External factors such as export, import, remittances and foreign aid have always played important roles to Bangladeshs economy, though the relative importance of various external factors has changed over time. This study has analysed the trend, structure and changing features of the external...

The newly elected government proposed its first budget on 11 June 2009 with a view to support a trajectory of moderate growth, reduced poverty through employment generation and expansion of safety nets, low price level and tackle the impact of the global financial crisis. The Centre for Policy...

This report has been prepared as part of CPDs ongoing assessment of macro-economic performance of Bangladesh under CPDs programme titled Independent Review of Bangladeshs Development (IRBD). Based on data and information on the dynamics of major macroeconomic variables during July-December 2005,...

The National Budget for the fiscal year 2007-08 (FY08) and the Revised Budget of FY07 were placed before the country on 7 June 2007. The Centre for Policy Dialogue (CPD), in continuation of its tradition of presenting its analysis of budgets prepared by successive governments, has prepared the...

Although it is true that a liberal trade and investment policy is essential for attracting higher level of private investment, it is not a sufficient factor. Many developing countries (DCs) and least developed countries (LDCs) which have opened up their economies to a large extent and have in...

Monetary policy is the process by which the central bank of a country controls the supply of money, the availability of money, and the cost of money or rate of interest, in order to attain a set of objectives oriented towards the growth and stability of the economy. Fiscal policy induced demand...

This CPD paper examines the appropriateness of the monetary policy of the country (for July-December 2009 period) in view of the emerging challenges in the areas of inflation control, price stabilisation and exchange rate management, and at the same time comes up with a number of critical...

The key socioeconomic indicators of Bangladesh have apparently experienced improvement since the advent of a new phase of democracy in 1991. This paper examines the impact of democracy on economic growth in Bangladesh using a cointegrated Vector Autoregressive model. Results suggest that...

Monetary policy is the process by which the central bank of a country controls the supply of money, the availability of money, and the cost of money or rate of interest, in order to attain a set of objectives oriented towards the growth and stability of the economy. Fiscal policy induced...

The newly elected government proposed its first budget on 11 June 2009 with a view to support a trajectory of moderate growth, reduced poverty through employment generation and expansion of safety nets, low price level and to tackle the impact of the global financial crisis. The Centre for...