Ph.D. (Delhi School of Economics )

Professor - Finance

Contact: +91-33-6652 9619

Email: mk.barai@imi-k.edu.in

 

Munim Kumar Barai

PhD (DSE, India), Fulbright Scholar (UPenn, USA), ASF Fellow (IWEP, Hanoi, Vietnam)

Dr. Munim Kumar Barai is a Professor of Finance at the Graduate School of Management, Ritsumeikan Asia Pacific University (APU), Japan since April 2010. Before that, he served at a number of universities in Bangladesh. Dr. Barai completed his Masters, M.Phil. and Ph.D from Delhi School of Economics, University of Delhi, India. He is a recipient of a number of academic awards including ICCR Fellowship, UGC (India) Junior and Senior Research Fellowship and JSPS Grants-in-Aid (Japan). With an Asian Scholarship Foundation (ASF) Fellowship, Dr. Barai was in Hanoi for a year to study the role of Doi Moi in poverty reduction in Vietnam. He was a Fulbright Scholar and completed the post-doc research at the University of Pennsylvania, USA. His present research interest includes developments in regional trade, macroeconomic issues and finance. He has published in the Contemporary South Asia, Transnational Corporation Review, Journal of Comparative Asian Development, Asia Pacific World, Global Business Review, Finance India, Review of Integrative Business and Economics, Bangladesh Journal of Political Economy, Journal of Accounting Finance and Economics, Bank Parikrama and so on. Dr. Barai has spent more than 19 years with his academic career. Additionally, he had a brief non-academic stint as the Economic and Political Adviser at the Canadian High Commission in Bangladesh.

Research Publications

Book

Arindam Banik, Munim Kumar Barai and Yasushi Suzuki. Towards A Common Goal: Understaning Growth and Sustainability in the Asia Pacific Region. Palgrave UK. (Upcoming).

Book Chapters – Individual and Joint Works

1. Munim K Barai, Swapan Kumar Bala and Rabi N Kar, “Embedding Corporate Social Responsibility (CSR) in Business: Strategic and Institutional Perspective from Bangladesh" in Dhirendra K. Vajpeyi and Roopinder Oberoi (ed.), Corporate Social Responsibility and Sustainable Development in Emerging Economies, Lexington Books, Lanham (USA), 2015, pp. 211-336.

2. Munim K Barai, “A Vision for South Asia in the 21st Century World Order,” University of Ruhuna ( Sri Lanka), Proceedings of the 3rd International Conference on Management and Economics, Faculty of Management and Finance, 2014 (February), pp. 45-58.

3. Munim K Barai,, “Trade Strategies of Japan and China in Their Heydays: An Ex-post Analysis,” University of Ruhuna ( Sri Lanka), Proceedings of the 3rd International Conference on Management and Economics, Faculty of Management and Finance, 2014 (February), pp.111-128.

4. Munim K Barai,, “Agreement on Agriculture and Food Prices and Bangladesh”, in Suhca Singh Gill, Lakhwinder Singh and Reena Marwah (eds), Economic and Environmental Sustainability of the Asian Region, Routledge India, 2010, pp. 71- 100. (Book Chapter)

5. Munim K Barai,, “WTO and the Developing World: Emerging Issues”, in S. B. Verma (ed),WTO and Development Opportunities, Deep and Deep Publications Pvt. Ltd., New Delhi, 2005, pp.53-83.

6. Munim K Barai,, “Globalisation, Liberalisation and Social Inequality: A Bangladesh Perspective”, in P R Chari and Sonika Gupta (ed.), Human Security in South Asia – Gender, Energy, Migration and Globalisation, Social Science Press, New Delhi, 2003, pp. 175-194.

7. Munim K Barai,, “Experiences of Trade and Investment Cooperation between Bangladesh and Germany”, in A K M Abdus Sabur (ed.), Experiences of Trade and Investment Cooperation between Bangladesh and Germany, Bangladesh Institute of International and Strategic Studies, Dhaka, 2000, pp. 99-139.

