University of Science and Technology Chittagong

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Dr. Shahanara Basher

Dr. Shahanara Basher

Assistant Professor
Business Administration


Dr. Shahanara Basher is an Assistant Professor of the Faculty of Business Administration (FBA) at the University of Science and Technology Chittagong (USTC), Bangladesh. She joined USTC in July 2022. She has over 14 years of teaching and research experience. Earlier, Dr. Basher served as an adjunct lecturer at the Department of Business Administration of International Islamic University Chittagong from 2009 to 2015. She was a Research Assistant in the Department of Economics of Cukurova University, Turkey from 2016 to 2021. She also worked as the Research Fellow of the Presidency for Turks Abroad and Related Communities (YTB) of Turkey for 2017-18. Dr. Basher is making positive strides and achievements in her area of research. Her research interest includes international finance, foreign trade, economic integrations, and capital flows. She has been able to publish a good number of research articles, book chapters, and conference proceedings in internationally acclaimed peer-reviewed journals. Dr. Basher has multiple grants and awards to her credit. Some of those include the University of Chittagong Merit Scholarship for Undergraduate Program, 2001-2002; Research Scholarship from the Presidency for Turks Abroad and Related Communities (YTB), Turkey, 2017; and Best Paper Awards, International Conference on Eurasian Economies-2019, Famagusta, Turkish Republic of Northern Cyprus. Apart from teaching, Dr. Basher is also serving different administrative positions at USTC. She is a USTC academic council member and serves as an assistant proctor of the university.


  • PhD (Economics), Cukurova University, Turkey
  • MSS & BSS  (Economics), University of Chittagong, Bangladesh

Program Affiliated

  • Bachelor of Business Administration (BBA)
  • Master of Business Administration (MBA)

Areas of Interest

Courses Taught

Undergraduate Program

  • Microeconomics (BBA)
  • Macroeconomics (BBA)
  • Bangladesh Studies (BBA)
  • Introduction to Business (BBA)
  • International Business (BBA)
  • Business Statistics (BBA)
  • Public Finance (BBA)
  • Entrepreneurship Development (BBA)

Graduate Program

  • Managerial Economics
  • Managerial Communication
  • Business Statistics
  • International Business Management

Journals & Articles

  • Basher, S., Mamun, A., Bal, H., Hoque, N., & Uddin, M. (2023). Does capital flight tone down economic growth? Evidence from emerging Asia. Journal of Financial Economic Policy.
  • Mamun, A., Bal, H., Basher, S., Uddin, M. M., & Hoque, N. (2023). Growth effects of currency misalignment and capital flight in Turkey. Bulletin of Monetary Economics and Banking26(2), 221-250.
  • Mamun, A. H., Bal, H., & Basher, S. (2021). Does currency misalignment matter for economic growth?–Evidence from Turkey. EuroMed Journal of Business16(4), 471-486.
  • Basher, S., Mamun, A., Ali, M. H., Hoque, N., and Mowla, M. M (2018). The causality between stock market development and economic growth: Econometric evidence from Bangladesh. International Journal of Economics and Finance10(5), 212.
  • Mamun, A., Basher, S., Hoque, N., & Ali, M. H. (2018). Does stock market development affect economic growth? Econometric evidence from Bangladesh. Management & Accounting Review (MAR)17(1), 123-144.
  • Bal, H., Mamun, A. H., Basher, S., Uddin, M. R., & Mowla, M. (2019). Export-Led Growth Hypothesis in Developing Countries: Econometric Evidence from Bangladesh. Ömer Halisdemir Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi12(4), 454-465.
  • Mamun, A., & Basher, S. (2015). Remittance-Induced Output Growth in Bangladesh: An Empirical Study. Journal of Academic Research in Economics7(1).
  • Aziz, S. I., Basher, S., & Uddin, M. R. (2013). Efficiency of the Stock Markets in Bangladesh: Evidence from CSE and DSE. Journal of Academic Research in Economics5(3).
  • Mamun, A., Chowdhury, A. H., & Basher, S. (2013). Effects of exchange rate variation on price level and output growth in Bangladesh. Mediterranean Journal of Social Sciences4(6), 205.
  • Basher, S., H. (2019). The Aftermath of Quantitative Easing in Advanced Economies: The Empirical Evidences. Eurasian Economies, 2019, pp-84.
  • Basher, S., & Bal, H. (2019), Capital Flight and Economic Growth: Empirical Evidence from Turkey, International Conference on Business Innovation for Inclusive Development. IIUC, Chittagong, Bangladesh.
  • Basher, S., & Bal, H. (2019), The Aftermath of Quantitative Easing in Advance Economies: The Empirical Evidences, International Conference on Eurasian Economies (The paper wins the ‘Best Paper Awards’), Famagusta, Cyprus.
  • Mamun, A. H., Bal, H., & Basher, S. (2019). Does Currency Misalignment Metter for Domestic Investment? – Evidence from Turkey, The 6th International Symposium on Social Humanities and Administrative Sciences, Alanya, Turkey
  • Mamun, A. H., Bal, H., & Basher, S. (2019). Does Currency Misalignment Metter For Economic Growth? – Evidence From Turkey, 2nd International Kahramanmaraş Management, Economics and Politics Congress, Kahramanmaraş, TURKEY
  • Basher, S., & Bal, H. (2019), Export-led Growth Hypothesis in MINT Countries: A Panel Cointegration Analysis, International Conference on Eurasian Economies, Bishkek, Kyrgyzstan.