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The Trade Liberalisation process and the Structure of Protection in Bangladesh

Mahmood, Muhammad (2008) The Trade Liberalisation process and the Structure of Protection in Bangladesh. Journal of International Marketing and Marketing Research , 33 (2). pp. 59-74. ISSN 1010-7347

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Abstract

There has been a significant shift in trade policy orientation in Bangladesh over the last two decades. A dirigiste policy orientation has gradually been replaced by a more outward oriented economic policy. In line with such policy orientation, a series of trade liberalisation measures has been introduced marked by occasional reversals in the policy direction. Tariffs still remain the main instrument of protection for import competing industries while export oriented industries are accorded various forms of subsidy. While any direct involvement of the government in trade has been reduced, there still exist significant regulatory controls and administrative discretions in influencing the flow of imports. The paper argues that a more uniform incentive structure will enable the country to adjust to the changing global economic environment and help expand its production and export base.

Item Type: Article
Uncontrolled Keywords: ResPubID15238, trade policy orientation, Bangladesh, economic policy, trade liberalisation measures, tariffs, protection for import industries, export industries, regulatory controls, administrative discretions, import flow, uniform incentive structure
Subjects: Faculty/School/Research Centre/Department > Faculty of Business and Law
Faculty/School/Research Centre/Department > School of Economics and Finance
FOR Classification > 1402 Applied Economics
SEO Classification > 9103 International Trade
Depositing User: VUIR
Date Deposited: 06 Sep 2011 04:28
Last Modified: 06 Sep 2011 04:28
URI: http://vuir.vu.edu.au/id/eprint/3807
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