Bangladesh's Macroeconomic Policy

This book provides valuable insights on issues pertaining to current macroeconomic policy debates and challenges in Bangladesh. It evaluates various macroeconomic policies and reflects on a future direction in terms of four central themes: (i) Macroeconomic Policy, Growth and Poverty; (ii) Monetary and Fiscal Policy; (iii) International Trade and Finance; and (iii) Finance and Growth. Given its scope, the book will serve as a useful resource for academics and macroeconomic practitioners whose work involves developing countries. Dr Monzur Hossain is a Senior Research Fellow at the Bangladesh Institute of Development Studies, Dhaka. He has worked with the Bangladesh Bank, academia and research institutes including the Asian Development Bank Institute, Tokyo. He was involved in preparing background studies for the sixth and seventh Five Year Plans of the Government of Bangladesh, and has substantial experience in conducting performance assessments and impact evaluations for organizations such as the UNDP, World Bank, ADB, Bangladesh Bank, USAID and the Government of Japan. He has also worked as an individual consultant to the UNDP, UNCTAD, EU, and the IGC (London School of Economics).

Auteur
Dr Monzur Hossain is a Senior Research Fellow at the Bangladesh Institute of Development Studies, Dhaka. He holds a Ph.D degree in International Economics from the National Graduate Institute for Policy Studies, Tokyo, Japan. He has worked with the Bangladesh Bank, academia and research institutes including the Asian Development Bank Institute, Tokyo. Dr. Hossain has vast research and professional experience in the fields of macroeconomics, development economics, and banking and financial sector development. He has published extensively in accredited journals and contributed to many edited volumes.

Contributors Farhana Rafiq, Assistant Professor, Department of Economics, American International University, Bangladesh

Iffat Anjum, Senior Research Associate, South Asian Network of Economic Modeling (SANEM)

M. A. Baqui Khalily, Professor, Department of Finance, University of Dhaka, Bangladesh and former Executive Director, Institute for Inclusive Finance and Development (InM)

Mahbubur Rahman, Senior Research Associate, University of Portsmouth, U.K. and former Research Fellow, Bangladesh Institute of Development Studies

Md. Atiqur Rahman, Research Associate, Bangladesh Institute of Development Studies, Dhaka, Bangladesh and currently a Ph.D candidate at University of New Mexico, USA

Md. Wahid Ferdous Ibon, Lecturer, Department of Economics, University of Dhaka

Mansur Ahmed, Economist, World Bank, DC, Washington

Mustafa K. Mujeri, Executive Director, Institute for Inclusive Finance and Development (InM), Dhaka, Bangladesh

Naoyuki Yoshino, Dean and CEO, Asian Development Bank Institute, Tokyo, Japan and Professor, Emeritus, Keio University, Japan

Narayan Chandra Nath, Former Research Fellow, Bangladesh Institute of Development Studies, (BIDS), Dhaka

Nella Hendriyetty, Senior Capacity Building and Training Economist, Asian Development Bank Institute (ADBI)

Saloni Lakhia, Research Associate, Asian Development Bank Institute (ADBI)

Selim Raihan, Professor, Department of Economics, University of Dhaka, Bangladesh and Executive Director, South Asian Network of Economic Modeling (SANEM)

Shubhasish Barua, Assistant Professor, Department of Development Studies, University of Dhaka

Sultan Hafeez Rahman, Professorial Fellow, BRAC Institute of Governance Studies, Dhaka and former Director General, Asian Development Bank

Tahreen Tahrima Chowdhury, Research Associate, Bangladesh Institute of Development Studies, Dhaka, Bangladesh Zahid Hussain, Lead Economist, World Bank, Dhaka office, Dhaka

Contenu
Part I Macroeconomic Policy, Growth and Poverty1. Macroeconomic Policy, Economic Growth and Poverty Reduction in Bangladesh: An Overview2. Inflation and Household Welfare: Evidence from Bangladesh3. Labor Market Dynamics, Inflation and Wage Adjustments in Bangladesh4. Impact of Energy Price Adjustments on Bangladesh Economy: A Macro-Econometric Modeling ApproachPart II Monetary and Fiscal Policy5. Assessing the Effectiveness of Monetary Policy in Bangladesh6. A Review of Public Expenditures in Bangladesh: Evidence on Sustainability and Cyclicality7. Effectiveness of Fiscal Policy in Stimulating Economic Growth: An Empirical Study on Bangladesh8. Financing Infrastructure Investment Through Spillover Tax Revenue Sharing: Evidence from Some Asian CountriesPart III International Trade and Finance9. Trade Liberalization Policies and Trade Performances in Bangladesh: An Empirical Evaluation10. Analysis of Trade Pattern, Market Access and Trade Potential in Bangladesh11. Exchange Rate Management Under Floating Regime in Bangladesh: An Assessment12. Determinants of Capital Flows to Least Developed Countries: Lessons for Bangladesh13. Aid, Macroeconomic Stability and Economic Development in Bangladesh14. Macroeconomic Determinants of Remittances and Implications for Economic Growth: Evidence from BangladeshPart IV Finance and Growth15. Financial Liberalization, Financial Development and Economic Growth: An Analysis of the Financial Sector of Bangladesh16. Microfinance in Sustainable Development and Economic Growth in Bangladesh17. Development of Capital Market and Financing Future Growth in Bangladesh