Unlocking Bangladesh-India Trade : Emerging Potential and the Way Forward

The primary objective of this study is to analyze the impact on Bangladesh of increased market access in India, both within a static production structure and also identifying dynamic gains. The study shows that Bangladesh and India would both gain...

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Main Authors: De, Prabir, Raihan, Selim, Kathuria, Sanjay
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2012
Subjects:
AIR
GDP
TAX
WTO
Online Access:http://documents.worldbank.org/curated/en/2012/08/16563734/unlocking-bangladesh-india-trade-emerging-potential-way-forward
http://hdl.handle.net/10986/11996
id okr-10986-11996
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ADMINISTRATIVE PROCEDURES
AGRICULTURE
AIR
AIR TRANSPORT
AIRPORTS
ANTI-DUMPING MEASURES
APPAREL
AUTOMOBILES
BARRIERS TO TRADE
BASE YEAR
BASKET OF GOODS
BENEFITS OF TRADE
BILATERAL COOPERATION
BILATERAL FREE TRADE AGREEMENT
BILATERAL TRADE
BILATERAL TRADE BARRIERS
BONDS
BORDER CROSSINGS
BORDER INFRASTRUCTURE
BOTTLENECKS
CASE-BY-CASE BASIS
CONGESTION
CONSUMER PROTECTION
CONSUMERS
CONTROL OF CORRUPTION
COUNTERVAILING MEASURES
COUNTRY OF ORIGIN
CROSS-BORDER TRANSACTIONS
CROSSING
CURRENT ACCOUNT
CURRENT ACCOUNT DEFICIT
CUSTOMS
CUSTOMS AUTHORITIES
DEVELOPED COUNTRIES
DEVELOPING COUNTRIES
DEVELOPMENT POLICY
DRIVERS
DRIVING
DUMPING
ECONOMIC COOPERATION
ECONOMIC POLICY
ECONOMIC RELATIONS
ECONOMIC SIZE
ECONOMIES OF SCALE
EFFICIENT TRANSPORTATION
EXOGENOUS VARIABLES
EXPORT BASKET
EXPORT DYNAMISM
EXPORT PRICES
EXPORT PRODUCTS
EXPORT STRUCTURES
EXPORT SUPPLY
EXPORTERS
EXPORTING COUNTRY
EXPORTS
FACTOR ENDOWMENTS
FACTORS OF PRODUCTION
FINANCIAL SERVICES
FOREIGN CAPITAL
FOREIGN COMPETITION
FOREIGN DIRECT INVESTMENT
FOREIGN EXCHANGE
FOREIGN FIRMS
FOREIGN INVESTMENT
FREE ACCESS
FREE MARKET ACCESS
FREE TRADE
GDP
GDP PER CAPITA
GENERAL EQUILIBRIUM MODEL
GLOBAL COMPUTABLE GENERAL EQUILIBRIUM
GLOBAL ECONOMY
GLOBAL EXPORTS
GLOBAL TRADE
GLOBAL TRADE ANALYSIS
GRAVITY ESTIMATES
GRAVITY MODEL
GRAVITY MODELS
GROWTH POTENTIAL
IMPACT OF TRADE
IMPORT COMPETITION
IMPORTING COUNTRIES
IMPORTING COUNTRY
IMPORTS
INDUSTRY TRADE
INFRASTRUCTURE DEVELOPMENT
INFRASTRUCTURE INVESTMENT
INSPECTION
INTEGRATION OF TRANSPORTATION
INTERNATIONAL BANK
INTERNATIONAL TRADE
INVESTMENT FLOWS
JOINT VENTURE
LDCS
LETTERS OF CREDIT
MARKET ACCESS
MARKET STRUCTURE
MEASURE OF TRADE
METAL PRODUCTS
MINISTERIAL MEETING
MOTOR VEHICLES
MULTILATERAL LIBERALIZATION
MULTILATERAL TRADE
MUTUAL RECOGNITION
NON-TARIFF BARRIERS
PATTERNS OF TRADE
POLICY MAKERS
POLICY RESEARCH
PORT SERVICES
PREFERENTIAL TRADE
PREFERENTIAL TRADE ARRANGEMENTS
PRODUCT DIFFERENTIATION
PRODUCTION PROCESS
PROTECTIONIST
PROTECTIONISTS
RAIL
RAILROADS
RAILWAY
REAL INCOME
REGIONAL INTEGRATION
REGIONAL TRADE
REGIONAL TRANSIT
REGIONALISM
REGULATORY BARRIERS
ROAD
ROAD HAULAGE
RULES OF ORIGIN
SCALE EFFECTS
STATIC ANALYSIS
TARIFF BARRIERS
TARIFF CONCESSIONS
TARIFF PREFERENCES
