COVID-19 and Bangladesh : macroeconomic impacts and policy choices
| dc.contributor.author | Bhattacharya, Debapriya | |
| dc.contributor.author | Khan, Towfiqul Islam | |
| dc.contributor.author | Rabbi, Md Mursalin Hossain | |
| dc.date.accessioned | 2022-08-31T18:35:12Z | |
| dc.date.available | 2022-08-31T18:35:12Z | |
| dc.date.issued | 2021-12 | |
| dc.description.abstract | Bangladesh, like most of the countries in the world, had to restrict mobility and economic activities to tackle the spread of the COVID-19 virus. Indeed, the pandemic has been exerting pressure on the economy through both global and domestic shocks leading to a detrimental impact on major macroeconomic correlates of the country. The present study urges that Bangladesh will need to pursue a countercyclical fiscal policy stance in the face of deceleration in aggregate demand. The study further maintains that greater fiscal resources should be directed towards those people, households and enterprises having a higher propensity to consume and invest. From this perspective, the study strongly advocates for direct cash transfers, food support, and enhanced public expenditures in health and education rather than a general increase in public expenditures and subsidised credit flow. | en |
| dc.format.mimetype | text/html | |
| dc.identifier.uri | http://hdl.handle.net/10625/61479 | |
| dc.identifier.uri | https://cpd.org.bd/publication/covid-19-and-bangladesh-macroeconomic-impact-and-policy-choices/ | |
| dc.language.iso | en | |
| dc.publisher | Centre for Policy Dialogue (CPD) | en |
| dc.subject | COVID-19 | en |
| dc.subject | ECONOMIC IMPLICATIONS | en |
| dc.subject | MACROECONOMICS | en |
| dc.subject | FISCAL POLICY | en |
| dc.subject | BANGLADESH | en |
| dc.subject | SOUTH ASIA | en |
| dc.title | COVID-19 and Bangladesh : macroeconomic impacts and policy choices | en |
| dc.type | Working Paper | en |
| idrc.copyright.holder | © Centre for Policy Dialogue (CPD) 2021 | |
| idrc.copyright.oapermissionsource | CC BY 4.0 | en |
| idrc.dspace.access | Open Access | en |
| idrc.project.componentnumber | 109496001 | |
| idrc.project.number | 109496 | |
| idrc.project.title | Shaping the macro-economy in response to COVID-19: a responsible economic stimulus, a stable financial sector, and a revival in exports | en |
| idrc.rims.adhocgroup | IDRC SUPPORTED | en |