Huge capital inflow required to off-set depressive trend.

Abstract

This article ''Huge capital inflow required to off-set depressive trend'' by M. Azizur Rahman addresses the global economic downturn following the financial crisis of 2008–2009, emphasizing its severe impact on developing countries like Bangladesh. The author outlines factors such as declining exports, reduced production, rising unemployment, and inflation caused by increased production costs, especially due to oil and fuel crises. It highlights the need for massive capital inflow, increased foreign aid, and international cooperation to stimulate economic growth, investment, and employment. The author stresses urgent action from international financial institutions, including the World Bank and IMF, and the developed nations to extend concessional loans and grants. The piece concludes by asserting that only through collaborative global efforts can the depressive trend be offset and sustainable recovery ensured.