A/2, Jahurul Islam Avenue
Jahurul Islam City, Aftabnagar
Dhaka-1212, Bangladesh
Ph.D. in Economics (York University, Canada), 2007
MA in Economics (York University, Canada), 2001
M.Sc. in Economics (North South University, Bangladesh), 1999
BBA with Finance (North South University, Bangladesh), 1996
I received my Ph.D. in Economics from York University in June 2007. My dissertation, “Essays on Mixed Oligopoly,” was completed under the advisement of Professors Mahmudul Anam, Shin-Hwan Chiang, and Alfred Haug.
After graduating from York University, I joined the Qatar Central Bank (QCB) as a Research Economist in December 2007. While working at the QCB, I also served as an Economic Consultant to the Qatar National Food Security Programme from February 2010 to August 2012. My tenure with the QCB ended in June 2013 followed by a brief period of unemployment during July–December 2013. I joined Fikra Research & Policy, based in Qatar, as a Senior Research Fellow, serving from January 2014 to October 2016.
However, for the most part of my tenure with Fikra, I worked as a non-resident fellow since I moved to Bangladesh in April 2014. In January 2015, I joined the Department of Economics at East West University as an Associate Professor. From September 2016 to April 2019, I served as Chair of the Department of Economics. In July 2019, I became a Professor of Economics.
My writing has appeared, among others, in the Journal of International Money and Finance, Journal of Banking and Finance, Energy Economics, Global Environmental Change, Economics of Transition, Journal of Forecasting, and Journal of Time Series Econometrics. My current research interests focus on the areas of energy and financial markets, forecasting, and empirical microeconomics.
While I have done research more than teaching, I actually love teaching. I entered the economics profession because of some great teachers. As a teacher today, I am trying to repay this debt.
I’m available for lectures, discussion, or interviews about economics. You can find me on Twitter or email me at: syed.basher@gmail.com.
2019 – Date: Professor, Department of Economics, East West University, Dhaka
2015 – Date: Senior Asian Fellow, Asian Center for Development, Dhaka
2015 – 2019: Associate Professor, Department of Economics, East West University, Dhaka
2016 – 2019: Chairperson, Department of Economics, East West University, Dhaka
2014 – 2016: Senior Research Fellow, Fikra Research & Policy, Qatar
2014: Adjunct Associate Professor of Economics, Independent University, Dhaka
2010 – 2012: Economic Consultant, Qatar National Food Security Programme
2007 – 2013: Research Economist, Department of Research & Monetary Policy, Qatar Central Bank
2010 – 2013: Research Fellow, Economic Research Group, Dhaka
2005 – 2007: Lecturer, Department of Economics, University of Guelph, Guelph
2002 – 2007: Lecturer, Schulich School of Business, York University, Toronto
2002 – 2004: Research Assistant, Department of Economics, York University, Toronto
2000 – 2007: Teaching Assistant, Department of Economics, York University, Toronto
1998 – 2000: Research Associate, Institute of Development, Environment and Strategic, Studies (IDESS), North South University, Dhaka
1996 – 1998: Teaching Assistant, Department of Economics, North South University, Dhaka
Energy Economics, Development Macroeconomics
Does Economic Growth Matter? Technology-Push, Demand-Pull, and Endogenous Drivers of Innovation in the Renewable Energy Industry (with Sam Aflaki and Andrea Masini). Forthcoming in Clean Technologies and Environmental Policy, 2021.
Public policy lessons from the Covid-19 outbreak: How to deal with it in the post-pandemic world? (with A.K. Enamul Haque). Forthcoming in Journal of Social and Economic Development, 2020. https://doi.org/10.1007/s40847-020-00118-w
Determinants of Sector Holders International Equity Holdings (with Faruk Balli, Hatice Ozer Balli, Amira Karimova, and Aihua Wang). International Review of Economics & Finance, vol. 63, September 2019, pp. 329-328.
Exchange Rates of Oil Exporting Countries and Global Oil Price Shocks: A Nonlinear Smooth-Transition Approach (with Alfred Haug). Applied Economics, vol. 51, no. 48, 2019, pp. 5282-5296.
Oil Subsidies and the Risk Exposure of Oil-User Stocks: Evidence from Net Oil Producers (with Abdulrahman Alhassan and M. Kabir Hassan). Resource Policy, vol. 61, June 2019, pp. 461-472.
The Misuse of Net Present Value in Energy Efficiency Standards (with David Raboy). Renewable & Sustainable Energy Reviews, vol. 96, November 2018, pp. 218-225.
Is Your Valley as Green as it Should Be? Incorporating Economic Development into Environmental Performance Indicators (with Sam Aflaki and Andrea Masini). Clean Technologies and Environmental Policy, vol. 20, no. 8, October 2018, pp. 1903-1915,
The Impact of Oil-Market Shocks on Stock Returns in Major Oil-Exporting Countries (with Alfred Haug and Perry Sadorsky). Journal of International Money and Finance, vol. 86, September 2018, pp. 264-280.
