After discussing four alternative methods for policy analysis, the author examines the impact of industrial policies in Bangladesh by assembling evidences on changes in objective variables - such as industrial investment, output, employment and productivity. He shows the sluggishness of...

The concept of effective rate of assistance (ERA) developed in this paper is an extension of the conventional approach of measuring effective rate of protection (ERP). The authors explore ERA in Bangladesh economy. They show that the assistance provided to different industries varies a lot....