Syed Mansoob Murshed, Professor at the Erasmus University Rotterdam in the Netherlands presented a lecture at Brac University on Sunday, 16 February, 2020. The event was jointly organised by the Centre for Peace and Justice (CPJ) and the Department of Economics and Social Sciences.
Professor Murshed teaches Economics of Conflict and Peace at the International Institute of Social Studies. He is also a professor of economics at Coventry University in the UK.
Professor Murshed spoke on “Institutions and Development”. He said excessive emphasis on institutions can serve to divert attention from the global trend of rising inequality. This is arguably the greatest menace to mankind at present. Everybody should be aware of the dismal prospects for growth spurts based on manufacturing. Good quality institutions are nowadays considered to be the sine qua non for achieving long-term economic growth and development.This thought comes about from mainstream neo-classical economists. Policymakers should put emphasis on quality education and infrastructural development to meet the challenges of next generation.
Manzoor Hasan OBE, Executive Director of the CPJ, moderated the discussion. Dr Samia Huq, research fellow of the CPJ, and students of various departments attended the lecture.