Quantifying the Impact of Ramadan on Global Raw Sugar Prices (with Kazi Abrar Hossain and A.K. Enamul Haque). International Journal of Islamic and Middle Eastern Finance and Management, vol. 11, no. 4, November 2018, pp. 510-528.
Turkish and BRICS Engagement in Africa (with Elem Tepeciklioglu and Evren Tok). Journal of Sustainable Development Law and Policy, vol. 8, no. 2, 2017, pp. 48-66.
Bank Capital and Portfolio Risk among Islamic Banks (with Lawrence M. Kessler and Murat K. Munkin). Review of Financial Economics, vol. 34, September 2017, pp. 1-9.
On the Global Determinants of Visiting Home (with Faruk Balli, Rosmy Jean Louis, and Ahmed Saber Mahmud). International Journal of Tourism Research, vol. 19, no. 1, January/February 2017, pp. 1-12.
The Oil Cycle, the Federal Reserve and the Monetary and Exchange Rate Policies in Qatar (with Khalid Alkhater). Middle East Development Journal, vol. 8, no. 1, June 2016, pp. 127-155.
Hedging Emerging Market Stock Prices with Oil, Gold, VIX and Bonds: A Comparison Between DCC, ADCC and GO-GARCH (with Perry Sadorsky). Energy Economics, vol. 54, February 2016, pp. 235-247.
The Impact of Oil Shocks on Exchange Rates: A Markov-Switching Approach (with Alfred Haug and Perry Sadorsky). Energy Economics, vol. 54, February 2016, pp. 11-23.
Time Series Properties of the Renewable Energy Diffusion Process: Implications for Energy Policy Design and Assessment (with Andrea Masini and Sam Aflaki). Renewable & Sustainable Energy Reviews, vol. 52, December 2015, pp. 1680-1692.
An Analysis of Returns and Volatility Spillovers and their Determinants in Emerging Asian and Middle Eastern Countries (with Faruk Balli, Hassan Hajhoj, and Hassan Ghassan). International Review of Economics and Finance, vol. 39, September 2015, pp. 311-325.
Regional Initiative in the Gulf Arab States: The Search for a Common Currency. International Journal of Islamic and Middle Eastern Finance and Management, vol. 8, no. 2, 2015, pp. 185-202.
Loan Loss Provisioning in OIC Countries: Evidence from Conventional vs. Islamic Banks (with M. Kabir Hassan and Ali Ashraf). Journal of King Abdulaziz University: Islamic Economics, vol. 28, no. 1, 2015, pp. 23-59.
Investigating Long-Run Demand for Broad Money in the Gulf Arab Countries (with Stefano Fachin). Middle East Development Journal, vol. 6, no. 2, 2014. pp. 199-214.
Dependence Patterns Across Gulf Arab Stock Markets: A Copula Approach (with Salem Nechi and Hui Zhu). Journal of Multinational Financial Management, vol. 25-26, July 2014, pp. 30-50.
Price Volatility and the Political Economy of Resource-Rich Nations (with Ahmed Saber Mahmud). Economics of Governance, vol. 15, no. 3, 2014, pp. 253-279.
The Impacts of Food Price and Income Shocks on Household Food Security and Economic Well-Being: Evidence from Rural Bangladesh (with Sonia Akter). Global Environmental Change, vol. 25, March 2014, pp. 150-162.
The Determinants of the Volatility of Returns on Cross-Border Asset Holdings (with Faruk Balli and Faisal Rana). Journal of International Money and Finance, vol. 44, June 2014, pp. 1-23.
Pre- versus Post-Crisis Central Banking in Qatar (with Elsayed Elsamadisy and Khalid Alkhater). Journal of Policy Modeling, vol. 36, no. 2, March-April 2014, pp. 330-352.
More Efficient Production Subsidies for Emerging Agriculture in Micro Arab States: A Conceptual Model (with David Raboy, Ishrat Hossain, and Simeon Kaitbie). Review of Middle East Economics and Finance, vol. 9, no. 3, December 2013, pp. 293-319.
The Long-Run Relationship between Savings and Investment in Oil-Exporting Developing Countries: A Case Study of the Gulf Arab States (with Stefano Fachin). OPEC Energy Review, vol. 37, no. 4, December 2013, pp. 429-446.
Deconstructing Shocks and Persistence in OECD Real Exchange Rates (with Josep Llus Carrion-i-Silvestre). B.E. Journal of Macroeconomics, vol. 13, no. 1, January 2013, pp. 187-212.
International Income Risk-Sharing and the Global Financial Crisis of 2008-2009
All teaching materials are available on Google Classroom.