Macro-Econometric Model of a Developing Economy: A Case Study of Bangladesh

Abstract

This book seeks to present a macro-econometric model of Bangladesh’s developing economy across a 28 year period
from 1975 to 2003. Two distinct periods are identified and examined: macro-economic policy under administrative
control (1975- 1990); and macro-economic policy under reform measures (1990-2003). The author argues that although
the economic structural adjustment process was introduced in the 1980s, real financial liberalisation did not occur until
1990.