8. Munim K Barai and Abdur Rob Khan, “Defence-Development Dilemma: The Bangladesh Context”, in Md. Humayun Kabir (ed.), National Security of Bangladesh in the Twenty First Century, Academic Press and Publishers Ltd. and BIISS, Dhaka, 2000, pp. 38-59.

9. Munim K Barai, “Euro – Convergence Criteria and Global Impact”, Euro – Issues and Opportunities for Bangladesh, Bangladesh Institute of Bank Management, 1999, Dhaka, pp. 25-37.

10. Munim K Barai, “Economic Impact of Nuclearization: Challenges for Bangladesh”, Nucleraization of South Asia: Challenges and Options for Bangladesh, BIISS Paper, Vol. 17, December 1998 pp. 82-118.

 

Journal Articles – Individual and Joint Works

1. Munim K Barai, “Toward the Economic Predominance of Japan and China: Their Competitive Trade Strategies Compared ,” Asia Pacific World, Vol.6. No.2. , 2016, pp. 64-89.

2. Helal Uddin and Munim K Barai, “Islamic Microcredit: The Case of Bangladesh,” Journal of Accounting, Finance and Economics, Vol. 6, No. 1, 2016, pp. 49-64.

3. Munim Kumar Barai, Swapan K. Bala, Yasushi Suzuki and Bidyut B Saha., “Higher Education in Private Universities in Bangladesh: A Model for Quality Assurance”. Evergreen - Joint Journal of Novel Carbon Resource Sciences & Green Asia Strategy, Vol.2, No. 2 (2015:4), pp. 24-33.

4. Rabi N Kar, Munim K Barai, Yssuahi Suzuki and Minakshi, “Cross Border M&As in Emerging Economies: Evidence from Indian Trends and Future Directions,” Transnational Corporations Review, Vol. 7, No. 2, pp. 190-208. (DOI:10.5148/tncr.2015.7205)

5. Munim K Barai and Bidyut B Saha, “Energy Security and Sustainability in Japan,” Evergreen - Joint Journal of Novel Carbon Resource Sciences & Green Asia Strategy, Vol. 2, No. 1, (2015:3), pp. 50-58 .

6. Munim K Barai, “South Asia in the 21st Century Global Order: Problems, Promises and Positioning,” in FOCUS: Journal of Internal Business, Vol.2, No.1, (Jan-Jun, 2015), pp. 1-21.

7. Munim K Barai, Rabi N Kar and Niti Bhasin “Understanding the Indo-Japanese Economic Relations in the Asia Pacific Century,” Global Business Review, Vol. 16.6, (Nov. –Dec. 2015). pp.1061-1081

8. Munim K Barai, “Trade Strategies of Japan and China to their Economic Powerdom: Lessons for India,” The Discussant – Journal of Centre for Reforms, Development and Justice, Vol. 2. No. 2, 2014: pp. 63-64.

9. Yasushi Suzuki, Munim K Barai, and S. M. Sorabh Uddin, "Islamic banking and the Grameen mode of microcredit in Bangladesh: an institutional comparison, Contemporary South Asia, 21:4, 2013/11, pp. 413-28.

10. Munim K Barai and Bishnu K Adhikary,"The Success of Microcredit Model in Bangladesh: Supplementing 'Group Lending' Explanation by Institutional Understanding." Review of Integrative Business & Economic Research, 2:1, 2013/04, pp. 471-90.

11. Munim K Barai, "The Microcredit Model in Bangladesh: Evidence of Evolutionary Changes and Socioeconomic Success", Journal of Society, Economy and Development, 1:1, 2012/09, pp.31-52.

12. Munim K Barai, “Socioeconomic Impact of Remittances: A comparative Study of Bangladesh and Vietnam”, Asia Pacific World, Vol. 3. No. 1. 2012 (April), pp. 110-139.

