Bangladesh and SAARC Countries: Bilateral Trade and Flaring of Economic Cooperation

IF 1 Q3 ECONOMICS

Etikonomi Pub Date : 2022-06-24 DOI:10.15408/etk.v21i2.24353

Md. Abu Issa Gazi, Abdullah Al Masud, Rezuan Ahmed Shuvro, Abu Ishaque Hossain, Muhammad Khalilur Rahman

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引用次数: 4

Abstract

The primary purpose of this study is to observe the economic andinternational trade relationships between Bangladesh and SAARCcountries during the Fiscal Years 2015-2016 to 2020-2021. Thisresearch uses panel data to examine the relationship betweenthe nature and direction of exports and economic growth.The researcher found that economic cooperation with SAARCcountries impacted economic growth, but there was insufficientexport adaptation. The study also showed that economic relationshave strengthened in recent epochs, and bilateral trade hasincreased compared to previous years with SAARC countries.The obtained results also showed that Bangladesh has sufferedfrom a long-standing trade imbalance with India and is in agood position with Afghanistan, Sri Lanka, Bhutan, Maldives,Nepal, and Pakistan. Our findings are beneficial for internationaltrade stakeholders and suggest that steps should be taken toincrease exports to reduce the trade deficit. Concern authoritiesshould be more aware of the expansion of trade facilitation andinfrastructure development.JEL Classification: F5, F18, F23, F50, M16

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孟加拉国与南盟国家：双边贸易与经济合作的繁荣

本研究的主要目的是观察2015-2016财年至2020-2021财年孟加拉国与南盟国家之间的经济和国际贸易关系。本研究使用面板数据来检验出口的性质和方向与经济增长之间的关系。研究人员发现，与南盟国家的经济合作影响了经济增长，但出口适应能力不足。研究还表明，近年来，与南盟国家的经济关系有所加强，双边贸易也比前几年有所增加。研究结果还表明，孟加拉国与印度长期存在贸易不平衡，与阿富汗、斯里兰卡、不丹、马尔代夫、尼泊尔和巴基斯坦处于有利地位。我们的研究结果对国际贸易利益相关者有利，并建议应采取措施增加出口以减少贸易赤字。有关部门应更多地意识到贸易便利化的扩大和结构的发展。JEL分类：F5、F18、F23、F50、M16

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来源期刊

Etikonomi ECONOMICS-

自引率

12.50%

发文量

审稿时长

12 weeks