Abstract:
The Bangladesh Bank, the central bank of Bangladesh, has been subject to an ongoing series of reforms. This paper provides an analytical description of the structure of the Bangladesh Bank; it reviews the reforms from their inception in 1982 through the current Central Bank Strengthening Project and assesses their impact on the Bank’s performance and autonomy. The Grilli-Masciandro-Tabellini (GMT) indexes for political and economic autonomy are calculated. The Bangladesh Bank ranks below its peers in both GMT measures.