THIS BOOK was written as a result of repeated requests from practitioners and donor agencies in the microfinance field. It draws on the author's research and thirteen years of practical experience in Bangladesh, Philippines and East Africa, and on the large and growing microfinance literature.
UPL Readers Series is intended to contribute to the process of raising the competence and the vision of students of Bangladesh so as to enable them to come to grips with pioneering first hand research and expose them to advanced literature in their respective disciplines.] This book of Readings is intended to provide students in Bangladesh an introduction, from original sources, to the concepts and tools of modern microeconomics.
Microfinance, particularly microcredit, is recognized as one of the most important interventions to alleviate poverty in Bangladesh. It is now 27 years that non-government institutions have been providing microfinance services. It has grown both vertically and horizontally. In 2008, self provided information of 313 MFIs including Grameen Bank shows, a total of 16.690 branches across the country are providing financial services to the poor. This is the second publication of the joint collaboration of Institute of Microfinance (InM) and Credit and Development Forum (CDF).
To the social scientists, Bangladesh is an enigma wrapped in paradoxes. She defied conventional prophets of gloom and doom during last three decades by making significant strides in social and economic spheres. Ironically, she is deeply divided politically despite bonds of extraordinary ethnic and linguistic homogeneity. The multiple dimensions of paradoxes of governance, economy and crucial sectors like finance and water are unwrapped in the twelve essays in this volume. While unrevealing the Bangladesh conundrum, this inter-disciplinary study uncovers a number of new paradoxes.
At the turn of the new century, economic thought now faces, this book argues, a fundamental intellectual question, and one with the most profound consequences for all humanity. Is it really true, as the devotees of free market economics demand we assume, that there is no alternative to the neo-liberal ideology of (allegedly) self-regulating markets, the abandonment by governments of their economic management responsibilities, and the relentless pressure to cut both real wages and social expenditure?
Economic Analyses of Contemporary Issues in Bangladesh is a collection of studies by economists and other social scientists, working mostly on economic and social policies and issues in Bangladesh. This compilation of analytically well-grounded studies by established researchers covers a variety of topics such as economic growth patterns, regional convergence of per-capita income, micro-credits, natural resource management, household choice of water and sanitation facilities, capital markets, exchange rate policy, corruption, and transfer pricing by foreign investors.
A The recent Asian and Mexican currency crises have provided a somber lesson that in a global economic setting, the exchange rate policy, and more broadly monetary and financial policy cannot be treated in a business as usual manner. The stake is high because exchange rate policy has profound impact on current and future macroeconomic performance. This book is a modest attempt to highlight the above contention from a broad perspective for the emerging market economy of Bangladesh.
Since the beginning of the 21st century, the economy of Bangladesh has surprised even the most astute observers and development agencies at home and abroad. In recent years, the economy has been resilient and impressive. In a pioneering book in the early 1970's Faaland and Parkinson called Bangladesh, A Test Case for Development. Their point was that if Bangladesh could succeed, there was hope for other poor and less developed nations in the world.
The book is the outcome of a seminar that looked at the nature of challenges and the policy options facing Bangladesh in achieving accelerated, sustained and equitable economic growth. Since the early 1990s, Bangladesh has notably improved its economic growth performance following the introduction of market-oriented liberalising economic reforms. The positive impact of economic growth on poverty was, however, compromised to some extent by a worsening of income distribution.
The end of the Cold War has induced fresh thinking on approaches to security. The focus is on non-conventional aspects, particularly economic strength, interest and interdependence of nations. As distinct from the notion of security mainly focused on military power, the idea is to consider a more expanded agenda. Regional Economic Trends and South Asian Security examines the scope and policy implications of such rethinking in South Asia.