Welcome to Applied Macroeconomic Centre

A theory is appropriate as long as it fits into the fact; when a theory doesn't fit in the fact, it's wise to walk with the fact.

Sunday, May 11, 2014

Moody's Rating on Bangladesh

Moody's Investor Service provides its credit analysis and rates the Bangladesh economy based on its rating system; one may find the latest version of that, published on 29 April, 2014 useful.

Tuesday, May 6, 2014

Knowledge-based Asian Economies

Asian Development Bank (ADB) publishes a paper 'Innovative Asia: Advancing the Knowledge-Based Economy' with status of Asia-Pacific economies based on the World Bank developed the Knowledge Economy Index (KEI) using a four-pillar framework: (i) Economic and Institutional Regime; (ii) Education and skill of population; (iii) Information infrastructure; and (iv) Innovative system. The paper is probably one of the few which captures the current state of knowledge-based economies, and one may easily see the status of Bangladesh also. One comment: It's not satisfactory at all!