Dr. Monzur Hossain
Profile
Monzur Hossain
obtained his Ph.D. in International Economics in March 2007 from the National Graduate
Institute for Policy Studies (GRIPS), Tokyo, Japan. His area of interest mainly
concentrates on the macro-financial domain, with an extensive research focus on
evaluating and analyzing development interventions and economic policies. In particular,
his core areas of interest are macroeconomics, international economics and
financial economics. He also has an interest in some emerging development
issues pertaining to SME development, ICTs and knowledge economy, green finance
and renewable energy. He has served as a team leader in numerous
professional research projects. He served as a consultant for the UNDP, ADB,
UNCTAD, EU, World Bank, JICA, International Growth Center (London School of
Economics), etc. Before joining BIDS in 2008, he worked for Bangladesh Bank
(central bank), Asian Development Bank Institute, Tokyo, and taught Economics
in some leading public and private universities in Bangladesh.
He has held several visiting positions, such as Visiting Scholar
at Graduate School of International Development, Nagoya University, Japan (in
2010) and visiting Research Fellow at IDE-JETRO, Japan (from January-March,
2020). Currently, he is a member of the Executive Board of the American
Committee on Asian Economic Studies (acaes.us). He is a member of the Editorial
Board of the journal "Bangladesh Development Studies" and the
"International Journal of SME Development." He also serves as a member of
various committees of the government of Bangladesh under different Ministries
and institutions.
Dr. Hossain has published
extensively in internationally accredited journals, including Economic
Modelling, Journal of the Japanese and International Economies, Applied
Economics Letters, Journal of Asian Economics, Local Government Studies,
Asian Economic Papers, Bangladesh Development Studies, and so on. He also has
to his credit numerous other publications in the forms of research reports and
edited books. He recently edited a book titled "Bangladesh's Macroeconomic
Policy," published by Palgrave Macmillan in February 2020, and a book
titled "Digital Transformation and Economic Development in Bangladesh" is
forthcoming from Palgrave Macmillan. He presented papers at many national
and international academic conferences held in the USA, UK, Japan, Finland,
Singapore, India, Pakistan, Sri Lanka, China, Hong Kong, and other countries.
Area of Specialization
Primary interests: Macroeconomics, International Trade and Finance (Trade, Regional Integration, Exchange Rate, Aid Effectiveness, Capital Flows), Financial Economics (Banking and Finance), Applied Econometrics
Secondary Interests: Development Economics--SME, ICT, Mobile Telephone, RMG; Local Government Finance, Impact Evaluation
Highlights:
I have been appointed by the Ministry of Finance as a member of the Board of Directors and General Body of the Social Development Foundation for 3 years
Publications
Newspaper Op-Eds (The Business Standard): https://www.tbsnews.net/author/monzur-hossain
New Paper on Sustainable SME Financing Strategy (Open Access):
Sustainable Financing Strategies for the SMEs: Two Alternative Models
by
1,*, 2 and 3Journal: Sustainability, https://www.mdpi.com/2071-1050/15/11/8488
ADBI Working Paper (January 2022):
"Covid-19, Fintech and the Recovery of MSMEs: Evidence from Bangladesh".
Newly Published Book (2022):
Digital Transformation and Economic Development in Bangladesh: Rethinking Digitalization Strategies for Leapfrogging, Palgrave Macmillan (September, 2022). Please visit publisher's website or Amazon if you want to buy the book.
EDITED BOOK (2020):
Bangladesh's Macroeconomic Policy: Trends, Determinants and Impact, Palgrave Macmillan, February 2020
https://www.palgrave.com/gp/book/9789811512438
Please see some endorsements by the eminent economists and scholars on the book:
https://link.springer.com/book/10.1007/978-981-15-1244-5#reviews
A good read to understand Bangladesh's Macroeconomy, Prof. Abdul Bayes, The Business Standard, September 4, 2020
https://tbsnews.net/feature/book-review/good-read-understand-bangladeshs-macroeconomy-128146
Journal Articles
- Sustainable Financing Strategies for SMEs: Two Alternative Models, (with N. Yoshino and K. Tsubota), Sustainability (MDPI), Vol. 15, Issue 11, 2023.
