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Basic Macroeconomic Options for Bangladesh : A Numerical Analysis
Oleh:
Feltenstein, Andrew
;
Ball, Sheryl
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
Journal of Asian Economics vol. 9 no. 2 (1998)
,
page 281-306.
Topik:
MACROECONOMIC
;
basic macro economic
;
numerical analysis
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
JJ50.2
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
We analyze a variety of macro economic policy issues confronting Bangladesh. We develop an intertemporal general equilibrium model and simulate it using Bangladesh parameters. Our estimated model generates reasonably accurate replicas of historical reality. We impose a reduction in current government expenditure. The simulated changes indicate a small improvement for the economy ; caused by the expenditure reduction. Our next experiment analyzes the impact of a reduction in capital inflows. Our final exercise implements a devaluation. We conclude that there are positive benefits from fiscal austerity, and a moderate devaluation. Also, reduced capital inflows would have a severe impact on Bangladesh.
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