The Autonomy of Bangladesh Bank
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Table of Contents
Introduction: ......................................................................................................................................... 3 Background: .......................................................................................................................................... 3 Theory of Autonomy:.......................................................................................................................... 4 What is Autonomy? ................................................................................................................ 4 The Rogoff-Conservative Model:....................................................................................... 5 Measuring Autonomy: .......................................................................................................... 6 The Legal Measure: ............................................................................................................... 6 The GMT Index.................................................................................................................... 6 Central Bank Independence and Governance:
Table of Contents
Introduction: ......................................................................................................................................... 3 Background: .......................................................................................................................................... 3 Theory of Autonomy:.......................................................................................................................... 4 What is Autonomy? ................................................................................................................ 4 The Rogoff-Conservative Model:....................................................................................... 5 Measuring Autonomy: .......................................................................................................... 6 The Legal Measure: ............................................................................................................... 6 The GMT Index.................................................................................................................... 6 Central Bank Independence and Governance:
References: Arnone M., B.J. Lauren, J-F. Segalotto and M. Sommers, 2005. ‘Central Bank Autonomy, Monetary Frame Works and Exchange Rate Regimes,’ IMF working Paper Ahmed, Haydory Akbar | Autonomy of Bangladesh Bank: Some Thoughts | Dhaka, Bangladesh: North South University, Young Economists ' Forum; Conference Proceedings of Prime Bank International Conference of Young Economists (ICYE) 2007; pp. 9-15. Ahmed AKN, 1997. Of Deregulation and Central Bank Autonomy. Dhaka: University Press Limited Ahsan, A., Skully, M., & Wickramanayake, J. (2009). A Critical Analysis of Central Bank Independence and Governance in Australia and Bangladesh. JOAAG , 11-20. Bangladesh Bank Order, 1972 (Presidents Order No. 127 of 1972) incorporating all amendments there to up to March 10, 2003 Bangladesh Bank Annual Report 2004-05. Dhaka: Bangladesh Bank Cukierman A., 1992. Central Bank Strategy, Credibility, and Independence: Theory and Evidence, Cambridge, Massachusetts: MIT Press Data in Gapminder World. Gapminder. Date updated: November 2010. Date accessed: 23 rd November 2010. < http://www.gapminder.org/data/> Eijffinger, Sylvester C. W. and Jakob de Haan. 1996. The Political Economy of Central-Bank. Department of Economics, Princeton University, Princeton, New Jersey. Fischer, S., 1995, Central Bank Independence Revisited. American Economic Review, Vol. 85, No. 2 pp. 201-206. Grilli V., D. Masciandaro and G. Tabellini, 1991. Political and Monetary Institutions and Public Financial Policies in Industrial Countries, Economic Policy: A European Forum, Vol. 6, October, pp. 342–391. Lybek, T., 2004. ‘Central Bank Autonomy, Accountability, and Governance: Conceptual Framework,’ IMF, Write-up for Presentation at LEG 2004 Seminar August 18, 2004 "Nonperforming asset." Investopedia. N.p., n.d. Web. 6 Dec. 2010. . Reserve Bank Independence. (1996). Reserve Bank of Australia Bulletin , 14-20. Walsh, Carl E. 2005. Central Bank Independence. University of California, Santa Cruz. Page 34