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CPD
under its flagship research activity, the annual
Independent Review of Bangladesh's Development (IRBD),
has published the "State of the Bangladesh Economy in
2004-05 and Outlook for 2005-06". CPD has brought out
the macroeconomic analysis component of the IRBD as a
separate volume beginning from this year, with the
thematic part to be published subsequently as a second
IRBD volume.
The Macro Volume of IRBD2005 presents the trends and
dynamics of the macroeconomic variables in Bangladesh
during the FY2005. It includes an in-depth analysis of
some key determinants of the Bangladesh economy such as
the growth, income and poverty, saving and investment,
fiscal and monetary policies, resource allocations and
their distributive implications, the dynamics of the
real economy and behaviour of the external sector.
An analysis of the national budget for FY06 and an
evaluation of the proposed fiscal measures and
allocations are also presented in the book in context of
current development priorities of Bangladesh.
In addition, two chapters of the book are devoted to the
final assessment of damages resulting from the
devastating floods of 2004 and the challenges
confronting the garments sector, as well as the country,
as a result of phasing-out of MFA. The book also
contains two Annexes. The first presents a discussion of
CPD's state of the economy report and budget reactions
at the national dialogue held on 19 June 2005. The
second records the major macroeconomic events took place
in FY05.
It can be mentioned that the IRBD Programme, as part of
which the present IRBD2005 Macro Volume was prepared,
has now been running for eleven years.
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