Impact of Trade Liberalisation On Employment In Bangladesh
Employment is a major concern in the context of trade liberalization. At one level, productive employment is a major route out of poverty, and hence, in a country such as Bangladesh, it should be of an issue of major concern. There is a vast body of literature which shows that trade is good for economic growth which in turn should be good for poverty reduction. However, it is to be noted here that there are a number of assumptions behind this line of causation which may not hold in reality. First, while high rate of economic growth is a necessary condition for poverty reduction, experience has shown that it is not sufficient. The pattern of growth, and in that context, the employment outcome of growth is an important element in determining the poverty reducing outcome of growth. Second, while trade may be good for growth, it does not necessarily imply that trade liberalization per se is good for growth. Indeed, trade liberalization, if pursued without due consideration to the strategic context of a given economy, can have a negative impact on growth itself. Third, the impact of trade liberalization on employment may not always be positive. And if that turns out to be the case in a country like Bangladesh, then one will need to closely examine the related issues.
|Date of creation:||Feb 2012|
|Date of revision:|
|Contact details of provider:|| Postal: JG Crawford Building #13, Asia Pacific School of Economics and Government, Australian National University, ACT 0200|
Web page: http://www.eaber.org
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:eab:laborw:23159. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Shiro Armstrong)
If references are entirely missing, you can add them using this form.