TARIFF QUOTAS
TARIFF REDUCTION
TAX
TECHNICAL BARRIERS
TECHNOLOGY TRANSFER
TERMS OF TRADE
TOURISM
TRADE BARRIERS
TRADE COMPETITIVENESS
TRADE COSTS
TRADE CREATION
TRADE DATA
TRADE DIVERSION
TRADE DIVERSION COSTS
TRADE DIVERSION EFFECT
TRADE EXPANSION
TRADE FACILITATION
TRADE FLOWS
TRADE IN GOODS
TRADE IN SERVICES
TRADE INTENSITY
TRADE LIBERALIZATION
TRADE LOGISTICS
TRADE PARTNERS
TRADE PATTERNS
TRADE POLICIES
TRADE REFORMS
TRADE REGIME
TRADE RELATIONSHIP
TRADE REMEDIES
TRADE TRANSACTION
TRADE VOLUME
TRADING SYSTEMS
TRAM
TRANSFER OF TECHNOLOGY
TRANSIT
TRANSIT SYSTEM
TRANSPARENCY
TRANSPORT
TRANSPORT COSTS
TRANSPORT EQUIPMENT
TRANSPORT FACILITATION
TRANSPORTATION NETWORKS
TRANSPORTATION OPTIONS
UNILATERAL LIBERALIZATION
UNILATERAL TRADE
UNILATERAL TRADE LIBERALIZATION
VEHICLES
VERTICAL SPECIALIZATION
WELFARE GAINS
WELFARE LOSS
WELFARE LOSSES
WORLD MARKET
WORLD PRICES
WORLD TRADE
WTO
spellingShingle ADMINISTRATIVE PROCEDURES
AGRICULTURE
AIR
AIR TRANSPORT
AIRPORTS
ANTI-DUMPING MEASURES
APPAREL
AUTOMOBILES
BARRIERS TO TRADE
BASE YEAR
BASKET OF GOODS
BENEFITS OF TRADE
BILATERAL COOPERATION
BILATERAL FREE TRADE AGREEMENT
BILATERAL TRADE
BILATERAL TRADE BARRIERS
BONDS
BORDER CROSSINGS
BORDER INFRASTRUCTURE
BOTTLENECKS
CASE-BY-CASE BASIS
CONGESTION
CONSUMER PROTECTION
CONSUMERS
CONTROL OF CORRUPTION
COUNTERVAILING MEASURES
COUNTRY OF ORIGIN
CROSS-BORDER TRANSACTIONS
CROSSING
CURRENT ACCOUNT
CURRENT ACCOUNT DEFICIT
CUSTOMS
CUSTOMS AUTHORITIES
DEVELOPED COUNTRIES
DEVELOPING COUNTRIES
DEVELOPMENT POLICY
DRIVERS
DRIVING
DUMPING
ECONOMIC COOPERATION
ECONOMIC POLICY
ECONOMIC RELATIONS
ECONOMIC SIZE
ECONOMIES OF SCALE
EFFICIENT TRANSPORTATION
EXOGENOUS VARIABLES
EXPORT BASKET
EXPORT DYNAMISM
EXPORT PRICES
EXPORT PRODUCTS
EXPORT STRUCTURES
EXPORT SUPPLY
EXPORTERS
EXPORTING COUNTRY
EXPORTS
FACTOR ENDOWMENTS
FACTORS OF PRODUCTION
FINANCIAL SERVICES
FOREIGN CAPITAL
FOREIGN COMPETITION
FOREIGN DIRECT INVESTMENT
FOREIGN EXCHANGE
FOREIGN FIRMS
FOREIGN INVESTMENT
FREE ACCESS
FREE MARKET ACCESS
FREE TRADE
GDP
GDP PER CAPITA
GENERAL EQUILIBRIUM MODEL
GLOBAL COMPUTABLE GENERAL EQUILIBRIUM
GLOBAL ECONOMY
GLOBAL EXPORTS
GLOBAL TRADE
GLOBAL TRADE ANALYSIS
GRAVITY ESTIMATES
GRAVITY MODEL
GRAVITY MODELS
GROWTH POTENTIAL
IMPACT OF TRADE
IMPORT COMPETITION
IMPORTING COUNTRIES
IMPORTING COUNTRY
IMPORTS
INDUSTRY TRADE
INFRASTRUCTURE DEVELOPMENT
INFRASTRUCTURE INVESTMENT
INSPECTION
INTEGRATION OF TRANSPORTATION
INTERNATIONAL BANK
INTERNATIONAL TRADE
INVESTMENT FLOWS
JOINT VENTURE
LDCS
LETTERS OF CREDIT
MARKET ACCESS
MARKET STRUCTURE
MEASURE OF TRADE
METAL PRODUCTS
MINISTERIAL MEETING
MOTOR VEHICLES
MULTILATERAL LIBERALIZATION
MULTILATERAL TRADE
MUTUAL RECOGNITION
NON-TARIFF BARRIERS
PATTERNS OF TRADE
POLICY MAKERS
POLICY RESEARCH
PORT SERVICES
PREFERENTIAL TRADE
PREFERENTIAL TRADE ARRANGEMENTS
PRODUCT DIFFERENTIATION
PRODUCTION PROCESS
PROTECTIONIST
PROTECTIONISTS
RAIL
RAILROADS
RAILWAY
REAL INCOME
REGIONAL INTEGRATION
REGIONAL TRADE
REGIONAL TRANSIT
REGIONALISM
