Publication |
2011.
|
Summary/Abstract |
Bangladesh deliberately pursued protectionist economic and trade policy in its early years. However, the country changed the direction shortly after the abrupt political change during mid-seventies and followed the course of reforms in the subsequent years. Although the ice-breaking was quite slow, the reform processes accelerated in the early nineties that resulted many important policy changes. Since then, Bangladesh put its best effort to go with the pace of globalisation and moved rapidly to dismantle the earlier protectionist image of the country. The paper mainly focuses on how Bangladesh persistently adopted the reform measures in the trade policy and gradually approached towards the agendas. It illustrates the changes made to some key trade policy areas, including import and export regimes, exchange rate policy, industrial policy, monetary and fiscal policies, etc.
|