Sikder, Md.Anowarul Islam (2008): Financial repression and economic distortions to the stage of economic growth and agricultural development in Bangladesh. Published in: Journal of Bangladesh Agricultural University , Vol. 6, No. 2 (1. December 2008): pp. 437-488.
Download (184kB) | Preview
Financial repression in a developing country is not new to us.The government may take policy for financial repression due to easy collection of inflation tax to the stage of economic development.This study is concerned to find the positive relationship between financial development and economic growth and productivity in the economy of Bangladesh.The research concluded that the financial repression has a negative relationship to the economic growth and productivity in the economy of Bangladesh. This study found evidence the effect of financial repression is positive to the financial development in Bangladesh as it was to the high growth period in Japan.But the scenario was different for Latin American countries.Transition to the financial development from the stage of financial repression to the stage of financial liberalization is found positive to the economic growth and productivity in Bangladesh.
|Item Type:||MPRA Paper|
|Original Title:||Financial repression and economic distortions to the stage of economic growth and agricultural development in Bangladesh|
|English Title:||Financial repression and economic distortions to the stage of economic growth and agricultural development in Bangladesh|
|Keywords:||Financial Repression, Economic Distortion, Sustainable Economic Growth|
|Subjects:||O - Economic Development, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity > O47 - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence|
|Depositing User:||Islam S M A|
|Date Deposited:||03. Dec 2011 18:04|
|Last Modified:||13. Feb 2013 07:29|
Barrow J.R. 1999. Inequality, Growth and Investment. NBER Working Paper No.7038. JEL No.04 13.
Beck, Thorsten, Levine, Ross. Loayza, Norman.2000. Finance and Sources of Growth, Journal of Financial Economics, 58(2000):261-300.
Sala-i-Martin, Xavier and Nouriel, Roubibi. 1992. Financial Repression and Economic Growth, Journal of Development Economics, North-Holland, 39(1992):5-30
Valev, Neven and Rioja, Felix. 2004. Finance and Sources of Growth at the various Stages of Economic Development, Economic Inquiry,Vol(1): January 2004,127-140