Policy Brief
This policy note discusses the macroeconomic difficulties in Bangladesh created by the counterproductive manipulation of the exchange rate from the mid-2000s and suggests potential remedies.
Bangladesh authorities have mismanaged the nation’s exchange rate over the last two decades, with major adverse effects on the economy and its future prospects. The sharp increase in worker remittances from the mid-2000s induced the authorities to manipulate the exchange rate in ways that undermined the economy’s international competitiveness.
The pattern of manipulation has recently eased but continues as Bangladesh Bank, against all comparative evidence, presumes it can effectively manage a crawling peg. This policy note discusses the macroeconomic difficulties in Bangladesh created by the counterproductive manipulation of the exchange rate from the mid-2000s and suggests potential remedies.
Occasional Paper
This policy paper aims to provide an analysis of the current state of the solar power industry in Bangladesh, identifying the gaps and risks associated with the implementation of the government’s renewable energy goals.
Policy Brief
The challenge in this policy note is to look beyond the transitory factors in Bangladesh that have moved relative prices up (or down) to identify the longer-term factors that generate and sustain general price increases and to explain why those factors endure.
Policy Brief
The tax-to-GDP ratio in Bangladesh has been exceptionally low, both absolutely and relative to the nation’s peers, for the last five decades. An excellent starting point for reform would be the World Bank’s recent proposals for enhanced revenue mobilization, which build upon the long-delayed reforms.
Occasional Paper
This policy paper aims to provide an analysis of the current state of the solar power industry in Bangladesh, identifying the gaps and risks associated with the implementation of the government’s renewable energy goals.
Policy Brief
The challenge in this policy note is to look beyond the transitory factors in Bangladesh that have moved relative prices up (or down) to identify the longer-term factors that generate and sustain general price increases and to explain why those factors endure.
Policy Brief
The tax-to-GDP ratio in Bangladesh has been exceptionally low, both absolutely and relative to the nation’s peers, for the last five decades. An excellent starting point for reform would be the World Bank’s recent proposals for enhanced revenue mobilization, which build upon the long-delayed reforms.
