Interest Rate Convergence in Bangladesh
| Autor: | Dewan M. Rahman, Kohinur Akter |
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| Jazyk: | angličtina |
| Rok vydání: | 2012 |
| Předmět: | |
| Zdroj: | The International Journal of Banking and Finance, Vol 9, Iss 1 (2012) |
| Druh dokumentu: | article |
| ISSN: | 2811-3799 2590-423X |
| Popis: | Financial liberalization, a widely-accepted policy paradigm since the 1980s, aims to remove financial repression and thus establish an efficient financial sector as a pre-requisite for financial development. Interest rate convergence is one of the obvious outcomes of the interest rate liberalization, a crucial part of financial liberalization. Uniformity of interest rate should be there in a free and competitive financial market. This paper examines the state of interest rate convergence by measuring the degree of convergence in the financial market of Bangladesh, a success case of financial liberalization initiated in the 1990s. |
| Databáze: | Directory of Open Access Journals |
| Externí odkaz: |
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