Anzeige
Erschienen in:
2021 | OriginalPaper | Buchkapitel
4. Financial Sector of Bangladesh
verfasst von : Rashed Al Mahmud Titumir
Erschienen in: Numbers and Narratives in Bangladesh's Economic Development
Verlag: Springer Singapore
Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.
Wählen Sie Textabschnitte aus um mit Künstlicher Intelligenz passenden Patente zu finden. powered by
Markieren Sie Textabschnitte, um KI-gestützt weitere passende Inhalte zu finden. powered by
Abstract
This chapter presents different indices to measure the health of the financial sector of the economy and underscores that the increasing non-performing loans and toxic assets in banking sector and the frequent scams in capital market exhibit a vicious cycle. Instead of enforcing legal remedies against the defaulters, the government is offering plethora of facilities in favour of the politically patronised resource dependent clienteles. Besides, the excessive borrowing by the government from domestic sources to finance the so-called mega-projects and repay the loans, in the backdrop of a very low tax-GDP ratio, has pushed the banking sector to a crisis of liquidity. The prevalent politically directed regulatory lax and discrepancies have caused malediction of volatility in the financial sector. The chapter also endeavours a comparative analysis with other developed and developing economies.