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      Interest Rate Convergence in Bangladesh

      1 ,
      International Journal of Banking and Finance
      UUM Press

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          Abstract

          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.  

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          Author and article information

          Contributors
          Bangladesh
          Bangladesh
          Journal
          International Journal of Banking and Finance
          UUM Press
          March 22 2012
          : 9
          : 81-97
          Affiliations
          [1 ]University of Dhaka and BRAC University, Bangladesh
          Article
          8449
          10.32890/ijbf2012.9.1.8449
          59c57f98-c317-4c5d-9540-34587b3ae7a3

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          History

          General economics,Financial economics,International economics & Trade,Industrial organization,Macroeconomics,Microeconomics

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