Export Diversification in Bangladesh: Overcoming Policy Impediments

IF 4.5 3区经济学 Q1 ECONOMICS

Asian Economic Policy Review Pub Date : 2024-08-06 DOI:10.1111/aepr.12487

Edimon Ginting, Mohammad Abdur Razzaque, Rana Hasan

引用次数: 0

Abstract

Despite substantial socio‐economic progress driven by the readymade garment (RMG) industry, Bangladesh faces a severe export concentration due to its heavy reliance on a single export sector. This present paper examines the policy barriers hindering export diversification in Bangladesh and suggests measures to tackle the problem. It highlights that excessive tariff protection has favored import‐competing sectors creating an anti‐export bias. To promote export diversification, Bangladesh must implement effective tariff rationalization measures to address the policy‐induced disincentives for exports. Additionally, attracting foreign direct investment, improving the investment climate, and addressing infrastructural and logistical challenges are crucial for enhancing the non‐RMG export response.

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孟加拉国的出口多样化：克服政策障碍

尽管孟加拉国在成衣业的推动下取得了巨大的社会经济进步，但由于严重依赖单一出口部门，孟加拉国面临着严重的出口集中问题。本文探讨了阻碍孟加拉国出口多样化的政策障碍，并提出了解决问题的措施。本文强调，过度的关税保护有利于进口竞争部门，造成了反出口偏见。为促进出口多样化，孟加拉国必须实施有效的关税合理化措施，以解决政策导致的出口抑制因素。此外，吸引外国直接投资、改善投资环境、应对基础设施和物流挑战，对于加强非橡胶和成衣出口反应至关重要。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Asian Economic Policy Review ECONOMICS-

CiteScore

12.90

自引率

2.60%

发文量

期刊介绍： The goal of the Asian Economic Policy Review is to become an intellectual voice on the current issues of international economics and economic policy, based on comprehensive and in-depth analyses, with a primary focus on Asia. Emphasis is placed on identifying key issues at the time - spanning international trade, international finance, the environment, energy, the integration of regional economies and other issues - in order to furnish ideas and proposals to contribute positively to the policy debate in the region.