Import and Export Trade Status of Bangladesh and China and its Impact on Economic Growth

Import and Export Trade Status of Bangladesh and China and its Impact on Economic Growth PDF Author: Nasif Ahmed
Publisher: GRIN Verlag
ISBN: 3346501671
Category : Business & Economics
Languages : zh-CN
Pages : 35

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Book Description
Bachelor Thesis from the year 2021 in the subject Business economics - Trade and Distribution, grade: 4.0, , language: Mandarin, abstract: The aim of this study is to examine the relationship between export, import and economic growth between China and Bangladesh. The study is mainly based on secondary sources of data which was collected from various books, journals, research works, publications etc. In this study, an attempt has been made to review the recently available literature related to export, import and economic growth with China-Bangladesh. Bilateral trades between Bangladesh and China have stretched significantly in recent years. Export, import and economic growth are very potential weapons in the economy of Bangladesh. The trade relationship between these two countries is increasing with time again the connection of Silk Road will give more boost to the economy of both the countries. Bangladesh is a developing country; its economy is inflicted by trade deficit from her very inception. In this paper, our objective is to examine and compare the international trade between the two countries, especially, the changes in the bilateral trade and identifying major trends of trade. Every year Bangladesh imports from China were US$10.35 Billion during 2015, according to the United Nations COMTRADE database on international trade. Our findings have been using to locate the strong sectors of future cooperation between these two countries to make the economy stronger and also policy implications for future trade and economic progress.

Import and Export Trade Status of Bangladesh and China and its Impact on Economic Growth

Import and Export Trade Status of Bangladesh and China and its Impact on Economic Growth PDF Author: Nasif Ahmed
Publisher: GRIN Verlag
ISBN: 3346501671
Category : Business & Economics
Languages : zh-CN
Pages : 35

Get Book Here

Book Description
Bachelor Thesis from the year 2021 in the subject Business economics - Trade and Distribution, grade: 4.0, , language: Mandarin, abstract: The aim of this study is to examine the relationship between export, import and economic growth between China and Bangladesh. The study is mainly based on secondary sources of data which was collected from various books, journals, research works, publications etc. In this study, an attempt has been made to review the recently available literature related to export, import and economic growth with China-Bangladesh. Bilateral trades between Bangladesh and China have stretched significantly in recent years. Export, import and economic growth are very potential weapons in the economy of Bangladesh. The trade relationship between these two countries is increasing with time again the connection of Silk Road will give more boost to the economy of both the countries. Bangladesh is a developing country; its economy is inflicted by trade deficit from her very inception. In this paper, our objective is to examine and compare the international trade between the two countries, especially, the changes in the bilateral trade and identifying major trends of trade. Every year Bangladesh imports from China were US$10.35 Billion during 2015, according to the United Nations COMTRADE database on international trade. Our findings have been using to locate the strong sectors of future cooperation between these two countries to make the economy stronger and also policy implications for future trade and economic progress.

China's Changing Trade and the Implications for the CLMV

China's Changing Trade and the Implications for the CLMV PDF Author: Mr.Koshy Mathai
Publisher: International Monetary Fund
ISBN: 1475531710
Category : Business & Economics
Languages : en
Pages : 84

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Book Description
China’s trade patterns are evolving. While it started in light manufacturing and the assembly of more sophisticated products as part of global supply chains, China is now moving up the value chain, “onshoring” the production of higher-value-added upstream products and moving into more sophisticated downstream products as well. At the same time, with its wages rising, it has started to exit some lower-end, more labor-intensive sectors. These changes are taking place in the broader context of China’s rebalancing—away from exports and toward domestic demand, and within the latter, away from investment and toward consumption—and as a consequence, demand for some commodity imports is slowing, while consumption imports are slowly rising. The evolution of Chinese trade, investment, and consumption patterns offers opportunities and challenges to low-wage, low-income countries, including China’s neighbors in the Mekong region. Cambodia, Lao P.D.R., Myanmar, and Vietnam (the CLMV) are all open economies that are highly integrated with China. Rebalancing in China may mean less of a role for commodity exports from the region, but at the same time, the CLMV’s low labor costs suggest that manufacturing assembly for export could take off as China becomes less competitive, and as China itself demands more consumption items. Labor costs, however, are only part of the story. The CLMV will need to strengthen their infrastructure, education, governance, and trade regimes, and also run sound macro policies in order to capitalize fully on the opportunities presented by China’s transformation. With such policy efforts, the CLMV could see their trade and integration with global supply chains grow dramatically in the coming years.