REGULATORY BARRIERS
ROAD
ROAD HAULAGE
RULES OF ORIGIN
SCALE EFFECTS
STATIC ANALYSIS
TARIFF BARRIERS
TARIFF CONCESSIONS
TARIFF PREFERENCES
TARIFF QUOTAS
TARIFF REDUCTION
TAX
TECHNICAL BARRIERS
TECHNOLOGY TRANSFER
TERMS OF TRADE
TOURISM
TRADE BARRIERS
TRADE COMPETITIVENESS
TRADE COSTS
TRADE CREATION
TRADE DATA
TRADE DIVERSION
TRADE DIVERSION COSTS
TRADE DIVERSION EFFECT
TRADE EXPANSION
TRADE FACILITATION
TRADE FLOWS
TRADE IN GOODS
TRADE IN SERVICES
TRADE INTENSITY
TRADE LIBERALIZATION
TRADE LOGISTICS
TRADE PARTNERS
TRADE PATTERNS
TRADE POLICIES
TRADE REFORMS
TRADE REGIME
TRADE RELATIONSHIP
TRADE REMEDIES
TRADE TRANSACTION
TRADE VOLUME
TRADING SYSTEMS
TRAM
TRANSFER OF TECHNOLOGY
TRANSIT
TRANSIT SYSTEM
TRANSPARENCY
TRANSPORT
TRANSPORT COSTS
TRANSPORT EQUIPMENT
TRANSPORT FACILITATION
TRANSPORTATION NETWORKS
TRANSPORTATION OPTIONS
UNILATERAL LIBERALIZATION
UNILATERAL TRADE
UNILATERAL TRADE LIBERALIZATION
VEHICLES
VERTICAL SPECIALIZATION
WELFARE GAINS
WELFARE LOSS
WELFARE LOSSES
WORLD MARKET
WORLD PRICES
WORLD TRADE
WTO
De, Prabir
Raihan, Selim
Kathuria, Sanjay
Unlocking Bangladesh-India Trade : Emerging Potential and the Way Forward
geographic_facet South Asia
Bangladesh
India
relation Policy Research working paper;no. 6155
description The primary objective of this study is to analyze the impact on Bangladesh of increased market access in India, both within a static production structure and also identifying dynamic gains. The study shows that Bangladesh and India would both gain by opening up their markets to each other. Indian investments in Bangladesh will be very important for the latter to ramp up its exports, including products that would broaden trade complementarity and enhance intra-industry trade, and improve its trade standards and trade-handling capacity. A bilateral Free Trade Agreement would lift Bangladesh's exports to India by 182 percent, and nearly 300 percent if transaction costs were also reduced through improved connectivity. These numbers, based on existing trade patterns, represent a lower bound of the potential increase in Bangladesh's exports arising from a Free Trade Agreement. A Free Trade Agreement would also raise India's exports to Bangladesh. India's provision of duty-free access for all Bangladeshi products (already done) could increase the latter's exports to India by 134 percent. In helping Bangladesh's economy to grow, India would stimulate economic activity in its own eastern and north-eastern states. Challenges exist, however, including non-tariff measures/barriers in both countries, excessive bureaucracy, weak trade facilitation, and customs inefficiencies. Trade in education and health care services offers valuable prospects, but also suffers from market access issues. To enable larger gains, Bangladesh-India cooperation should go beyond goods trade and include investment, finance, services trade, trade facilitation, and technology transfer, and be placed within the context of regional cooperation.
