of the country’s economic performance during the first few months of Fy13. The paper focuses on the state of the real economy, growth of GDP and its corporate sectors, monetary and credit developments, public revenue and expenditure, external sector developments and inflation. It evaluates the performance of the major sectors of the economy and presents the outlook for GDP growth in the present fiscal. The paper also highlights developments in money and capital markets and apprises the Bangladesh Bank’s latest monetary policy statement and also points out some weaknesses in the banking sector policy regime that needs to be addressed by the central bank
Sarwar Md. Saifullah Khaled in his paper ‘Islamic Economy may effectively replace Global Capitalism for Human Well-being’ attempts to review and explain the philosophy behind the recent awakening in the form of ‘Occupy Wall Street’ movement in protest of Capitalistic and corporate business’s merciless exploitation. The paper tries to assert that the gainers of global capitalism and corporate business are only 1% rich around the world at the cost of 99% world population. According to the paper capitalism always favours the rich minority and socialism also failed to redress the problems of the downtrodden. The paper suggests that Islam is the only way out of this malice.
Tahmina Rahman in her paper ‘Issues and concerns in Formulation Policies for Agricultural Sector: Bangladesh Perspective’ highlights the existing policies in agriculture together with their shortcomings and discusses some conceptual issues like major policy instruments and their use in influencing agricultural sector growth problems arising out of market imperfection, role of technology etc. The paper concludes with some recommendations.
Md Mahabbat Hossain and A. N. K. Mizan in their paper ‘Earnings Diversification and EPS of Islamic Banks in Bangladesh’ make an attempt to identify the levels of earnings diversification of Islamic banks in Bangladesh as well as how these banks are serving the interest of the stakeholders.
The paper suggests that the banks should diversify their sources of earnings but these should not be dominating ones by replacing the traditional activities of banks.
Vol. 23, No. 01 ISSN 0256 8586 January-March 2013
Articles
Prof. Ayubur Rahmn BhuyanThe Performance of the Bangladesh Economy
in 2012-13 and Future Prospect
SarwarMd.Saifullah KhaledIslamic Economy may effectively replace
Global Capitalism for Human Well-being
Tahmina RahmanIssues and Concerns in Formulating Policies for Agricultural Sector: Bangladesh
Perspective
Md Mahabbat Hossain Earnings Diversification and EPS of Islamic A. N. K. Mizan Banks in Bangladesh
THOUGHTS ON ECONOMICS
Vol. 23, No. 01 ISSN 0256 8586 January-March 2013
Prof. Ayubur Rahmn Bhuyan07 The Performance of the Bangladesh Economy
in 2012-13 and Future Prospect
Sarwar Md. Saifullah Khaled53 Islamic Economy may effectively replace
Global Capitalism for Human Well-being
Tahmina Rahman75 Issues andConcerns in Formulating Policies for Agricultural Sector: Bangladesh
Perspective
Md Mahabbat Hossain & 95Earnings Diversification and EPS of Islamic
A. N. K. MizanBanks in Bangladesh
THOUGHTS ON ECONOMICS
Vol. 23, No. 01 ISSN 0256 8586 January-March 2013
Dr. M. Umer Chapra
Dr. Anas Zarqa
Dr. Fahim Khan
Dr. Monzer Kahf
Dr. Dilwanaz Siddiqi
Prof. Rafiqul Islam Molla
Dr. M. Ataur Rahman
Chief Editor:Janab Shah Abdul Hannan
Editor: Janab M. Nurul Amin
Member:Professor Ayubur Rahman Bhuyan
Member:Prof. M. Kabir Hassan
Member:Janab Mohammad Nurul Islam
Member:Dr. S.M. Ali Akkas
Member:Prof. M. Muzahidul Islam
Member:Prof.Md. Sharif Hussain
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THOUGHTS ON ECONOMICS
A Quarterly Journal of Islamic Economics Research Bureau
Vol. 23, No. 01, January-March 2013
ISSN 0256 8586
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