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Trade Benefits for Least Developed Countries: the Bangladesh Case Market Access Initiatives, Limitations and Policy Recommendations

Author

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  • Mustafizur Rahman

Abstract

Global evidence suggests that trade-related performance is becoming increasingly important for the socio-economic development of many developing countries. The paper finds that trade preferences accorded to Bangladesh as an LDC have played a crucial role in recent accelerated development of her economy and her significant achievements in trade and social sectors. The paper highlights the concerns that emanate from the trade preferences and proposes ways to make these more effective and beneficial for the LDCs. It concludes that Bangladesh will need to build the needed supply-side capacities and undertake necessary reforms to realize the potential opportunities provided by preferential market access.

Suggested Citation

  • Mustafizur Rahman, 2014. "Trade Benefits for Least Developed Countries: the Bangladesh Case Market Access Initiatives, Limitations and Policy Recommendations," CDP Background Papers 018, United Nations, Department of Economics and Social Affairs.
  • Handle: RePEc:une:cpaper:018
    as

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    File URL: http://www.un.org/en/development/desa/policy/cdp/cdp_background_papers/bp2014_18.pdf
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    References listed on IDEAS

    as
    1. Mustafizur Rahman & Wasel Bin Shadat, 2005. "NAMA Negotiations in the WTO and Preference Erosion: Concerns of Bangladesh and Other Regional LDCs," CPD Working Paper 51, Centre for Policy Dialogue (CPD).
    2. Mustafizur Rahman & Wasel Bin Shadat, 2006. "NAMA Negotiations in the WTO and Preference Erosion," South Asia Economic Journal, Institute of Policy Studies of Sri Lanka, vol. 7(2), pages 179-203, September.
    3. Debapriya Bhattacharya & Mustafizur Rahman, 2000. "Experience With Implementation Of Wto-Atc And Implications For Bangladesh," CPD Working Paper 7, Centre for Policy Dialogue (CPD).
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Giovanna Andrea Cornia & Antonio Scognamillo, 2016. "Clusters of Least Developed Countries, their evolution between 1993 and 2013, and policies to expand their productive capacity," CDP Background Papers 033, United Nations, Department of Economics and Social Affairs.
    2. Ana Luiza Cortez & Ian Kinniburgh & Rolland Mollerus, 2014. "Accelerating Development in the Least Developed Countries through International Support Measures: Findings from Country Case Studies," CDP Background Papers 022, United Nations, Department of Economics and Social Affairs.
    3. Sytsma, Tobias, 2019. "Rules of Origin Liberalization with Multi-Product Firms: Theory and Evidence from Bangladeshi Apparel Exporters," MPRA Paper 95956, University Library of Munich, Germany.
    4. Khondaker Golam Moazzem & Farzana Sehrin, 2016. "Economic Upgrading in Bangladesh’s Apparel Value Chain during the Post-MFA Period," South Asia Economic Journal, Institute of Policy Studies of Sri Lanka, vol. 17(1), pages 73-93, March.

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    More about this item

    Keywords

    Preferential Schemes; Market Access; Aid for Trade; LDCs; Multilateral Trading System;
    All these keywords.

    JEL classification:

    • F1 - International Economics - - Trade
    • F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance
    • F6 - International Economics - - Economic Impacts of Globalization

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