Navigating the global financial storm: challenges for Bangladesh
Technical report
Title | Navigating the global financial storm: challenges for Bangladesh |
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Report Type | Technical report |
Authors | Mujeri, Mustafa K. (Author) and Shahiduzzaman, Md. (Author) |
Institution of Origin | Bangladesh Bank |
Number of Pages | 33 |
Series | Policy Paper |
Year | 2008 |
Publisher | Bangladesh Bank |
Place of Publication | Dhaka, Bangladesh |
Web Address (URL) | http://www.bb.org.bd/pub/research/policypaper/policypaperlist.php |
Abstract | The Bangladesh economy is largely shielded from the most immediate and direct effects of the financial crisis. However, Bangladesh's exposure to real economy effects of the financial crisis is likely to be greater through exports, remittances, and foreign capital inflow channels. The major sources are the projected slowdown in growth in the advanced economies which may lead to decline in exports (especially of readymade garments) since nearly 87 percent of Bangladesh's exports are destined to markets in advanced countries, remittances may ease as the source economies face A liberalized, market based, and effectively supervised and regulated financial sector capable of generating quality information is necessary in order to promote and sustain rapid growth in Bangladesh. The important agenda for Bangladesh is to convert the current global crisis into an |
Keywords | financial crisis; global growth; economics; Bangladesh |
ANZSRC Field of Research 2020 | 380119. Welfare economics |
350208. Investment and risk management | |
380107. Financial economics | |
Public Notes | Copyright © 2010 by Bangladesh Bank. |
Byline Affiliations | Bangladesh Bank, Bangladesh |
https://research.usq.edu.au/item/9z597/navigating-the-global-financial-storm-challenges-for-bangladesh
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