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
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.
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Bibliographic Details
| Main Author: |
World Bank |
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| Language: | English |
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| Published: |
Washington, DC
2007-05
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| Subjects: | 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, |
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| Online Access: | http://documents.worldbank.org/curated/en/2007/05/16267505/bangladesh-improving-competitiveness-through-trade-policy-reforms
https://hdl.handle.net/10986/8095
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