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BDS Current Issue Volume XXII, No. 4, 1994

A Review of Experiences with Economic Reform : A Review of Bangladesh's Development 1995

Author: S.R. Osmani

Testing the Monetarist-Structuralist Controversy in Bangladesh

Author: Shahina Amin & Salim Rashid

From Women's Status to Empowerment: The Shift in the Population Policy Debate

Author: Simeen Mahmud

Statistical Properties of Daily Returns from the Dhaka Stock Exchange

Author: Abdur R. Chowdhury

Bangladesh and the Uruguay Round: A General Equilibrium Welfare Analysis

Author: Helal Ahammad and Peter G. Warr

Abstract
A general equilibrium approach is used in this paper to analyse the effects that the Uruguay Round of the GATT may have on economic welfare in Bangladesh. The analysis is carried out in the ‘second-best’ situation wherein some policy distortions within Bangladesh still prevail, and a methodology is innovated to decompose the direct and indirect changes in economic welfare within Bangladesh. It is concluded that the round is welfare-reducing for Bangladesh but that if Bangladesh were to reduce its own protection at the developing country average of 24 per cent, the welfare-reducing consequences of the Round would be approximately negated.

The Effect of Credit Liberalization on Farm Households in Bangladesh

Author: Anwar Ahmed and John Kennedy

Abstract
The aim of this paper is to analyse the impact of deregulation of rural credit on Bangladeshi farm households by size of holding. Parametric linear programming techniques are used to develop “multi-activity” household models of farms of different sizes. Farmers are assumed to be risk averse. An important model result is that the provision of credit for production, consumption and non-farm activities under a deregulated regime would significantly improve the viability of small-farm households.

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