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Japan-Bangladesh E-Bulletin (71st Issue / Jul 18, 2007)
- Making a Bridge between Japan and Bangladesh -
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This E-Bulletin is to share updated information and
stories about Japan-Bangladesh relations with as many
people as possible. If your friends are interested in
subscription, please email us at mail@embjp.accesstel.net
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[1] Recent Event on Japan-Bangladesh Relations
* Visit to Japan by Dr. Muhammad Yunus (Jul 6 to 12)
[2] Relay Essay by Japan Development Scholarship (JDS)
Fellow
(Mr. Goutam Kumar Ghosh, Assistant Director, Bangladesh
Bank)
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[1] Recent Events on Japan-Bangladesh Relations
* Visit to Japan by Dr. Muhammad Yunus (Jul 6 to 12)
Dr. Muhammad Yunus, a 2006 Nobel laureate and Managing
Director of the Grameen Bank, visited Japan from July 6 to
12 at the invitation of the Ministry of Foreign Affairs.
During his stay in Japan, Dr. Yunus paid a courtesy call
on H.E. Mr. Taro Aso, Minister for Foreign Affairs,
attended a dinner hosted by Mr. Katsuhito Asano, Senior
Vice-Minister for Foreign Affairs, and delivered speeches
at symposia and universities in Tokyo and Hiroshima.
Dr. Yunus is engaged in microfinancing in farming villages
to assist the lives and production activities of poor
people, women in particular, and established the Grameen
Bank, which provides the poor with a basis for financial
independence. The microfinance system has had such a great
influence on the development that it is now being utilized
all over the world as an effective means of poverty
reduction and self-help support for the poor, especially
poor women. In recognition of these achievements, Dr.
Yunus and the Grameen Bank won the Nobel Peace Prize in
2006.
It is hoped that Dr. Yunus’ visit has stirred awareness
among the Japanese people of the problems of developing
countries and the importance of international cooperation
to solve them.
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[2] Relay Essay by Japan Development Scholarship (JDS)
Fellow
(Mr. Goutam Kumar Ghosh, Assistant Director, Bangladesh
Bank)
I am taking this opportunity to pay my heartfelt thanks
and gratitude to Japan International Cooperation Center,
Bangladesh Bank, Economic Relations Division, Ministry of
Finance, Government of Bangladesh for selecting me as a
‘JDS Fellow’ for 2007-08. I have successfully completed
both Master and Bachelor of Pharmacy with Honours from
University of Dhaka, Bangladesh. After this, I
accomplished a "Master in Bank Management" from Bangladesh
Institute of Bank Management (BIBM) under National
University, Bangladesh. Presently, I am working as an
Assistant Director in Bangladesh Bank, the Central Bank of
Bangladesh. Before joining at Bangladesh Bank I worked in
Square Pharmaceuticals Limited, the largest
Pharmaceuticals Company in Bangladesh.
Bangladesh Bank, as like other Central Bank, is committed
to manage the monetary and credit system of Bangladesh
with a view to stabilizing domestic monetary value and
maintaining a competitive external par value of the
Bangladesh Taka towards fostering growth and development
of country’s productive resources in the best national
interest. In order to become a modern, strong, independent
central Bank there is a need for dynamic, strong and
forward looking professionals. Price stability, poverty
reduction and employment generation are major concern for
development of Bangladesh. As an integral part of
macroeconomic stabilization policy, monetary and fiscal
policies are designed to stipulate economic activity-in
particular, fluctuations in the economic growth, inflation
and unemployment rates.
In this regard, economics is the field of my interest. The
proposed research issue is to study “The Relative
Dominance of Monetary and Fiscal Policies on Output Growth
in Bangladesh". The importance of this in the economic
development of a country like Bangladesh cannot be
overemphasized. To achieve a certain policy objective,
such as stable and low inflation or higher output growth,
do we need to depend heavily on monetary policy or on
fiscal policy or on a coordinated combination of both, is
a compelling question to ask. Answer to this question
definitely requires an in-depth investigation on monetary
and fiscal policies. My ultimate objective is to provide
robust empirical evidence in which to build policies for
economic development.
As Japan provides an epitome of its role in building the
foundations of an economy, the proposed study would
attempt to capture the core of the organizational and
operational characteristics of the Japanese, and to derive
an understanding of the methods that enabled them to face
the economic process. The lessons learned would then be
considered to design policy guidelines for governing and
developing the economic sector in Bangladesh.
After returning home the study will help me in various
ways like, to enhance the skill, to help to tackle the
problems, to explore the creativity in order to achieve
optimum results for organization and will help Bangladesh
by extending the fundamental knowledge into various area
of specialization and by exposing the wide variety of
insights in economics that will contribute to the
development of Bangladesh.
I have come to know that International University of Japan
(IUJ) has a large number of international students from
many countries of the world. So, during the period of
study in Japan, the study will provide me the opportunity
to reciprocate with the international community and in
this way enable me to acquire knowledge about current
thinking on economics, development planning, trade and
commerce in the international area. Moreover, the study in
Japan will give me the opportunity to be conversant with
the Japanese social norms and values, institutional
arrangements and cultural uprightness, causing a visionary
change in me. I hope that I will be able to utilize this
knowledge for my nation and prepare myself to make
significant contribution to the international society.
(Japan Development Scholarship (JDS))
http://www.jice.org/english/jds/bangladesh_org.html
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