| Description |
1 online resource (26 pages) : color illustrations |
| Series |
IMF working paper, 1018-5941 ; WP/15/110 |
|
IMF working paper ; WP/15/110.
|
| Contents |
Cover; Contents; I. Introduction; II. A Framework for Analyzing Fiscal Risks; III. Macroeconomic Risks and Budget Sensitivity in Bangladesh; A. Sensitivity Analysis; B. Stochastic Analysis of Debt Dynamics; IV. Specific Fiscal Risks Facing Bangladesh; A. Government Loan Guarantees; B. State-Owned Banks; C. The Pension System; V. Institutional capacity; Budgeting Practices and Forecasting; External Borrowing and Debt Management; VI. Conclusions and Policy Implications; References |
| Summary |
This paper identifies, quantifies, and assesses fiscal risks in Bangladesh. By performing sensitivity analysis and using stochastic simulations, it measures risks arising from shocks to GDP growth, the exchange rate, commodity prices, and interest rates. It also analyzes specific fiscal and institutional risks, such as those related to the pension system, the issuance of guarantees, the state-owned commercial banks, and the external borrowing and debt management strategy. The paper finds that fiscal aggregates are particularly sensitive to shocks to commodity prices and exchange rates. Other factors that could affect fiscal aggregates are the unfunded pension system and the limited institutional capacity. --Abstract |
| Notes |
"May 2015." |
|
"Asia Pacific Department." |
| Bibliography |
Includes bibliographical references (pages 22-23) |
| Notes |
Online resource; title from pdf title page (IMF.org Web site, viewed May 20, 2015) |
| Subject |
Financial risk -- Bangladesh
|
|
Crises -- Economic aspects -- Bangladesh
|
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Prices -- Bangladesh
|
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Contingent liabilities (Accounting) -- Bangladesh
|
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Foreign exchange rates -- Bangladesh
|
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Debts, Public -- Bangladesh
|
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Pensions -- Bangladesh
|
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Loans -- Bangladesh
|
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Contingent liabilities (Accounting)
|
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Debts, Public
|
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Financial risk
|
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Foreign exchange rates
|
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Loans
|
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Pensions
|
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Prices
|
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Bangladesh
|
| Form |
Electronic book
|
| Author |
International Monetary Fund. Asia and Pacific Department.
|
| ISBN |
9781513538518 |
|
1513538519 |
|
1513551086 |
|
9781513551081 |
|
