PDF Bangla book Shibram Rochona Somogro by Shibram Chakraborty. Free download or read Shibram Rochona Somogro PDF Bangla book. Shibram Chakraborty is very popular among book lover of Bangladesh. Shibram Rochona Somogro is a good rating book of Shibram Chakraborty. In September 1985 this books was first published by Annapurna Publication. After September 1985 Shibram. Shibram Chakraborty (Bangla: শিবরাম চক্রবর্তী) was a popular Bengali writer, humorist and revolutionary who is best known for his humorous stories. His best known short stories and novels are renowned for their unique use of pun, alliteration, play of words and ironic humor. He was a prolific author who also wrote poems, plays, non-fiction and novels for mature audiences in his long career.He worked as a volunteer in the Swadeshi movement and came.
Editor's Note: Kaushik Basu is former chief economist of the World Bank and former chief economic adviser to the government of India, professor of Economics at Cornell University and nonresident senior fellow at the Brookings Institution. The article reflects the author's opinions, and not necessarily the views of CGTN.
Over the last decade, the world economy has experienced a steady build-up of debt, now amounting to 230 percent of global GDP. The last three waves of debt caused massive downturns in economies across the world.
The first of these happened in the early 1980s. After a decade of low borrowing costs, which enabled governments to expand their balance sheets considerably, interest rates began to rise, making debt-service increasingly unsustainable. Mexico fell first, informing the United States government and the International Monetary Fund in 1982 that it could no longer repay. This had a domino effect, with 16 Latin American countries and 11 least-developed countries outside the region ultimately rescheduling their debts.
In the 1990s, interest rates were again low, and global debt surged once more. The crash came in 1997, when fast-growing but financially vulnerable East Asian economies – including Indonesia, Malaysia, South Korea, and Thailand – experienced sharp growth slowdowns and plummeting exchange rates. The effects reverberated worldwide.
But it is not only emerging economies that are vulnerable to such crashes, as America's 2008 subprime mortgage crisis proved. By the time people figured out what 'subprime' meant, the U.S. investment bank Lehman Brothers had collapsed, triggering the most severe crisis and recession since the Great Depression.
The World Bank has just warned us that a fourth debt wave could dwarf the first three. Emerging economies, which have amassed a record debt-to-GDP ratio of 170 percent, are particularly vulnerable. As in the previous cases, the debt wave has been facilitated by low interest rates. There is reason for alarm once interest rates begin to rise and premiums inevitably spike.
The mechanics of such crises are not well understood. But a 1998 paper by Stephen Morris and Hyun Song Shin on the mysterious origins of currency crises, and how they are transmitted to other economies, shows that a financial tsunami can make landfall far from its source.
How the source of financial trouble can vanish, leaving others stranded, was illustrated in the delightful short story 'Rnam Krttva' by the celebrated twentieth-century Indian writer Shibram Chakraborty. In the story – which I translated into English and included in my book An Economist's Miscellany – the desperate Shibram asks an old school friend, Harsha, to lend him 500 rupees (7 U.S. dollars) on a Wednesday, to be repaid the following Saturday. But Shibram squanders the money, so on Saturday, he has little choice but to ask another school friend, Gobar, for a loan of 500 rupees, to be repaid the next Wednesday. He uses the money to repay Harsha. But when Wednesday rolls around, he has no way of repaying Gobar. So, reminding Harsha of his excellent repayment record, he borrows from him again.
Shibramer Mojar Galpa Bangla pdf to ebook format
e-book name- Shibramer Mojar Galpa
Author name- Shibram Chakraborty
Edited by- Abdush Shakur
File format- PDF
PDF size- 16mb
Pages- 79
Quality- high
Shibram Chakraborty Short Stories Pdf
Shibram Chakraborty Short Stories Story
Shibram Chakraborty (December 13, 1903 and August 28, 1980) was a delightful, humorist short story writer. His literature career started with poetry-writing, the first poem comes up in ‘Bharati’ magazine. The first published two books of poetry are ‘Manush’ and ‘Chumban’ in 1929. Thereafter he wrote many articles, stories, so many unique funny stories. He had a diversified life, he did Politics, was in jailed, sold newspaper, stay night on sidewalk, Journalism, only one thing he didn’t, it was married. Today I’ll share with all my dear little friends, an ebook pdf of humorist short story collection. All these stories written by Shibram Chakraborty and the book edited by Abdush Shakur. Collect the ebook from link below.
Bangla pdf to ebook format ‘Shibramer Mojar Galpa‘