13. Munim K Barai, “Development Dynamics of Remittances in Bangladesh”, Sage Open, 2012 (Feb. 28), DOI, pp. 1-13.

14. Yasushi Suzuki, Munim K Barai, Bishnu K Adhikary, “The Grameen Bank “empowering the poor” model of microcredit: An institutional comparison with the traditional mode of Japanese banking system”, Journal of Comparative Asian Development, Vol. 10, No.1, 2011(June), pp. 129-156.

15. Munim K Barai, “Poverty Reduction in Vietnam: Role of Doi Moi and Agriculture”, The Asian Scholar, Referee Reading, Vol. 5, 2009 (August), pp. 1-17.
http://www.asianscholarship.org/asf/ejourn/articles/munim_b.pdf. (Peer Reviewed)

16. Munim K Barai, M. Mursalin and Debashish Das, “Economic Determinants and Price Index Behavior in Dhaka Stock Exchange: An Empirical Analysis”, Southeast Journal of Business, Vol. 5, No. 2, , 2009 (July-Dec.), pp. 53-72.

17. Munim K Barai, “Poverty and Agriculture: The Case of Vietnam”, Vietnam Economic Review, Vol. 24 , No. 4(164), 2008, pp. 26-36.

18. Munim K Barai, “Poverty Reduction in Vietnam: Lessons for Bangladesh”, BIISS Journal, Vol. 28, No. 3, July 2007, pp. 269-309.

19. Munim K Barai, “WTO and the Developing World: Emerging Issues”, in S. B. Verma (ed),WTO and Development Opportunities, Deep and Deep Publications Pvt. Ltd., New Delhi, 2005, pp.53-83.

20. Munim K Barai, “Globalization and Recent Changes in the Economy of Bangladesh”, BIISS Journal, Vol. 24, No. 2, Bangladesh Institute of International and Strategic Studies, April, 2003, pp. 153-193.

21. Munim K Barai and Liakat H Moral, “Poverty Alleviation Effort in Bangladesh: Involvement of Some Selected Banks and NGOs”, with Liaquat Hossain Moral, Bangladesh Journal of Political Economy, Vol. 17, No. 2,Bangladesh Economic Association, December, 2002, pp.303- 324.

22. Munim K Barai and Liakat H Moral, “Financial Globalisation: The Banking Sector in Bangladesh”, Bangladesh Journal of Political Economy, Vol. XVI, No. 1, Bangladesh Economic Association, June, 2002, pp.133-156.

23. Sujit K Saha, Munim K Barai and Md. Mahabub, “Progress and Prospect of Non-Banking Financial Institutions in Bangladesh”, with Dr. Sujit Saha and others, Bank Parikrama, Vol. XXIV, No. 1, March ,1999, pp. 130-165.

24. Munim K Barai and Liakat H Moral, “Globalization of Bangladesh Economy: Trade, Investment and Financial Issues”, Journal of Business Research, Vol. 2, Jahangirnagar University, 1999, pp. 55-72

25. Munim K Barai, “Export Processing Zones in Bangladesh: Investment, Employment and Export Issues”, Bank Parikrama, Vol. XXIII, No. 1-2, Bangladesh Institute of Bank Management, March and June, 1998, pp. 67-96.

26. Individual Work, “WTO and the Developing World: Emerging Issues”, Chartered Secretary, Vol. XXVI, No. 6, The Institute of Company Secretaries of India , June 1996, pp. 625-636.

27. Munim K Barai, “Regionalism in International Business: South Asian Perspective”, Journal of International Relations, Vol. 4, Nos. 1-2, University of Dhaka, June, 1997, pp. 51-72.

28. R S Nigam and Munim K Barai, “The Helms-Burton Act: Implications for Sovereign Jurisdiction in International Business”, with, Chartered Secretary, Vol. XXVII, No. 2, The Institute of Company Secretaries of India , Cost and Management Institute, February 1997, pp. 127-134.

29. R.S. Nigam and Munim K Barai, “The Globalisation and Changing Financial Scenario: An Overview”, Finance India, Vol. 10, No. 2. April-June, 1996, pp. 302-324.

