Business, Management and Accounting
3 years ago

Bangladesh's Economic Growth Boosted by Positive Inflation Rate Impact

Revista Finanzas y Política Económica
Revisiting inflation and growth nexus: an asymmetric cointegration based on Non-linear ARDL approach in case of Bangladesh
Zobayer Ahmed

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The study looked at how inflation affects economic growth in Bangladesh from 1986 to 2017. Using a special method called NARDL, they found a strong connection between inflation and GDP growth. The results show that when inflation goes up, economic growth also goes up, but when inflation goes down, growth doesn't change much. This means that controlling inflation could help boost economic growth in Bangladesh.