Rubayat Chowdhury is a macroeconomist with more than ten years of experience working on monetary policy, growth, and economic development in emerging market economies.

Rubayat’s PhD thesis title is “Commodity Shocks, Uncertainty, and Sources of Business Cycles”. He is affiliated with the Centre for Applied Macroeconomic Analysis (CAMA), and the Development Policy Centre. His research is focused on the Pacific, commodity shocks, volatility, and business cycles of advanced and emerging market economies.

Rubayat has worked as a short-term consultant at the World Bank and as an economist at the central banks of Bangladesh and Papua New Guinea. He has been a convenor and lecturer for Graduate Preparatory Macroeconomics (IDEC 7903) in 2022 and 2023, and a tutor for the Open Economy Macroeconomics, Finance, and Development (IDEC 8008), Microeconomics (ECON 1101), Business Economics (ECON 8069), and Health Economics (ECON3004/6039) at ANU. Rubayat received the Helen Hughes Prize in 2013 and 2014 for his exceptional academic performance in the graduate diploma and master’s in international and development economics 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 (2020-2024).

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 2020-2024’ 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 serve as an economist for the central bank of Papua New Guinea, https://euagenda.eu/upload/publications/untitled-67434-ea.pdf.

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

 Employment history

Research Officer (part-time), The Australian National University, June 2023-December 2023, Supervisor: Professor Renée Fry-McKibbin.

Research Officer (casual), The Australian National University, September 2020-February 2023, Supervisor: Professor Renée Fry-McKibbin.

Short-Term Consultant (Economist), World Bank, May 2022-June 2024.

Additional Director (on study leave), Bangladesh Bank (Central Bank of Bangladesh), August 2020-February 2025.

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.