This paper analyzes the dynamics of long-term US Treasury security yields from a Keynesian perspective using daily data. Keynes held that the short-term interest rate is the main driver of the long-term interest rate. In this paper, the daily changes in long-term Treasury security yields are...

The performance of the public enterprise sector in Bangladesh is poor. The inefficiency of public enterprises places a fiscal burden, diverts limited resources from growth-enhancing public spending to unproductive subsidies, and affects the country's industrial competitiveness. This paper...

This paper analyzes some of the limitations of the privatization of public enterprises in Bangladesh, focusing on the debt-default status and the tax registration profile of privatized firms. A model of ineffective privatization, appropriate to the circumstances of developing countries, is...

In most industries, there is a fair amount of entry and exit. Although there are many new entrants in a given industry, most firms do not succeed and are forced to exit. Only few firms manage to survive and grow. The findings of Binayak Sen's (1997) recent survey of privatized firms in...

This paper provides an empirical analysis of net entry and net exit patterns of manufacturing industries in Bangladesh. The analysis is based on a panel data set consisting of five census years' three-digit level data from the Bangladesh Census of Manufacturing Industries

This paper provides an overview of Bangladesh's Privatization Policy. The present policies can be improved if the terms and conditions of the sale are well-defined and upheld. Discipline in the financial sector is a necessary condition for the success of the privatization program. Without...

In most industries, there is a fair amount of entry and exit. Although there are many new entrants in a given industry, most firms do not succeed and are forced to exit. Only few firms manage to survive and grow. The findings of Binayak Sen's (1997) recent survey of privatized firms in...

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

This essay provides an overview of public enterprises inefficiency and discusses the main issues concerning the privatization program in Bangladesh. The paper points out how the country's privatization program can be improved

The International Commission of Jurists (1972) report, The Events in East Pakistan, 1971, is a valuable contemporaneous report on the Bangladeshi genocide. It provides a factual background to the genocide that occurred in East Pakistan amidst Bangladesh's war of national liberation. It also...