- MSMEs Distress in COVID-19 Pandemic in Bangladesh: An Analysis of the Stimulus Package Design and Implementation Options, International Journal of SME Development, Issue 15, 2022, SME Foundation, Dhaka, Bangladesh
- Mobile phones, household welfare, and women's empowerment: evidence from rural off-grid regions of Bangladesh. (with Hussain Samad), Vol 27, 2021, Information Technology for Development (Taylor & Francis) 2020
- Enhancing financial connectivity between Asia and Europe: Implications for infrastructure convergence between the two regions, (with Yoshino and Taghizadeh-Hesary), Asian Economic Papers, 19(2), 2020, MIT Press
- Optimal branching strategy, local financial development and SMEs performance, (with Yoshino and Taghizadeh-hesary), Economic Modelling, Vol. 96 (2021), (421-432)
- Default risk, moral hazard and market-based solution: Evidence from renewable energy market in Bangladesh, (with Yoshino and Taghizadeh-Hesary), Economic Modelling, Vol. 95, pp: 498-499 (February, 2021)
- Does Democratic Local Governance facilitate Local Economic Development? Evidence from Bangladesh, Local Government Studies, (Taylor&Francis, Routledge, U.K.), Vol. 45, Issues 6, 2019 (with P.K. Roy)
- Financial
Reforms and Persistently High Interest Rate Spread in Bangladesh: Pitfalls
in Institutional Development? Journal of Asian Economics (Elsevier),
Vol23, Issue 4, August, 201
- International
Monetary Arrangements for the 21st Century-Which Way? Journal
of the Japanese and International Economies (Elsevier; USA), Vol 24, No. 2, pp. 56-70, June 2011
- Exchange
Rate Regime Transition Dynamics in Southeast Asia, Journal of Developing Areas, Vol.45, Tennessee State
University, U.S.A, 2011
- Institutional Development and the Choice of
Exchange Rate Regime: A Cross-country Analysis, the Journal of the
Japanese and International Economies (Elsevier; USA),Vol 23, No. 1,
pp. 56-70, March 2009
- Divergence from de jure Currency Regime: A Stochastic Process of
Learning, Applied Economics Letters(Taylor & Francis, UK), Vol.
16, Issue 5, pp. 475-479, March 2009.
- Can
Japan avert any future banking crisis? Applied Economics Letters
(Taylor & Francis, UK),
Vol. 12, No. 7, pp. 425-429, June, 2005
- Estimates of Per Capita Consumption of Food Grains in Bangladesh (with Mohammad Yunus), Bangladesh Development Studies, Vol. XXXIX, No. 1-2, June 2016
- Capital
Flows to Least Developed Countries: What Matters? Bangladesh Development Studies, Vol. XXXVIII, No. 2, June 2015
- Mis-targeting
and Mis-using Microecredit in Livestock Development Projects in Bangladesh
(with KaziIqbal and Kazi Ali Toufique),
Bangladesh Development
Studies, Vol. XXXIV, No. 3, September 2011
- Productivity
and Performance of IT Sector in Bangladesh: Evidence from the Firm-level
Data, Bangladesh Development Studies,
Vol. XXXIV, No. 2, June 2011 (with Naoko Shinkai)
- Asset
Price Bubble and Banks: The Case of Japan, Bangladesh Development Studies, Vol. XXXIV, No. 1, March 2011
(with Farhana Rafiq)
- Do Currency Regime and developmental
Stage Matter for Real exchange Rate Volatility? A Cross-country Analysis, Bangladesh Development Studies,
Vol. XXXIII, No. 4, December 2010
- An
Assessment of Exchange Rate Policy under Floating Regime in Bangladesh, Bangladesh Development Studies,
Vol. XXXII, No. 4, December 2009 (with Mansur Ahmed)
- On
the IMF Stabilization Program in Bangladesh. The Empirical Economics
Letters, Volume 4, Number 4, pp. 247-260, July 2005
- Application
of Local Influence Diagnostics to the linear logistic regression models. Dhaka University Journal of Science, Vol. 51, No. 2, pp.