30. Munim K Barai, and Swapan K Bala, “The SAARC Preferential Trade Arrangement: Trade Prospects for Bangladesh”, The Cost and Management, Vol. XXII, No. 4, July-August, 1994, pp. 27-31.

 

Published Symposium and Conference Proceedings

1. “Leveraging Regional Integration as A Means of Trade Expansion: An Evaluation of TPP Choice of Japan,” At 5th Annual Conference on “Regional Integration in the Asia Pacific Region” organized by IAAPS and The UN ESCAP East and North East Asia Office , Incheon, Korea, 27-28 November, 2014.
www.r-cube.ritsumei.ac.jp/bitstream/10367/6054/1/proceedings0204.pdf.

2. “Understanding the Indo-Japan Economic Relations in the Asia Pacific Century,” At 5th Annual Conference on “Regional Integration in the Asia Pacific Region” organized by The UN ESCAP East and North East Asia Office , Incheon, Korea, 27-28 November, 2014. Proceedings of the 12th Asia Pacific Conference (APC 12), Ritsumeikan Asia Pacific University (APU), 1-3 Nov 2014.
http://www.apu.ac.jp/rcaps/uploads/fckeditor/Conference/2014APConferencePictures/Proceedings.pdf.

3. “Innovative Micro Enterprises of the Hinterland: Experiences of their Sustainable Business Models and Practices from India,” At RCAPS 12th Conference on "Ethics, Human Security and Sustainability: Knowledge and Practices in Asia Pacific" organized by RCAPS, Ritsumeikan Asia Pacific University, November 1-2, 2014. Proceedings of the 12th Asia Pacific Conference (APC 12), Ritsumeikan Asia Pacific University (APU), 1-3 Nov 2014
http://www.apu.ac.jp/rcaps/uploads/fckeditor/Conference/2014APConferencePictures/Proceedings.pdf.

4. “India-Japan Perception Gap on the "Mottainai" Ethics,” At RCAPS 12th Conference on "Ethics, Human Security and Sustainability: Knowledge and Practices in Asia Pacific" organized by RCAPS, Ritsumeikan Asia Pacific University, November 1-2, 2014. Proceedings of the 12th Asia Pacific Conference (APC 12), Ritsumeikan Asia Pacific University (APU), 1-3 Nov 2014
http://www.apu.ac.jp/rcaps/uploads/fckeditor/Conference/2014APConferencePictures/Proceedings.pdf.

5. “Energizing Development: Towards Energy Sustainability in Japan,” At RCAPS 12th Conference on "Ethics, Human Security and Sustainability: Knowledge and Practices in Asia Pacific" organized by RCAPS, Ritsumeikan Asia Pacific University, November 1-2, 2014. Proceedings of the 12th Asia Pacific Conference (APC 12), Ritsumeikan Asia Pacific University (APU), 1-3 Nov 2014
http://www.apu.ac.jp/rcaps/uploads/fckeditor/Conference/2014APConferencePictures/Proceedings.pdf.

6. “Market Structure, FDI, Imitation: Development of a Model for the Pharmaceutical Industry on North-South Intellectual Property Rights Conflict,” At RCAPS 12th Conference on "Ethics, Human Security and Sustainability: Knowledge and Practices in Asia Pacific" organized by RCAPS, Ritsumeikan Asia Pacific University, November 1-2, 2014. Proceedings of the 12th Asia Pacific Conference (APC 12), Ritsumeikan Asia Pacific University (APU), 1-3 Nov 2014
http://www.apu.ac.jp/rcaps/uploads/fckeditor/Conference/2014APConferencePictures/Proceedings.pdf.

7. Individual Work, “Issues in Quality Assurance in Higher Education and the Private Universities in Bangladesh”, Bangladesh Society for Total Quality Management, 1st Annual Convention Papers, September 15-16, 2006. 78-90.
http://www.apu.ac.jp/rcaps/uploads/fckeditor/Conference/2014APConferencePictures/Proceedings.pdf.

