A MONETARY INTERPRETATION OF THE 1974 BANGLADESH FAMINE

This Paper examines aspects of the Chadha-Teja thesis that expansionary macroeconomic policies, rather than floods, might have caused the 1974 Bangladesh Famine. Although empirical findings are broadly consistent with the thesis, they are suggestive rather than conclusive. Nevertheless, one major conclusion is drawn that random natural disasters, such as floods .and droughts, may cause sectoral economic dislocation and misery but they are unlikely to cause a full-blown famine, unless they are accompanied by such 'loose macroeconomic policies, that destroy the credibility of the government to 'food stockholders' in its ability to stabilise the economy.


Issue Date:
Dec 31 1993
Publication Type:
Journal Article
DOI and Other Identifiers:
ISSN 0237-3539 (Other)
PURL Identifier:
http://purl.umn.edu/202858
Published in:
Bangladesh Journal of Agricultural Economics, Volume 16, Number 2
Page range:
01-36
Total Pages:
36
Series Statement:
XVI
2




 Record created 2017-04-01, last modified 2017-08-28

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