Progress by numbers: Saarc summit's belated step to lower tariffs

Article Abstract:

The South Asian Association for Regional Cooperation (Saarc) held its seventh summit in Dhaka, Bangladesh on Mar 11-12, 1993. An agreement to look into reducing or eliminating tariffs on trade between Saarc members was the chief achievement of the seven heads of government who attended. The summit was originally going to be held in Dec 1992 but had to be delayed after Hindu revivalists wrecked a mosque in Ayodhya, India. Summit participants hope that tariff negotiations will be completed by the end of 1995.

Conferences, meetings and seminars, International trade, South Asia, Tariffs, Asia, Southern, South Asian Association for Regional Cooperation

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Striking at the economy

Article Abstract:

Frequent strikes ordered by the political opposition in Bangladesh are hurting the country's weak economy and threatening the lives and livelihoods of its poorest people. The best independent estimate of strike costs puts them at $60 million a day, with 15-20 day-long strikes annually and many half-day ones. In all, they may cost the country $1 billion per year, or 3.6% of national GDP. The business community is angry, not least because its contributions go to pay for the strikes and their organization.

Strikes, Labor relations, Labor productivity

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Top degree, top dollar

Article Abstract:

Two private universities are set to open in Bangladesh next year to offer better education and to prevent unnecessary politics from entering campuses. This is a change for the government which has long had a monopoly on free tertiary education which has suffered from low resources and perennial deficits. Moreover, academic standards have also gone down due to students' political activism, causing children of the rich to seek education in Western private schools.

Schools, Private universities and colleges

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