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Price and output stabilities determine the success of monetary policy in either economy. This paper briefly examines the monetary policy strategies of three developed countries (USA, UK, Sweden) and three developing countries (Bangladesh, India, Pakistan). It is found that the developed countries follow some rule-based monetary policy whereas the developing countries with ill-organised monetary system do not follow the rule- based policy, rather they often formulate and launch policies under some discretionary framework. The fundamental objective of this study is to examine the performance of...

This paper estimates an interest rate reaction function for the US by using quarterly data spanning 1957: Q1-2010: Q3. We find evidence that US monetary policy can be described by the Taylor (1993) rule. Although Taylor's original rule was specified under contemporaneous set-up, there is substantial evidence that forward looking specification can replace the original version without any loss of generality. Interest rate smoothing is another dimension that does not question the robustness of the rule. The only problem underlying in estimation process is the possibility of spurious regression...

Increasing quantity of solid waste creates various environmental and health problems. Most common problems associated with improper management of solid waste include diseases transmission, fire hazards, foul odour, atmospheric and water pollution, blockage of sewer system and economic losses. In Bangladesh, the collection, transportation and disposal of MSW are unscientific and chaotic. Solid waste recycling and reclamation approach can be a sustainable and effective waste management system in many growing cities of the least developed countries...

This book presents an overview of the rules for boring spacing, boring depths requirements along with sampling type and depths as well as its design applications, in the light of the experience accumulated in geotechnical investigation. The topics have been discussed in details. Also the number and type of field tests in soil form survey have been thrashed out her to see the variability of test procedure, apparatus used and their contribution in determining soil properties. The study reveals that there is no hard and fast rule for boring spacing or the depth to which boring are to be...