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...

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...

This paper empirically models the dynamics of Brazilian government bond (BGB) yields based on monthly macroeconomic data in the context of the evolution of Brazil’s key macroeconomic variables. The results show that the current short-term interest rate has a decisive influence on BGBs’...

As Bangladesh tries to increase the level of foreign direct investment, the authorities may formulate a transfer pricing policy to reduce the scope for detrimental profit-shifting activities of transnational corporations. A simple model to illustrate the role of transfer pricing in...

John Maynard Keynes (1930) asserted that the central bank sways the long-term interest rate through the influence of its policy rate on the short-term interest rate. Recent empirical research shows that Keynes's conjecture holds for long-term Treasury yields in the United States. This paper...

This paper models the dynamics of Chinese yuan (CNY)-denominated long-term interest rate swap yields. The financial sector plays a vital role in the Chinese economy, which has grown rapidly in the past several decades. Going forward, interest rate swaps are likely to have an important role in...