Canadian University of Bangladesh (CUB) hosted an event with Hamid Rashid, chief of Global Economic Monitoring, Department of Economic and Social Affairs, United Nations (UN) as keynote speaker at CUB.
Rashid, an esteemed economist with extensive experience, delivered an enlightening speech on "The Global Economic Outlook & its Implications for Bangladesh" on Monday, according to a press release.
The event was attended by Dr Chowdhury Nafeez Sarafat, founder and chairman, BoT of CUB.
As the former director general for Multilateral Economic Affairs at the Ministry of Foreign Affairs in Bangladesh, Rashid brought a wealth of knowledge and expertise to the discussion, captivating the audience with his profound insights.
He highlighted three major global trends that are shaping the current economic scenario.
CourtesyAddressing the audience, he appreciated the resilience demonstrated by Bangladesh in the face of these global trends.
Rashid iterated the rise of artificial intelligence (AI), which marks the first time in human history that humans are competing directly with AI. This has significant implications for labor markets and poses a policy trilemma.
The session was attended by Patrick Tangney, chairman and CEO, Pinnacle Towers and Frontier Towers Group and Virtual Dean, School of Science and Engineering of CUB.
He shared insights on entrepreneurial mindsets and the importance of minimizing transaction costs in fostering a thriving business environment.
The program was commenced by Professor Ridhwanul Haq of IBA, Dhaka University.
The distinguished Vice Chancellor of CUB H M Jahirul Haque in his closing remarks expressed heartfelt gratitude to all the attendees for their wholehearted participation.
He emphasized the significance of such events in fostering a deeper understanding of the global economy and its implications for Bangladesh.
