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Macroeconomic
Performance, Stabilization & Adjustment
Sultan
Hafeez Rahman |
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The study represents an objective analysis of the
country macroeconomic experience and offers many
important insights into the workings of the
structural adjustment program in Bangladesh and
points to future directions.
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Contents:
Foreword
Preface
Acknowledgements
1. Introduction
2. Economic Growth, Savings and Investment
A. Overall Economic Growth
B. Sectoral Economic Growth
C. Savings, Investment and the Aggregate Resource
Balance
D. Savings and the Rate of Interest
3. Trends in the External Trade Sector
A. Export Trends
B. Imports
C. Private Transfers
D. Current Account Balance
4. The Trade Policy Regime and External Sector
Performance
A. The External Trade Regime
B. Trade Policy Reforms
5. Structural Adjustment and the Fiscal Sector
A. Fiscal Policy Concerns and Objectives
B. Fiscal Deficit
C. Revenues
D. Financing Development Expenditure
E. Composition of Public Expenditure
6. Structural Adjustment and the Monetary Sector
A. Monetary Policy Objectives
B. Understanding Inflation in Bangladesh
C. Wage-Price Relationship
D. Domestic and International Price Relationship
E. Financial Programming under SAF
F. Aggregate Demand Management and Sectoral Resource
Allocation
7. Summary of Macroeconomic Performance and an
Assessment of the Adjustment Experience
A. Summary of Macroeconomic Performance
Economic Growth and Structural Change
Savings and Investment
The External Sector
Fiscal Sector
Monetary Sector
B. An Assessment of the Adjustment Experience
C. Future Directions of Adjustment Policies
References
Index
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Dr.
Sultan Hafeez Rahman is a Senior Fellow at the
Bangladesh Institute of Development Studies (BIDS). He
is an eminent economist of the country. He has published
extensively in the fields of economic modelling,
macroeconomic policy, international trade and resource
and agricultural economics in reputed journals. He has
been closely observing and evaluating the macroeconomic
policy formulation process in Bangladesh since the early
1980s.
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