format Publications & Research :: Policy Research Working Paper
author De, Prabir
Raihan, Selim
Kathuria, Sanjay
author_facet De, Prabir
Raihan, Selim
Kathuria, Sanjay
author_sort De, Prabir
title Unlocking Bangladesh-India Trade : Emerging Potential and the Way Forward
title_short Unlocking Bangladesh-India Trade : Emerging Potential and the Way Forward
title_full Unlocking Bangladesh-India Trade : Emerging Potential and the Way Forward
title_fullStr Unlocking Bangladesh-India Trade : Emerging Potential and the Way Forward
title_full_unstemmed Unlocking Bangladesh-India Trade : Emerging Potential and the Way Forward
title_sort unlocking bangladesh-india trade : emerging potential and the way forward
publisher World Bank, Washington, DC
publishDate 2012
url http://documents.worldbank.org/curated/en/2012/08/16563734/unlocking-bangladesh-india-trade-emerging-potential-way-forward
http://hdl.handle.net/10986/11996
_version_ 1764418672258973696
spelling okr-10986-119962021-04-23T14:02:58Z Unlocking Bangladesh-India Trade : Emerging Potential and the Way Forward De, Prabir Raihan, Selim Kathuria, Sanjay ADMINISTRATIVE PROCEDURES AGRICULTURE AIR AIR TRANSPORT AIRPORTS ANTI-DUMPING MEASURES APPAREL AUTOMOBILES BARRIERS TO TRADE BASE YEAR BASKET OF GOODS BENEFITS OF TRADE BILATERAL COOPERATION BILATERAL FREE TRADE AGREEMENT BILATERAL TRADE BILATERAL TRADE BARRIERS BONDS BORDER CROSSINGS BORDER INFRASTRUCTURE BOTTLENECKS CASE-BY-CASE BASIS CONGESTION CONSUMER PROTECTION CONSUMERS CONTROL OF CORRUPTION COUNTERVAILING MEASURES COUNTRY OF ORIGIN CROSS-BORDER TRANSACTIONS CROSSING CURRENT ACCOUNT CURRENT ACCOUNT DEFICIT CUSTOMS CUSTOMS AUTHORITIES DEVELOPED COUNTRIES DEVELOPING COUNTRIES DEVELOPMENT POLICY DRIVERS DRIVING DUMPING ECONOMIC COOPERATION ECONOMIC POLICY ECONOMIC RELATIONS ECONOMIC SIZE ECONOMIES OF SCALE EFFICIENT TRANSPORTATION EXOGENOUS VARIABLES EXPORT BASKET EXPORT DYNAMISM EXPORT PRICES EXPORT PRODUCTS EXPORT STRUCTURES EXPORT SUPPLY EXPORTERS EXPORTING COUNTRY EXPORTS FACTOR ENDOWMENTS FACTORS OF PRODUCTION FINANCIAL SERVICES FOREIGN CAPITAL FOREIGN COMPETITION FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN FIRMS FOREIGN INVESTMENT FREE ACCESS FREE MARKET ACCESS FREE TRADE GDP GDP PER CAPITA GENERAL EQUILIBRIUM MODEL GLOBAL COMPUTABLE GENERAL EQUILIBRIUM GLOBAL ECONOMY GLOBAL EXPORTS GLOBAL TRADE GLOBAL TRADE ANALYSIS GRAVITY ESTIMATES GRAVITY MODEL GRAVITY MODELS GROWTH POTENTIAL IMPACT OF TRADE IMPORT COMPETITION IMPORTING COUNTRIES IMPORTING COUNTRY IMPORTS INDUSTRY TRADE INFRASTRUCTURE DEVELOPMENT INFRASTRUCTURE INVESTMENT INSPECTION INTEGRATION OF TRANSPORTATION INTERNATIONAL BANK INTERNATIONAL TRADE INVESTMENT FLOWS JOINT VENTURE LDCS LETTERS OF CREDIT MARKET ACCESS MARKET STRUCTURE MEASURE OF TRADE METAL PRODUCTS MINISTERIAL MEETING MOTOR VEHICLES MULTILATERAL LIBERALIZATION MULTILATERAL TRADE MUTUAL RECOGNITION NON-TARIFF BARRIERS PATTERNS OF TRADE POLICY MAKERS POLICY RESEARCH PORT SERVICES PREFERENTIAL TRADE PREFERENTIAL TRADE ARRANGEMENTS PRODUCT DIFFERENTIATION PRODUCTION PROCESS PROTECTIONIST PROTECTIONISTS RAIL RAILROADS RAILWAY REAL INCOME REGIONAL INTEGRATION