Rubayat Chowdhury's picture

Rubayat Chowdhury



PhD Candidate in Economics (ANU), 2020-present; Masters in Economics (ANU), 2014; Graduate Diploma in Economics (ANU), 2013; BSS in Economics (University of Dhaka) 2007

Contact details

Phone: +61 481 703 056

Room: Stanner +61 2 6125 5537

Rubayat Chowdhury is a macroeconomist with more than eight years of experience working on monetary policy, growth, and economic development in emerging market economies. Currently, Rubayat is pursuing Ph.D. in economics at the Centre for Applied Macroeconomic Analysis (CAMA), Australian National University (ANU). His research is focused on the commodity shocks and implications for the resource-dependent commodity exporters in Latin America and Asia Pacific. Rubayat has worked at the World Bank and the central banks of Bangladesh and Papua New Guinea as an economist. Rubayat has been a convenor and lecturer for Graduate Preparatory Macroeconomics (IDEC 7903) in 2022 and a tutor for Open Economy Macroeconomics, Finance, and Development (IDEC 8008), and Business Economics (ECON 8069) at ANU. He is the recipient of Helen Hughes Prize for being the top student in the graduating classes of 2013 (graduate diploma) and 2014 (masters) at ANU. Rubayat also received the Australia Awards scholarship (2013-2014), ODI fellowship (2017-2019), Greg Taylor scholarship (2020-2021), and Australian Government Research Training Program (AGRTP) scholarship (2020-2023).

PhD programme


Supervisor(s) and panel members

Topic title

Resource dependence, commodity shocks, and the role of the exchange rate


Chowdhury, R., 2022. Resource Dependence, Commodity Shocks, and the Role of the Exchange Rate: An Empirical Study of Papua New Guinea (No. 2022-50). Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University,

Chowdhury, R 2018, ‘The effectiveness of monetary policy in Bangladesh: a VAR approach’, Bangladesh Journal of Political Economy, vol. 34, no. 2,

Chowdhury, R, Khatun, R & Roy, R 2017, ‘Modeling the consequences of emerging markets slowdown in the aftermath of global financial crisis: A G-Cubed approach’, ASA University Review, vol. 11, no. 2,

Alam, MM, Chowdhury, R, Khatun, R & Roy, R 2017, ‘A Markov-Switching model of GDP growth in Bangladesh’, Thoughts on Banking and Finance, Bangladesh Bank Training Academy (BBTA) Journal, vol. 6, no. 1,

Khatun, R, Roy, R, Chowdhury, R & Hussain, MI 2017, ‘Determinants of bank profitability in Bangladesh’, Thoughts on Banking and Finance, Bangladesh Bank Training Academy (BBTA) Journal, vol. 6, no. 1,

Scholarships and fellowships

‘Greg Taylor Scholar 2020’ awarded by the Development Policy Centre, Crawford School of Public Policy, Australian National University, to facilitate research on Papua New Guinea and Pacific Island economies,

‘The Australian Government Research Training Program (AGRTP) Scholarship 2020-2023’ to undertake PhD in Economics at the Australian National University.

‘ODI Fellowship Scheme 2017-2019’, awarded by the Overseas Development Institute (ODI), London, United Kingdom, to join the central bank of Papua New Guinea as an Economist,

‘Australian Development Scholarship 2013-2014’, awarded by the Government of Australia to undertake graduate diploma and master’s in economics at the Australian National University.

Employment history

Research Officer (casual), The Australian National University, September 2020-present, Supervisor: Professor Renée Fry-McKibbin.

Short-Term Consultant (Economist), World Bank, May 2022-present.

Additional Director (on leave), Bangladesh Bank (Central Bank of Bangladesh), August 2020-present.

Economist (ODI Fellow), Bank of Papua New Guinea (Central Bank of Papua New Guinea), October 2017-December 2019.

Joint Director (Research), Bangladesh Bank, January 2015-August 2020.

Deputy Director (Research), Bangladesh Bank, October 2011-January 2015.

Assistant Director (Research), Bangladesh Bank, August 2009-October 2011.

Mailing address

Room: 2.07, Stanner Building (37) 132 Lennox Crossing
The Australian National University
Canberra ACT 2601 Australia

Updated:  30 May 2023/Responsible Officer:  Crawford Engagement/Page Contact:  CAP Web Team