Trade Liberalization And Its Effects On The Economic Growth Of Bangladesh

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Trade Liberalization and Its Effects on the Economic Growth of Bangladesh

Author : Shapan Majumder
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Trade Liberalization and Its Effects on the Economic Growth of Bangladesh by : Shapan Majumder

Download or read book Trade Liberalization and Its Effects on the Economic Growth of Bangladesh written by Shapan Majumder and published by . This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The objective of this paper is to assess the effectiveness of the trade policy on Bangladesh economy between the periods 1990 to 2010. This research analyzes the achievements of the economy regarding the important variables such as growth of GDP, export, import, exchange rate, terms of trade, and foreign reserve after the trade liberalization in 1990s. The study demonstrates that the inward policy of the trade liberalization reduces the import while the forward policy increases the employment, production, and export. Finally, liberalization policy improves overall economic indicators as GDP per capita, FDI, and remittances have been growing up since pre-liberalization. The study shows that both export and import have increased noticeably since liberalization, with import rising faster than export in the period immediately after liberalization.

Effect Of Trade Openness On Economic Growth Of Bangladesh Economy

Author : Umme Humayara Manni
Publisher : LAP Lambert Academic Publishing
ISBN 13 : 9783659276125
Total Pages : 164 pages
Book Rating : 4.2/5 (761 download)

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Book Synopsis Effect Of Trade Openness On Economic Growth Of Bangladesh Economy by : Umme Humayara Manni

Download or read book Effect Of Trade Openness On Economic Growth Of Bangladesh Economy written by Umme Humayara Manni and published by LAP Lambert Academic Publishing. This book was released on 2012 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book examines the impact of trade liberalization and deregulation on the Bangladesh economy between the periods 1980 to 2009. The book analyzes the achievements of the economy in terms of important variables such as growth, inflation and the trade balance. An analysis is for the most part descriptive relying on tables and graphs. However, the findings in these chapters are put to test by econometric analysis towards the end. The analysis clearly indicates that GDP growth increased consequent to liberalization and deregulation. Trade liberalization does not seem to have aftected inflation in the economy. The quantitative analysis also suggests that greater openness has had a favourable effect on economic development. Both real export and imports have increased with greater openness. Liberalization policy certainly improves export of the country which eventually leads higher economic growth after 1990s. The average degree of openness sharply increases more than double after the year 2000 than the last decade. Despite of this improvement after liberalization the average trade balance of Bangladesh remains in deficit.

Trade Liberalization

Author : Romain Wacziarg
Publisher : Edward Elgar Publishing
ISBN 13 : 9781788111492
Total Pages : 0 pages
Book Rating : 4.1/5 (114 download)

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Book Synopsis Trade Liberalization by : Romain Wacziarg

Download or read book Trade Liberalization written by Romain Wacziarg and published by Edward Elgar Publishing. This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This compelling two-volume collection presents the major literary contributions to the economic analysis of the consequences of trade liberalization on growth, productivity, labor market outcomes and economic inequality. Examining the classical theories that stress gains from trade stemming from comparative advantage, the selection also comprises more recent theories of imperfect competition, where any potential gains from trade can stem from competitive effects or the international transmission of knowledge. Empirical contributions provide evidence regarding the explanatory power of these various theories, including work on the effects of trade openness on economic growth, wages, and income inequality, as well as evidence on the effects of trade on firm productivity, entry and exit. Prefaced by an original introduction from the editor, the collection will to be an invaluable research resource for academics, practitioners and those drawn to this fascinating topic.

Import and Export Trade Status of Bangladesh and China and its Impact on Economic Growth

Author : Nasif Ahmed
Publisher : GRIN Verlag
ISBN 13 : 3346501671
Total Pages : 35 pages
Book Rating : 4.3/5 (465 download)

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Book Synopsis Import and Export Trade Status of Bangladesh and China and its Impact on Economic Growth by : Nasif Ahmed

Download or read book Import and Export Trade Status of Bangladesh and China and its Impact on Economic Growth written by Nasif Ahmed and published by GRIN Verlag. This book was released on 2021-09-29 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bachelor Thesis from the year 2021 in the subject Business economics - Trade and Distribution, grade: 4.0, , language: Mandarin, abstract: The aim of this study is to examine the relationship between export, import and economic growth between China and Bangladesh. The study is mainly based on secondary sources of data which was collected from various books, journals, research works, publications etc. In this study, an attempt has been made to review the recently available literature related to export, import and economic growth with China-Bangladesh. Bilateral trades between Bangladesh and China have stretched significantly in recent years. Export, import and economic growth are very potential weapons in the economy of Bangladesh. The trade relationship between these two countries is increasing with time again the connection of Silk Road will give more boost to the economy of both the countries. Bangladesh is a developing country; its economy is inflicted by trade deficit from her very inception. In this paper, our objective is to examine and compare the international trade between the two countries, especially, the changes in the bilateral trade and identifying major trends of trade. Every year Bangladesh imports from China were US$10.35 Billion during 2015, according to the United Nations COMTRADE database on international trade. Our findings have been using to locate the strong sectors of future cooperation between these two countries to make the economy stronger and also policy implications for future trade and economic progress.