8. Individual, Work, “Integration and Cooperation: The Other Side”, International Studies Association of Bangladesh, Integration and Cooperation - EU and Bangladesh, Dhaka, April, 2000, pp. 29-32.
http://www.apu.ac.jp/rcaps/uploads/fckeditor/Conference/2014APConferencePictures/Proceedings.pdf.

9. Individual Work, “WTO and the Developing World: Emerging Issues”, Business Analyst, Vol. 18. No. 1, Sri Ram College of Commerce (University of Delhi), January-June, 1997, pp. 84-109.
http://www.apu.ac.jp/rcaps/uploads/fckeditor/Conference/2014APConferencePictures/Proceedings.pdf.

Research Project Awards/Achievements

1. Principal Investigator, “Islamic Microfinance for Poverty Reduction: Case of Bangladesh and Indonesia,” RCMA Fund, APU: 2015.

2. Principal Investigator, Quantitative Easing` in Japan: Financial and Economic Effects on Domestic and External Economies, APU Research Subsidy, Research Office, APU: 2013.

3. Principal Investigator, "Structuring the Grameen Bank Model to Financing the Japanese Microenterprises", Grant-in-Aid, JSPS , Government of Japan: 2012.

4. Principal Investigator, Development Dynamics of Remittances: A Comparative Study of Bangladesh and Vietnam, APU Research Subsidy, Research Office, APU . 2011.

5. Principal Investigator, Empowering the Poor: Relevance of Grameen Bank Experience to Cambodian Microfinance Sector/Industry, APU Research Subsidy, Research Office, APU. 2011.

6. Project Director, “Socioeconomic Impacts of Remittances in Bangladesh”, Sponsored by the Social Science Research Council, Ministry of Planning, Bangladesh, April 2010.

7. Project Director, “Social Development in Bangladesh: Present Status and Future Needs”, Sponsored by the Social Science Research Council, Ministry of Planning, Bangladesh, April 2007.

8. Project Evaluator, “"Regional Initiative for Rights to Sustainable Livelihood and the Enabling of Social and Political Participation" Consortium of Humanitarian Agencies Colombo, Sri Lanka March , 2007.

9. Consultant, “Cost Effectiveness of NNP in the New Organizational Framework”, Sponsored by the Micronutrient Initiative of CIDA, Bangladesh, March 2006.

10. Country Survey Coordinator, “State of Democracy in South Asia - Bangladesh Part”, the IDEA Switzerland and CSDS, Delhi), August, 2005.

11. Research Fellow, “A Program for Monitoring Programs for Poverty Alleviation in the SAARC Countries: A Case Study of Bangladesh”, Sponsored by the UNDP, Katmandu, January 2003.

 

Teaching Achievements

Interests: Finance, Corporate Finance, Financial Management, International Finance, Security Analysis and Portfolio Management, International Business, Macro Economics and Entrepreneurship.

Academic Honors and Awards

2016-2018 Japan Society for the Promotion of Science (JAPS) Grant-in-Aid (Multiple Years’ Grant)
2012-2015 Japan Society for the Promotion of Science (JAPS) Grant-in-Aid (Multiple Years’ Grant)
2007-2008 Senior Fulbright Scholar (International Relations Program, University of Pennsylvania, USA)
2006-2007 Asian Scholarship Foundation Fellow, 8th Cohort (Institute of World Economics and Politics, Hanoi, Vietnam)
1993-1997 UGC Junior & Senior Research Fellowship, University Grants Commission (UGC), India
1991-1193 Indian Council for Cultural Relations (ICCR) Scholarship, ICCR, India
1989-1991 M.Com , ICCR Scholarship ,ICCR, India
1986-1989 B.Com (Hon.), ICCR Scholarship, ICCR ,India
1983-1986 H.S.C ,Talent Pool , Education Board , Jessore, Bangladesh
1981-1983 S.S.C, Talent Pool, Education Board Jessore, Bangladesh
1979 1981 Junior Scholarship, Talent Pool, Education Board Jessore, Bangladesh