China's Growing Role in World Trade

China's Growing Role in World Trade PDF Author: Robert C. Feenstra
Publisher: University of Chicago Press
ISBN: 0226239721
Category : Business & Economics
Languages : en
Pages : 603

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Book Description
In less than three decades, China has grown from playing a negligible role in international trade to being one of the world's largest exporters, a substantial importer of raw materials, intermediate outputs, and other goods, and both a recipient and source of foreign investment. Not surprisingly, China's economic dynamism has generated considerable attention and concern in the United States and beyond. While some analysts have warned of the potential pitfalls of China's rise—the loss of jobs, for example—others have highlighted the benefits of new market and investment opportunities for US firms. Bringing together an expert group of contributors, China's Growing Role in World Trade undertakes an empirical investigation of the effects of China's new status. The essays collected here provide detailed analyses of the microstructure of trade, the macroeconomic implications, sector-level issues, and foreign direct investment. This volume's careful examination of micro data in light of established economic theories clarifies a number of misconceptions, disproves some conventional wisdom, and documents data patterns that enhance our understanding of China's trade and what it may mean to the rest of the world.

World Development Report 2020

World Development Report 2020 PDF Author: World Bank
Publisher: World Bank Publications
ISBN: 1464814953
Category : Business & Economics
Languages : en
Pages : 545

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Book Description
Global value chains (GVCs) powered the surge of international trade after 1990 and now account for almost half of all trade. This shift enabled an unprecedented economic convergence: poor countries grew rapidly and began to catch up with richer countries. Since the 2008 global financial crisis, however, the growth of trade has been sluggish and the expansion of GVCs has stalled. Meanwhile, serious threats have emerged to the model of trade-led growth. New technologies could draw production closer to the consumer and reduce the demand for labor. And trade conflicts among large countries could lead to a retrenchment or a segmentation of GVCs. World Development Report 2020: Trading for Development in the Age of Global Value Chains examines whether there is still a path to development through GVCs and trade. It concludes that technological change is, at this stage, more a boon than a curse. GVCs can continue to boost growth, create better jobs, and reduce poverty provided that developing countries implement deeper reforms to promote GVC participation; industrial countries pursue open, predictable policies; and all countries revive multilateral cooperation.

Spillovers from China’s Growth Slowdown and Rebalancing to the ASEAN-5 Economies

Spillovers from China’s Growth Slowdown and Rebalancing to the ASEAN-5 Economies PDF Author: Allan Dizioli
Publisher: International Monetary Fund
ISBN: 1475524269
Category : Business & Economics
Languages : en
Pages : 35

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Book Description
After many years of rapid expansion, China’s growth is slowing to more sustainable levels and is rebalancing, with consumption becoming the main growth driver. This transition is likely to have negative effects on its trading partners in the near term. This paper studies the potential spillovers to the ASEAN-5 economies through trade, commodity prices, and financial markets. It finds that countries with closer trade linkages with China (Malaysia, Singapore, and Thailand) and net commodity exporters (Indonesia and Malaysia) would suffer the largest impact, with growth falling between 0.2 and 0.5 percentage points in response to a decline in China’s growth by 1 percentage point depending on the model used and the nature of the shock. The impact could be larger if China’s slowdown and rebalancing coincides with bouts of global financial volatility. There are also opportunities from China’s rebalancing, both in merchandise and services trade, and there is preliminary evidence that some ASEAN-5 economies are already benefiting from these trends.