REGIONAL TRADE REGIONAL TRANSIT REGIONALISM REGULATORY BARRIERS ROAD ROAD HAULAGE RULES OF ORIGIN SCALE EFFECTS STATIC ANALYSIS TARIFF BARRIERS TARIFF CONCESSIONS TARIFF PREFERENCES TARIFF QUOTAS TARIFF REDUCTION TAX TECHNICAL BARRIERS TECHNOLOGY TRANSFER TERMS OF TRADE TOURISM TRADE BARRIERS TRADE COMPETITIVENESS TRADE COSTS TRADE CREATION TRADE DATA TRADE DIVERSION TRADE DIVERSION COSTS TRADE DIVERSION EFFECT TRADE EXPANSION TRADE FACILITATION TRADE FLOWS TRADE IN GOODS TRADE IN SERVICES TRADE INTENSITY TRADE LIBERALIZATION TRADE LOGISTICS TRADE PARTNERS TRADE PATTERNS TRADE POLICIES TRADE REFORMS TRADE REGIME TRADE RELATIONSHIP TRADE REMEDIES TRADE TRANSACTION TRADE VOLUME TRADING SYSTEMS TRAM TRANSFER OF TECHNOLOGY TRANSIT TRANSIT SYSTEM TRANSPARENCY TRANSPORT TRANSPORT COSTS TRANSPORT EQUIPMENT TRANSPORT FACILITATION TRANSPORTATION NETWORKS TRANSPORTATION OPTIONS UNILATERAL LIBERALIZATION UNILATERAL TRADE UNILATERAL TRADE LIBERALIZATION VEHICLES VERTICAL SPECIALIZATION WELFARE GAINS WELFARE LOSS WELFARE LOSSES WORLD MARKET WORLD PRICES WORLD TRADE WTO The primary objective of this study is to analyze the impact on Bangladesh of increased market access in India, both within a static production structure and also identifying dynamic gains. The study shows that Bangladesh and India would both gain by opening up their markets to each other. Indian investments in Bangladesh will be very important for the latter to ramp up its exports, including products that would broaden trade complementarity and enhance intra-industry trade, and improve its trade standards and trade-handling capacity. A bilateral Free Trade Agreement would lift Bangladesh's exports to India by 182 percent, and nearly 300 percent if transaction costs were also reduced through improved connectivity. These numbers, based on existing trade patterns, represent a lower bound of the potential increase in Bangladesh's exports arising from a Free Trade Agreement. A Free Trade Agreement would also raise India's exports to Bangladesh. India's provision of duty-free access for all Bangladeshi products (already done) could increase the latter's exports to India by 134 percent. In helping Bangladesh's economy to grow, India would stimulate economic activity in its own eastern and north-eastern states. Challenges exist, however, including non-tariff measures/barriers in both countries, excessive bureaucracy, weak trade facilitation, and customs inefficiencies. Trade in education and health care services offers valuable prospects, but also suffers from market access issues. To enable larger gains, Bangladesh-India cooperation should go beyond goods trade and include investment, finance, services trade, trade facilitation, and technology transfer, and be placed within the context of regional cooperation. 2012-12-21T19:19:08Z 2012-12-21T19:19:08Z 2012-08 http://documents.worldbank.org/curated/en/2012/08/16563734/unlocking-bangladesh-india-trade-emerging-potential-way-forward http://hdl.handle.net/10986/11996 English en_US Policy Research working paper;no. 6155 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research South Asia Bangladesh India