The Impact of Trade Liberalization on Economic Performance

Author : Mohammed Shafi Uddin
Publisher : LAP Lambert Academic Publishing
ISBN 13 : 9783838346724
Total Pages : 88 pages
Book Rating : 4.3/5 (467 download)

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Book Synopsis The Impact of Trade Liberalization on Economic Performance by : Mohammed Shafi Uddin

Download or read book The Impact of Trade Liberalization on Economic Performance written by Mohammed Shafi Uddin and published by LAP Lambert Academic Publishing. This book was released on 2011-07-01 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bangladesh initiated the process of trade liberalization in the early 1980s as recommended by the World Bank and the International Monetary Fund. This book analyses the impact of trade liberalization on economic performance of Bangladesh by using the time series data of 1981-2005 with the help of cointegration and error correction methods. The empirical results exhibit the presence of a long-run relationship among the real gross domestic product (GDP) and its major determinants of gross fixed capital formation as share of GDP, education expenditure of government as share of gross national income, trade-GDP ratio and government consumption. The study suggests the importance of trade liberalization policies in order to enhance economic growth in the long-run. Researchers and students of economics will find this book a useful starting point for further research in the field of trade liberalization. It should also be useful to policymakers to formulate some general guidelines for undertaking trade liberalization in developing countries.

Trade Liberalization, Growth and Poverty Reduction

Author : Sadiq Ahmed
Publisher :
ISBN 13 :
Total Pages : 43 pages
Book Rating : 4.:/5 (32 download)

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Book Synopsis Trade Liberalization, Growth and Poverty Reduction by : Sadiq Ahmed

Download or read book Trade Liberalization, Growth and Poverty Reduction written by Sadiq Ahmed and published by . This book was released on 2003 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper seeks to compile evidence for the hypothesis that greater trade openness, and associated deregulation is good for growth, and poverty reduction in Bangladesh. At the theoretical level, it can be argued that since Bangladesh is relatively heavily endowed with labor, within the framework of the Hecksher-Ohlin model (1933 and 1949), expansion of international trade opportunities will likely support the growth of labor-intensive export industries, promoting employment, and incomes as per the Stolper-Samuelson Theorem (1941). Arguments also suggest improved productive and allocative efficiency; factor accumulation and investment; knowledge spillovers; improved income distribution; and, government policy improvements. The paper argues, using qualitative and quantitative analysis and a case study approach, that Bangladesh's increasing global integration, based on trade liberalization, and other economic deregulation, especially as of the 90s, contributed significantly to the acceleration of per capita income growth, and poverty reduction. It looks briefly at issues of trade openness, and economic development from the theoretical perspective, reviews the empirical basis for the effects of trade openness on economic development, and, focuses broadly on economic deregulation, and trade liberalization. Policy regimes implications are analyzed to provide a series of observations.

Trade Liberalisation and Economic Growth

Author : Abdur Razzaq
Publisher :
ISBN 13 :
Total Pages : 143 pages
Book Rating : 4.:/5 (8 download)

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Book Synopsis Trade Liberalisation and Economic Growth by : Abdur Razzaq

Download or read book Trade Liberalisation and Economic Growth written by Abdur Razzaq and published by . This book was released on 2003 with total page 143 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Trade and Financial Liberalization in Bangladesh

Author : Mohammad Alam
Publisher :
ISBN 13 :
Total Pages : 100 pages
Book Rating : 4.X/5 (4 download)

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Book Synopsis Trade and Financial Liberalization in Bangladesh by : Mohammad Alam

Download or read book Trade and Financial Liberalization in Bangladesh written by Mohammad Alam and published by . This book was released on 1995 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Implications of WTO Agreements and Unilateral Trade Policy Reforms for Poverty in Bangladesh

Author :
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 44 pages
Book Rating : 4./5 ( download)

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Book Synopsis Implications of WTO Agreements and Unilateral Trade Policy Reforms for Poverty in Bangladesh by :

