Globalization of Bangladesh Economy: Trade, Financial and Investment Issues
Munim Kumar Barai.
Md. Liakat Hossain Moral
Journal of Business Research, vol. 2, 1999
Summary:
This paper examines some of the sectors of the economy of Bangladesh in the context of globalization since the change of the first government of the independent of Bangladesh. Actually Bangladesh has undertaken a wide range of reforms to open the economy in the areas of trade, finance and investment.
The globalization efforts in these areas have produced some positive results. But in the overall assessment Bangladesh seems to have opened her too fast and too much; so import is growing much faster than export. In the financial sector foreign and local private banks and non-bank financial institutions are doing business profitably but playing little role in the financing development projects. The NCBs are also losing their market share in terms of deposits taking. FDI has so far not responded well to the openness and incentive measures offered by Bangladesh.
Md. Liakat Hossain Moral
Journal of Business Research, vol. 2, 1999
Summary:
This paper examines some of the sectors of the economy of Bangladesh in the context of globalization since the change of the first government of the independent of Bangladesh. Actually Bangladesh has undertaken a wide range of reforms to open the economy in the areas of trade, finance and investment.
The globalization efforts in these areas have produced some positive results. But in the overall assessment Bangladesh seems to have opened her too fast and too much; so import is growing much faster than export. In the financial sector foreign and local private banks and non-bank financial institutions are doing business profitably but playing little role in the financing development projects. The NCBs are also losing their market share in terms of deposits taking. FDI has so far not responded well to the openness and incentive measures offered by Bangladesh.

