This paper examines several indicators of effective development aid, focusing on the contributions of major bilateral donors. The empirical analyses of selectivity for effective aid delivery revealed that, taking a long-term and regional perspective, some major donors including Japan have...

There is an urgent need to mainstream the key challenges of climate change into sector and development planning and decision making processes to create sustainable long-term development. Mainstreaming is seen as making more efficient and effective use of financial and human resources. It is...

This paper seeks to articulate the perspectives from Bangladesh as an aid recipient country on the evolving international aid system and more particularly on the Accra agenda. Based on secondary information from various sources including the Economic Relations Division, Ministry of Finance...

This paper investigates whether and how foreign aid facilitates foreign direct investment (FDI) flows into less developed countries. We employ a large data set of source-recipient country pairs and conduct gravity equation-type estimation. Our empirical methodology enables us to examine an...

Over the last year we have been commemorating the 40th year of Bangladesh’s independence. In these 40 years Bangladesh has registered many gains for which we should feel proud. We have established a globally competitive garment industry moved ahead of India in particular areas of human...

Macroeconomic management in FY2009-10 had to confront and address the twin tasks of reviving the investment which had slowed down the GDP growth performance in the recent past, and responding to the lagged impact of the global financial crisis with its demonstrated adverse consequences for...

Price hike of essential commodities has been one of the major challenges facing the incumbent Caretaker Government (CTG) of Bangladesh. Figure 1.1 evince that the economy has been experiencing a creeping inflation over the recent past. Two most distinctive features of this inflationary trend had...

Positive Economic Developments (i) Improvements in Income Tax Collection (ii) Sustained Manufacturing Growth (iii)Impressive Disbursement of Term Loan (iv)Robust Export Growth (v) Rejuvenated Capital Market (vi)Buoyant Remittance Flow (vii)Improving Port Situation (viii)More Competition in...

Sustainable poverty reduction requires employment generating economic growth with an emphasis on the development of human capital to empower the poor to participate in the growth process. Mobilising resources for poverty reduction programmes may not bring expected results unless policymaking and...

The Budget for FY2009-10, expected to be presented at the session of the Bangladesh Jatyo Sangshad on 11 June 2009, comes in the backdrop of manifold challenges that the Bangladesh economy had to face in FY2008-09. From the perspective of macroeconomic governance the current fiscal year has been...