The Impact of Trade Liberalization on Economic Performance

Mohammed Shafi Uddin

ISBN 10: 3838346726 / ISBN 13: 9783838346724

Published by LAP LAMBERT Academic Publishing Feb 2010, 2010

About this Item

Neuware -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.Books on Demand GmbH, Überseering 33, 22297 Hamburg 88 pp. Englisch.

Seller Inventory # 9783838346724

Bibliographic Details

• Title: The Impact of Trade Liberalization on Economic Performance
• Publisher: LAP LAMBERT Academic Publishing Feb 2010
• Publication Date: 2010
• Language: English
• ISBN 10: 3838346726
• ISBN 13: 9783838346724
• Binding: Taschenbuch
• Condition: Neu

About this title

Synopsis

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.

About the Author

Mohammed S Uddin, MSc: studied in Development Economics and Policy at the University of Manchester. Currently he is working at the Customs, Excise and VAT Department of the National Board of Revenue, Bangladesh as an Assistant Commissioner. His areas of interest include globalization, inequality, economic growth and income distribution.