Development of Financial Markets and Financial Stability in Bangladesh
| dc.contributor.author | Choudhury, Toufic A. | |
| dc.date.accessioned | 2017-12-04T09:40:33Z | |
| dc.date.available | 2017-12-04T09:40:33Z | |
| dc.date.issued | 2015-07-01 | |
| dc.description | The primary aim of financial market development must be to aid economic growth and development. The essential role of financial markets is to mobilize financial resources from ultimate lenders and allocate them in an efficient manner among competing uses (ultimate borrowers) in the economy, thereby contributing to growth both through increased investment and through enhanced efficiency in resource use. It is also widely recognized that the financial sector helps economic development by providing payment services which improves overall efficiency of the economy. The development of financial market is also critical for effective transmission of monetary policy impulses to the rest of the economy. Monetary transmission cannot take place without efficient price discovery specially with respect to interest rates and exchange rates. Deep and liquid financial markets contribute to efficient price discovery in various segments of the financial market. In view of the various roles played by the financial markets, it is important that financial markets are well developed and well integrated. | |
| dc.description.abstract | The main objective of this paper is to analyze the financial market development of Bangladesh during 2010-2015. Although having crisis triggered by capital market failure and ailing performance of SCBs, the progress of financial markets during last five to six years, on various counts are noteworthy. Even after taking into consideration of the less than required security measures, the development of payment and settlement system is tremendous and comparable to international standard. The growth of banking market, largest financial market of Bangladesh has been accompanied with welldesigned financial stability measures. Finally, it was suggested that the regulatory authorities should continue the coordinatedoperation of financial watchdogs (BB, BSEC, MRA and IDRA) along with the measuresto develop financial market capacity to ensure sustainable development of the financial sector in Bangladesh. | |
| dc.identifier.other | https://ar.iub.edu.bd/handle/11348/310 | |
| dc.identifier.uri | http://ar.iub.edu.bd/handle/11348/310 | |
| dc.language.iso | en | |
| dc.publisher | School of Business, Independent University,Bangladesh | |
| dc.source | IUB Academic Repository | |
| dc.subject | Money Market | |
| dc.subject | Foreign Exchange Market | |
| dc.subject | Financial Market | |
| dc.subject | NBFI | |
| dc.title | Development of Financial Markets and Financial Stability in Bangladesh | |
| dc.type | Article |
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