Bangladesh : Improving Competitiveness through Trade Policy Reforms
In an increasingly competitive, globalizing world, Bangladesh needs to rationalize its tariff structure and lower overall protection so that its exports can compete in world markets. At the same time, the government needs to protect revenues in a...
| Main Author: | |
|---|---|
| Format: | Foreign Trade, FDI, and Capital Flows Study |
| Language: | English |
| Published: |
Washington, DC
2012
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2007/05/16267505/bangladesh-improving-competitiveness-through-trade-policy-reforms http://hdl.handle.net/10986/8095 |
| id |
okr-10986-8095 |
|---|---|
| recordtype |
oai_dc |
| spelling |
okr-10986-80952021-04-23T14:02:36Z Bangladesh : Improving Competitiveness through Trade Policy Reforms World Bank CD CDS COMPETITIVENESS CONSUMER GOODS CONSUMERS CUSTOMS CUSTOMS DUTIES CUSTOMS DUTY CUSTOMS REVENUE DEVELOPING COUNTRIES DOMESTIC INDUSTRIES DOMESTIC TAXES ECONOMIC EFFICIENCY ELASTICITY EXCHANGE RATE EXCHANGE RATE SYSTEM EXPENDITURES EXPORT BASKETS EXPORT BIAS EXPORT GROWTH EXPORTS FINAL GOODS GDP GLOBAL COMPETITION GLOBAL MARKET IMPORT DUTIES IMPORT DUTY IMPORT REGIME IMPORT SUBSTITUTION IMPORTS INCOME TAX INDIRECT TAXES INFRASTRUCTURE DEVELOPMENT INTERNATIONAL MARKETS LEVIES PROTECTION CAN PROTECTIONIST PROTECTIVE TARIFFS QUANTITATIVE RESTRICTIONS RATES OF PROTECTION TARIFF CHANGES TARIFF PROTECTION TARIFF REDUCTION TARIFF STRUCTURE TAX TAX BASE TAX EXEMPTIONS TAX EXPENDITURES TAX RATES TRADE LIBERALIZATION TRADE POLICY TRADE POLICY REFORM TRADE POLICY REFORMS TRADE PROTECTION TRADE REGIME WORLD MARKETS In an increasingly competitive, globalizing world, Bangladesh needs to rationalize its tariff structure and lower overall protection so that its exports can compete in world markets. At the same time, the government needs to protect revenues in a fiscally-constrained year. This note proposes a package of tariff reforms that simplifies the rate structure, lowers average nominal protection, improves economic efficiency and is virtually revenue neutral. Adverse revenue impact, if there are any, could be addressed by strengthening the large taxpayers units, reducing the numerous exemptions in value-added tax (VAT), and expanding the tax base. 2012-06-14T20:28:42Z 2012-06-14T20:28:42Z 2007-05 http://documents.worldbank.org/curated/en/2007/05/16267505/bangladesh-improving-competitiveness-through-trade-policy-reforms http://hdl.handle.net/10986/8095 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Foreign Trade, FDI, and Capital Flows Study Economic & Sector Work South Asia Bangladesh |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
CD CDS COMPETITIVENESS CONSUMER GOODS CONSUMERS CUSTOMS CUSTOMS DUTIES CUSTOMS DUTY CUSTOMS REVENUE DEVELOPING COUNTRIES DOMESTIC INDUSTRIES DOMESTIC TAXES ECONOMIC EFFICIENCY ELASTICITY EXCHANGE RATE EXCHANGE RATE SYSTEM EXPENDITURES EXPORT BASKETS EXPORT BIAS EXPORT GROWTH EXPORTS FINAL GOODS GDP GLOBAL COMPETITION GLOBAL MARKET IMPORT DUTIES IMPORT DUTY IMPORT REGIME IMPORT SUBSTITUTION IMPORTS INCOME TAX INDIRECT TAXES INFRASTRUCTURE DEVELOPMENT INTERNATIONAL MARKETS LEVIES PROTECTION CAN PROTECTIONIST PROTECTIVE TARIFFS QUANTITATIVE RESTRICTIONS RATES OF PROTECTION TARIFF CHANGES TARIFF PROTECTION TARIFF REDUCTION TARIFF STRUCTURE TAX TAX BASE TAX EXEMPTIONS TAX EXPENDITURES TAX RATES TRADE LIBERALIZATION TRADE POLICY TRADE POLICY REFORM TRADE POLICY REFORMS TRADE PROTECTION TRADE REGIME WORLD MARKETS |
| spellingShingle |
CD CDS COMPETITIVENESS CONSUMER GOODS CONSUMERS CUSTOMS CUSTOMS DUTIES CUSTOMS DUTY CUSTOMS REVENUE DEVELOPING COUNTRIES DOMESTIC INDUSTRIES DOMESTIC TAXES ECONOMIC EFFICIENCY ELASTICITY EXCHANGE RATE EXCHANGE RATE SYSTEM EXPENDITURES EXPORT BASKETS EXPORT BIAS EXPORT GROWTH EXPORTS FINAL GOODS GDP GLOBAL COMPETITION GLOBAL MARKET IMPORT DUTIES IMPORT DUTY IMPORT REGIME IMPORT SUBSTITUTION IMPORTS INCOME TAX INDIRECT TAXES INFRASTRUCTURE DEVELOPMENT INTERNATIONAL MARKETS LEVIES PROTECTION CAN PROTECTIONIST PROTECTIVE TARIFFS QUANTITATIVE RESTRICTIONS RATES OF PROTECTION TARIFF CHANGES TARIFF PROTECTION TARIFF REDUCTION TARIFF STRUCTURE TAX TAX BASE TAX EXEMPTIONS TAX EXPENDITURES TAX RATES TRADE LIBERALIZATION TRADE POLICY TRADE POLICY REFORM TRADE POLICY REFORMS TRADE PROTECTION TRADE REGIME WORLD MARKETS World Bank Bangladesh : Improving Competitiveness through Trade Policy Reforms |
| geographic_facet |
South Asia Bangladesh |
| description |
In an increasingly competitive,
globalizing world, Bangladesh needs to rationalize its
tariff structure and lower overall protection so that its
exports can compete in world markets. At the same time, the
government needs to protect revenues in a
fiscally-constrained year. This note proposes a package of
tariff reforms that simplifies the rate structure, lowers
average nominal protection, improves economic efficiency and
is virtually revenue neutral. Adverse revenue impact, if
there are any, could be addressed by strengthening the large
taxpayers units, reducing the numerous exemptions in
value-added tax (VAT), and expanding the tax base. |
| format |
Economic & Sector Work :: Foreign Trade, FDI, and Capital Flows Study |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Bangladesh : Improving Competitiveness through Trade Policy Reforms |
| title_short |
Bangladesh : Improving Competitiveness through Trade Policy Reforms |
| title_full |
Bangladesh : Improving Competitiveness through Trade Policy Reforms |
| title_fullStr |
Bangladesh : Improving Competitiveness through Trade Policy Reforms |
| title_full_unstemmed |
Bangladesh : Improving Competitiveness through Trade Policy Reforms |
| title_sort |
bangladesh : improving competitiveness through trade policy reforms |
| publisher |
Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2007/05/16267505/bangladesh-improving-competitiveness-through-trade-policy-reforms http://hdl.handle.net/10986/8095 |
| _version_ |
1764403773403299840 |