COVID-19 and Bangladesh Macroeconomic Impact and Policy Choices

Debapriya Bhattacharya, Towfiqul Islam Khan and Md Mursalin Hossain Rabbi

No 20, CPD Report from Centre for Policy Dialogue (CPD)

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.

Keywords: COVID-19; Macroeconomy; Fiscal policy; Bangladesh (search for similar items in EconPapers)
Pages: 44 pages
Date: 2021-12
New Economics Papers: this item is included in nep-ger and nep-mac
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