Download or read book Implications of WTO Agreements and Unilateral Trade Policy Reforms for Poverty in Bangladesh written by and published by World Bank Publications. This book was released on 2006 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The authors examine the effects of WTO agreements and domestic trade policy reforms on production, welfare, and poverty in Bangladesh. They use a sequential dynamic computable general equilibrium (CGE) model, which takes into account accumulation effects, allowing for long-run analysis. The study is based on the 2000 Social Accounting Matrix (SAM) of Bangladesh including 15 production sectors, four factors of production (skilled and unskilled labor, agricultural and nonagricultural capital), and nine household groups (five in rural areas and four in urban areas). To examine the link between the macroeconomic effects and microeconomic effects in terms of poverty, the authors use the representative household approach with actual intra-group income distributions. The study presents five simulations for which the major findings are: - The Doha scenario has negative implications for the overall macroeconomy, household welfare, and poverty in Bangladesh. Terms of trade deteriorate and consumer prices, particularly food prices, increase more than nominal incomes, especially among poor households. - Free world trade has similar, but larger, impacts. - Domestic trade liberalization induces an expansion of agricultural and light manufacturing sectors, favorable changes in the domestic terms of trade. Although the short-run welfare and poverty impacts are negative, these turn positive in the long run when capital has adjusted through new investments. Rising unskilled wage rates make the poorest households the biggest winners in terms of welfare and poverty reduction. - Domestic liberalization effects far outweigh those of free world trade when these scenarios are combined. - Remittances constitute a powerful poverty-reducing tool given their greater importance in the income of the poor." -- Cover verso.

Trade Liberalization in Bangladesh

Author : Nasiruddin Ahmed
Publisher :
ISBN 13 :
Total Pages : 284 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Trade Liberalization in Bangladesh by : Nasiruddin Ahmed

Download or read book Trade Liberalization in Bangladesh written by Nasiruddin Ahmed and published by . This book was released on 2001 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Impact of Trade Liberalization on Economic Performance

Author : Mohammed Shafi Uddin
Publisher :
ISBN 13 :
Total Pages : 87 pages
Book Rating : 4.:/5 (643 download)

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Book Synopsis Impact of Trade Liberalization on Economic Performance by : Mohammed Shafi Uddin

Download or read book Impact of Trade Liberalization on Economic Performance written by Mohammed Shafi Uddin and published by . This book was released on 2007 with total page 87 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Bangladesh's Macroeconomic Policy

Author : Monzur Hossain
Publisher : Springer Nature
ISBN 13 : 9811512442
Total Pages : 508 pages
Book Rating : 4.8/5 (115 download)

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Book Synopsis Bangladesh's Macroeconomic Policy by : Monzur Hossain

Download or read book Bangladesh's Macroeconomic Policy written by Monzur Hossain and published by Springer Nature. This book was released on 2020-02-21 with total page 508 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides valuable insights on issues pertaining to current macroeconomic policy debates and challenges in Bangladesh. It evaluates various macroeconomic policies and reflects on a future direction in terms of four central themes: (i) Macroeconomic Policy, Growth and Poverty; (ii) Monetary and Fiscal Policy; (iii) International Trade and Finance; and (iv) Finance and Growth. Given its scope, the book will serve as a useful resource for academics and macroeconomic practitioners whose work involves developing countries.

The Expected Benefits of Trade Liberalization for World Income and Development

Author : Antoine Bouët
Publisher : Intl Food Policy Res Inst
ISBN 13 : 0896295109
Total Pages : 176 pages
Book Rating : 4.8/5 (962 download)

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Book Synopsis The Expected Benefits of Trade Liberalization for World Income and Development by : Antoine Bouët

Download or read book The Expected Benefits of Trade Liberalization for World Income and Development written by Antoine Bouët and published by Intl Food Policy Res Inst. This book was released on 2008-01-01 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: Development experts often promote trade liberalization as a path to economic development and poverty alleviation. This study examines the trade models used to support such claims. The author surveys the methodologies used to assess trade liberalization’s impact and examines the extent to which assessments of impact diverge. Through careful analysis of models and their results, the author provides a more nuanced assessment of the liberalization’s possible benefits

Long-Run Economic Growth

Author : Steven Durlauf
Publisher : Springer Science & Business Media
ISBN 13 : 3642612113
Total Pages : 204 pages
Book Rating : 4.6/5 (426 download)

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Book Synopsis Long-Run Economic Growth by : Steven Durlauf

Download or read book Long-Run Economic Growth written by Steven Durlauf and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of the most enduring questions in economics involves how a nation could accelerate the pace of its economic development. One of the most enduring answers to this question is to promote exports -either because doing so directly influences development via encouraging production of goods for export, or because export promotion permits accumulation of foreign exchange which permits importation of high-quality goods and services, which can in turn be used to expand the nation's production possibilities. In either case, growth is said to be export-led; the latter case is the so-called "two-gap" hypothesis (McKinnon, 1964; Findlay, 1973). The early work on export-led growth consisted of static cross-country com parisons (Michaely, 1977; Balassa, 1978; Tyler, 1981; Kormendi and Meguire, 1985). These studies generally concluded that there is strong evidence in favour of export-led growth because export growth and income growth are highly correlated. However, Kravis pointed out in 1970 that the question is an essen tially dynamic one: as he put it, are exports the handmaiden or the engine of growth? To make this determination one needs to look at time series to see whether or not exports are driving income. This approach has been taken in a number of papers (Jung and Marshall, 1985; Chow, 1987; Serletis, 1992; Kunst and Marin, 1989; Marin, 1992; Afxentiou and Serletis, 1991), designed to assess whether or not individual countries exhibit statistically significant evidence of export-led growth using Granger causality tests.

