Inflation, Economic Growth and the Balance of Payments in Bangladesh: A Macroeconomic Study

M.A. Hossain takes a closer, critical look at Bangladesh's inflation and balance of payments. Using a combination of structural and monetary theories he develops an integrated, quarterly, macroeconomic model of inflation, economic growth and balance of payments for the period 1974 to 1985. The model used is based on two hypotheses: that inflation in Bangladesh is a monetary phenomenon, and that persistent trade deficits are inherent in its foreign-aid-based development strategy and its overvalued exchange rate policy.Hossain, M. Akhtar is the author of 'Inflation, Economic Growth and the Balance of Payments in Bangladesh: A Macroeconomic Study' with ISBN 9780195631081 and ISBN 0195631080.