Fiscal and monetary policies management in Bangladesh
Monetary
policy control of money supply, fiscal policy control spending or acquiring
money from public.
Many of you have heard about the Great Depression in the 1930s. The hardships that the developed world went through led to some serious thinking into the realm of economics with a view to avoiding such depressions in future. Prior to 1930, even the greatest nations of the world did not have a systematic way of economic management. The next few decades saw the birth of modern macroeconomics with concepts such as monetary and fiscal policies emerging.