The Impact of Trade Liberalization on Growth, Unemployment, and Poverty in Bangladesh

Author : Maha Z. Mirza
Publisher :
ISBN 13 :
Total Pages : 220 pages
Book Rating : 4.:/5 (731 download)

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Book Synopsis The Impact of Trade Liberalization on Growth, Unemployment, and Poverty in Bangladesh by : Maha Z. Mirza

Download or read book The Impact of Trade Liberalization on Growth, Unemployment, and Poverty in Bangladesh written by Maha Z. Mirza and published by . This book was released on 2005 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Trade Reforms, Poverty and Inequality in Bangladesh

Author : Bodrun Nahar
Publisher : Nova Science Pub Incorporated
ISBN 13 : 9781631175053
Total Pages : 260 pages
Book Rating : 4.1/5 (75 download)

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Book Synopsis Trade Reforms, Poverty and Inequality in Bangladesh by : Bodrun Nahar

Download or read book Trade Reforms, Poverty and Inequality in Bangladesh written by Bodrun Nahar and published by Nova Science Pub Incorporated. This book was released on 2014-01-01 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: Trade liberalisation reforms in Bangladesh have been accompanied by impressive economic growth and substantial reductions in poverty. Nevertheless, there is concern that increasing inequality has limited the poverty-reducing impact of economic growth. Against this backdrop, the present study uses a multi-sectoral, multi-factor and multi-household computable general equilibrium (CGE) model to simulate the short-run and long-run effects of the unilateral elimination of import tariffs on poverty and inequality in Bangladesh. In doing so, the study also explores the effects on macroeconomic performance, on output and employment in individual industries, on employment by gender and skill groups, and on household income and consumption of various socio-economic groups. Recognising the perceived risk that the loss of tariff revenue might lead to unsustainably large fiscal deficits, the study simulates the effects of the removal of tariffs, both with and without an endogenously determined consumption tax to compensate for the loss of tariff revenue. In the long run, in both rural and urban areas, the removal of tariffs without a compensatory consumption tax brings significant reductions in poverty accompanied by declines in inequality. With the introduction of a consumption tax, poverty and inequality still fall in the long run, but in each case to a smaller extent. This book provides a significant contribution to understanding of the trade-poverty-inequality nexus in Bangladesh. Its comprehensive, in-depth, yet accessible analysis should arouse the interest of a wide-ranging readership that includes trade negotiators, policy makers, academics, researchers, students and all who are interested in issues at the heart of the globalisation debate.

Trade Liberalisation and Economic Development in Africa

Author : Gift Mugano
Publisher : Routledge
ISBN 13 : 1000457915
Total Pages : 258 pages
Book Rating : 4.0/5 (4 download)

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Book Synopsis Trade Liberalisation and Economic Development in Africa by : Gift Mugano

Download or read book Trade Liberalisation and Economic Development in Africa written by Gift Mugano and published by Routledge. This book was released on 2021-09-30 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a thorough and rigorous discussion on the impact of trade liberalisation on economic development with a special focus on the African continent. The author presents the rationale for trade liberalisation, trade liberalisation frameworks, the trade liberalisation economic development nexus, impediments to trade, and contemporary issues of international trade. In this book, notwithstanding the benefits from trade liberalisation, the author shows that African trade as a share of global trade has remained flat at 3% as in 1975, while the continent’s exports have remained raw materials and its intra-regional trade at less than 15% of total trade, which is the lowest in the world (UNCTAD, 2020). With respect to key economic development indicators such as economic growth, poverty levels, and employment levels, this book shows that, ironically and in direct contrast with the conventional views that trade liberalisation alleviates poverty, trade liberalisation in Africa has resulted in high levels of unemployment and low economic growth which ultimately lead to increased poverty. In addition, this book provides a detailed analysis of why trade liberalisation has failed to yield meaningful benefits to Africa. The binding constraints and blockages which prevent positive spin-offs on trade liberalisation in Africa are discussed in detail in this book. In the same vein, the author provides practical strategies which must be adopted by African countries in order to gain from trade liberalisation, making this work a must-read for African governments, academia, trade experts, regional trading blocs, the World Trade Organization, and development partners. In view of this, and as part of the disruptive and structural transformation policies, the author discusses case studies and international experience contextualised to Africa as well as strategies for addressing the trade-related infrastructure gap, production capacities, export promotion, and aid for trade.