China's Engagement with Smaller South Asian Countries

China's Engagement with Smaller South Asian Countries PDF Author: Nilanthi Samaranayake
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description


Trade Patterns and Global Value Chains in East Asia

Trade Patterns and Global Value Chains in East Asia PDF Author: World Trade Organization
Publisher:
ISBN:
Category :
Languages : en
Pages : 128

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Book Description


Income Inequality in China. Development and Underlying Drivers

Income Inequality in China. Development and Underlying Drivers PDF Author: Christian Wagner
Publisher: GRIN Verlag
ISBN: 3346188450
Category : Political Science
Languages : en
Pages : 103

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Book Description
Thesis (M.A.) from the year 2019 in the subject Business economics - Economic Policy, grade: 1,7, University of Bayreuth, language: English, abstract: This thesis aims to shed light to the various characteristics and sources of income inequality in China and thereby demonstrate their interrelations on economic growth using a literature review approach and by examining the impact of differences in the propensity to save among various Chinese income groups. In the course of this, China’s current degree of income inequality is established, while identifying various forces and drivers behind these changes since the economic opening process initiated in 1978. Since adoption of the open-market policy reforms in 1978, China has experienced rapid economic growth. At the same time, its level of income inequality turned from one of the world's most equal to one of the most unequal. During long periods of time China was the country that experienced the fastest increase in income inequality. This bags the question whether income inequality is in fact the causal reason for economic growth or the necessary outcome of it. In the wake of this, income inequality in China has developed into several dimensions of inequality drivers ranging from an extensive urban-rural inequality, cross-regional inequality, inequality of education or wealth inequalities.

The Global Trade Slowdown and Its Implications for Emerging Asia

The Global Trade Slowdown and Its Implications for Emerging Asia PDF Author: Board of Governors of the Federal Reserv
Publisher: Createspace Independent Publishing Platform
ISBN: 9781542904476
Category :
Languages : en
Pages : 34

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Book Description
The global economy is at a critical juncture today. According to the International Monetary Fund's latest World Economic Outlook, global gross domestic product (GDP) is set to grow at only 3.1 percent this year, the lowest rate of growth since the Global Financial Crisis. Investment and productivity remain subdued, despite extremely low and even negative interest rates in many economies. One key aspect of global weakness that is of particular relevance to emerging Asian economies is the sharp slowdown in global trade. This slowdown represents a notable departure from the "normal" times of the past few decades, and is the subject of my remarks today.

Toward New Sources of Competitiveness in Bangladesh

Toward New Sources of Competitiveness in Bangladesh PDF Author: Sanjay Kathuria
Publisher: World Bank Publications
ISBN: 1464806489
Category : Business & Economics
Languages : en
Pages : 165

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Book Description
Bangladesh's ambition is to build on its very solid growth and poverty reduction achievements, and accelerate growth to become a middle income country by 2021, and share prosperity more widely amongst its citizens. This includes one of its greatest development challenges: to provide gainful employment to the over 2 million people that will join the labor force each year over the next decade. Moreover, only 54.1 million of its 94 million working age people are employed. Bangladesh needs to use its labor endowment even more intensively to increase growth and, in turn, to absorb the incoming labor. The Diagnostic Trade Integration Study identifies the following actions centered around four pillars to sustain and accelerate export growth: (1) breaking into new markets through a) better trade logistics to reduce delivery lags; as world markets become more competitive and newer products demand shorter lead times, to generate new sources of competitiveness and thereby enable market diversification; and b) better exploitation of regional trading opportunities in nearby growing and dynamic markets, especially East and South Asia; (2) breaking into new products through a) more neutral and rational trade policy and taxation and bonded warehouse schemes; b) concerted efforts to spur domestic investment and attract foreign direct investment, to contribute to export promotion and diversification, including by easing the energy and land constraints; and c) strategic development and promotion of services trade; (3) improving worker and consumer welfare by a) improving skills and literacy; b) implementing labor and work safety guidelines; and c) making safety nets more effective in dealing with trade shocks; and (4) building a supportive environment, including a) sustaining sound macroeconomic fundamentals; and b) strengthening the institutional capacity for strategic policy making aimed at the objective of international competitiveness to help bring focus and coherence to the government's reform efforts.