Suchergebnisse

In developing countries, often a major segment of the population is characterized as poor. Thus, social protection programs play a crucial role in facilitating the attainment of the Sustainable Development Goals (SDG) agenda across these nations. Among the several socioeconomic benefits associated with the social safety net programs, the impacts on female labor force participation are vital from the perspectives of enhancing women empowerment and welfare. Against this backdrop, this paper aims to evaluate the impacts of social transfers under the "allowances for the widow, deserted, and destitute women" social protection program on the rural female labor force participation responses in Bangladesh. The overall results from the probit, IV‐probit, and propensity score matching techniques provide statistical evidence regarding the cash transfers acting as a "mini‐push" to nudge greater participation of the beneficiary women in the labor force. Moreover, the cash transfers are also found to positively influence the labor force participation decisions of the other female members within the households of the program beneficiaries. Besides, the female labor force participation decisions are evidenced to be heterogeneous across the age cohorts, marital statuses, and the gender of the household head. In line with the major findings from the analyses, some key policy interventions are recommended.

The external financing of fiscal deficit is key to bridging public revenue shortfalls within developing economies. However, the public expenditure responses to the incoming foreign financial assistances, as documented in the existing literature, depict ambiguity with respect to the nature of the assistances. Against this milieu, this paper attempts to perform a comprehensive analysis of the dynamics adhering to the foreign financial inflows-government expenditure nexus in Bangladesh tapping annual data from 1985 to 2017. The vector error-correction model approach to short and long-run correlations and causality analyses, variance decomposition technique, and impulse response function exercises comprise the econometric methodologies considered in this paper. In a nutshell, the results from the analyses indicate toward foreign financial inflows crowding out public investments, and reducing the tax and non-tax efforts of the government, while diminishing the amount of local public borrowings in Bangladesh. Conversely, financial assistances in the form of concessional loans and those originating from multilateral sources are found to enhance government expenditure, while the foreign aids intended for the health sector are found to be fungible in nature. Thus, these contrasting findings are expected to generate crucial policy implications with regard to structuring appropriate public policies.

Terms of Trade is inextricably linked to the export performance of countries like Bangladesh that have heavily banked on their respective export sector. This paper empirically examines the nexus between terms of trade improvement and possible inflationary pressures associated using annual time series data over 1980 to 2014. This study is especially important in the context of LDC graduation of Bangladesh and loss of preferential market treatment in important markets. As a result, better terms of trade can play a key role in strengthening export competiveness and raising export volumes. In light of the estimated results in this study, an inverted-U shaped non-linear association between terms of trade improvement and inflation is unearthed. The finding can be a starting point for Bangladesh to adopt relevant export- boosting policies via terms of trade enhancement without the fear of triggering inflationary pressures.