Increase productivity contain inflation

Abstract

The article "Increase Productivity, Contain Inflation" by M. Azizur Rahman published in The New Nation on 10.12.2010 examines the dual challenge of boosting economic productivity while controlling inflationary pressures in Bangladesh. It analyzes how structural inefficiencies, supply chain bottlenecks, and energy shortages constrain output growth, contributing to cost-push inflation. The piece advocates for policy measures to enhance agricultural and industrial productivity through technological modernization, skills development, and infrastructure improvement. It also discusses the role of monetary policy coordination in stabilizing prices without stifling growth. The article emphasizes the need for sector-specific strategies to balance productivity gains with price stability, particularly in food production and manufacturing.