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We introduce non-tradable goods to the Heckscher-Ohlin-Samuelson (HOS) model to study the distributive effects of terms of trade shocks. We show that the employment of resources in activities producing exclusively for the local market induces a crucial association between domestic spending and...
Persistent link: https://www.econbiz.de/10014402915
In most macroeconomic models, the substitutability between domestic and foreign goods is calibrated using aggregated data. This imposes homogeneous elasticities across goods, and the calibration is only valid under this assumption. If elasticities are heterogeneous, the aggregate...
Persistent link: https://www.econbiz.de/10008561068
Persistent link: https://www.econbiz.de/10004210375
Growth performance in Bangladesh is improving, but macroeconomic imbalances have also emerged. Medium-term growth …
Persistent link: https://www.econbiz.de/10014397782
This Selected Issues paper analyzes the reforms in the energy sector in Bangladesh. It assesses the fiscal position of … Bangladesh and examines its fiscal sustainability using a simple measure based on the debt dynamics. It concludes that although … Bangladesh has so far maintained its sustainability mainly owing to the large portion of foreign financing with highly …
Persistent link: https://www.econbiz.de/10014397832
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country
Persistent link: https://www.econbiz.de/10014397847
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country
Persistent link: https://www.econbiz.de/10014397904
This Selected Issues paper analyzes poverty in Bangladesh. The paper highlights that poverty in Bangladesh has many …
Persistent link: https://www.econbiz.de/10014397969
This report describes economic developments in Bangladesh during the 1990s. Macroeconomic performance deteriorated …
Persistent link: https://www.econbiz.de/10014398079
This paper reviews Bangladesh’s National Strategy for Accelerated Poverty Reduction (NSAPR). The main goal of … Bangladesh’s Poverty Reduction Strategy is based on a vision for poverty reduction formed on the basis of the understanding of …
Persistent link: https://www.econbiz.de/10014398801