Since 2014
Trade Liberalization and Its Effects on the Economic Growth of Bangladesh: An Empirical Analysis
American Journal of Trade and Policy
View Archive Info| Field | Value | |
| Title |
Trade Liberalization and Its Effects on the Economic Growth of Bangladesh: An Empirical Analysis
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| Creator |
Majumder, Shapan Chandra; PhD Fellow, School of Economics, Shandong University, Shandong, CHINA; & Assistant Professor, Department of Economics, Comilla University, BANGLADESH Rana, Md. Masud; Lecturer, Department of Business Administration, Z.H. Sikdar University of Science and Technology, Kartikpur, Shariatpur, BANGLADESH |
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| Subject |
Trade Policy, Trade Liberalization, Export, Import, Bangladesh
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| Description |
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.
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| Publisher |
Asian Business Consortium
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| Contributor |
—
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| Date |
2016-04-28
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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| Format |
application/pdf
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| Identifier |
http://journals.abc.us.org/index.php/ajtp/article/view/841
10.18034/ajtp.v3i1.841 |
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| Source |
American Journal of Trade and Policy; Vol 3, No 1 (2016): 7th Issue; 7 - 16
2313-4755 2313-4747 |
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| Language |
eng
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| Relation |
http://journals.abc.us.org/index.php/ajtp/article/view/841/660
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| Rights |
Copyright (c) 2016 Shapan Chandra Majumder, Md. Masud Rana
http://creativecommons.org/licenses/by-nc/4.0 |
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