CPD-CMI Working Paper Series 6 Finance for Local Government in Bangladesh An Elusive Agenda Debapriya Bhattacharya Mobasser Monem Umme Shefa Rezbana CENTRE FOR POLICY DIALOGUE (CPD) B A N G L A D E S H a c i v i l s o c i e t y t h i n k t a n k Absorbing Innovative Financial Flows: Looking at Asia FINANCE FOR LOCAL GOVERNMENT IN BANGLADESH An Elusive Agenda CPD-CMI Working Paper 6 Debapriya Bhattacharya Mobasser Monem Umme Shefa Rezbana Dr Debapriya Bhattacharya is a Distinguished Fellow at the Centre for Policy Dialogue (CPD); Dr Mobasser Monem is Professor, Department of Public Administration, University of Dhaka and Ms Umme Shefa Rezbana is Research Associate, CPD. i CPD Working Paper 000 Publishers Centre for Policy Dialogue (CPD) House 40C, Road 32, Dhanmondi R/A Dhaka 1209, Bangladesh Telephone: (+88 02) 8124770, 9126402, 9141703, 9141734 Fax: (+88 02) 8130951; E-mail:
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[email protected]; Website: www.cmi.no First Published November 2013 © Centre for Policy Dialogue (CPD) Disclaimer: The views expressed in this paper are those of the authors alone and do not necessarily reflect the views of CPD or CMI. Tk. 90 USD 6 ISSN 2225-8175 (Online) ISSN 2225-8035 (Print) Cover Design Avra Bhattacharjee CCM42013_3WP6_DGP ii Absorbing Innovative Financial Flows: Looking at Asia The present Working Paper Series emerged from a joint collaborative programme being implemented by the Centre for Policy Dialogue (CPD), Dhaka, Bangladesh and the Chr.