269-278, July 2003. (with M. Ataharul Islam)
- Testing the significance of local influence, Journal of Statistical Research, Vol. 36, No. 1, 2002 (June), pp-85-97. (with M. Ataharul Islam)
- Development of Non Bank Financial Institutions to Strengthen the Financial System of Bangladesh. "Bank Parikrama"- A journal of banking and finance of BIBM, Vol. XXVII, No. 1, March 2002 (with Md. Shahiduzzaman)
Contributed BOOK Chapters
1. "Covid-19,
Fintech, and the Recovery of Micro, Small and Medium-sized Enterprises:
Evidence from Bangladesh," in Fintech and COVID-19: Impacts, Challenges and
Policy Priorities in Asia, ADBI, Tokyo, Eds. John Beirne, James
Villafuerte, and Bryan Zhang, 2022
2. "Implementing Land Trust in Bangladesh as a Strategy for Financing Infrastructure and sustainable Land Management" in Equitable Land Use for Asian Infrastructure, Brookings
Institution Press, USA, Eds. Tiwari, P., Stillman, G. and Yoshino, N. (with Naoyuki Yoshino), 2020
3. "State-owned Enterprises and Cluster-Based
Industrialization: Evidence from Bangladesh", in Reforming
State-Owned Enterprises in Asia, Springer, Singapore, Eds. Taghizadeh-Hesary, F., Yoshino, N., Kim, C.J., Kim,
K. (Eds.), 2021
4. "Green financing in Bangladesh: Barriers and Solutions" in Handbook of Green Finance--Energy Security and Sustainable Development; Eds: Jeffrey Sachs, Woo Wing Thye, Y. Yoshino and Farhad T., Springer, 2019.
5. "Whither Aid in
Bangladesh?" with Sultan Hafeez Rahman in Ahmed, Alamgir, Mujeri and
Rahman (eds) "Bangladesh: Vision 2030" published by Bangladesh Economists'
Forum. 2015
6. "Global Commodity Price Volatility and Domestic
Price Inflation: Impact on the Performance of the Financial Sector in
Bangladesh" in Mujeri and Mahmud (eds.) Adjusting to Global Economic
Volatility : The Case of South Asia(Chapter-6) 2014, Academic Foundation,
New Delhi (With FarhanaRafiq)
7. "Integration of
ICT Industries and Its Impact on Trade and Market Access: The Case of
Bangladesh and India in Rahman, Brunner and Khatri (eds), Regional Integration and Economic
Development in South Asia, Edward Elgar, 2012 (with Naoko Shinkai, M.
Yunus and ZaidBakht)
Contributed to Policy Documents:
1. Strategies for External Resource Mobilization and Action Plan--A policy document prepared for the Economic Relations Division, Ministry of Finance, 2017
2. National Strategy for the Development of SMEs in Bangladesh--A policy document prepared for the Ministry of Industries, Bangladesh, 2016
3. Improving Land Administration and Management in Bangladesh--A background paper prepared for the 7th Five Year Plan, Ministry of Planning, Govt. of Bangladesh, 2015
4. "Financial Sector Development in Bangladesh"--A background paper prepared for the Sixth Five Year Plan, 2010
5. "SMEs Development in Bangladesh with Emphasis on Policy Constraints and Financing" Background paper prepared for the Sixth Five Year Plan, Ministry of Planning, Govt. of Bangladesh, 2010; (with Nabiul Islam and Salma C. Zohir)
6. Trade Policies and Pattern in Bangladesh--A policy brief prepared for the IFPRI, 2013.