This paper econometrically models the dynamics of the Chilean interbank swap yields based on macroeconomic factors. It examines whether the month-over-month change in the short-term interest rate has a decisive influence on the long-term swap yield after controlling for other factors, such as...

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...

Iraq has had one of the most severe and enduring sanctions imposed on it for more than a decade. A survival-conditions based 'two-gap model' provides an expedient explanation of the economic sclerosis arising out of the sanctions imposed on Iraq. This essay supplements Nordhaus' (2002) study,...

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...