Politics, Society and Financial Sector Reform in Bangladesh

Anis Chowdhury

No wp-2000-191, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: This paper examines the financial sector reform experience of Bangladesh. It finds that while there have been some improvements in competition and efficiency, loan defaults still remain a significant problem. It also finds urban bias in loan allocation and shift of resources away from the rural sector. The main obstruction in the area of loan recovery is political interference. It provides a principal-agent explanation of the behaviour of politicians.

Keywords: Financial institutions; Corruption; Nonprofit organizations; Social values; Transaction costs (search for similar items in EconPapers)
Date: 2000
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:unu:wpaper:wp-2000-191

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