This essay provides an analysis of the financial performance of non-financial state-owned corporations in Bangladesh which are in financially decrepit conditions. The causes of the poor performance of state-owned corporations are identified. Their financial losses, poor performance, inefficiency...

The Japanese economy has been mired in subdued growth and deflation for more than two decades. This paper describes the key economic facts and features of Japan’s decades of stagnation. It discusses why long-term Japanese government bonds’ nominal yields have stayed very low in spite of...

During the past two decades of economic stagnation and persistent deflation in Japan, chronic fiscal deficits have led to elevated and rising ratios of government debt to nominal GDP. Nevertheless, long-term Japanese government bonds' (JGBs) nominal yields initially declined and have stayed...

This paper points out the limitations of the privatization programme in Bangladesh, with particular reference to the debt-default status of privatized firms. First, detailed analysis of the debt-default status of privatized firms is presented using data obtained from the central bank. Secondly,...