Publication: Bangladesh : Improving Competitiveness through Trade Policy Reforms
Date
2007-05
ISSN
Published
2007-05
Author(s)
World Bank
Abstract
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.
Citation
“World Bank. 2007. Bangladesh : Improving Competitiveness through Trade Policy Reforms. © Washington, DC. http://openknowledge.worldbank.org/entities/publication/24fc92f9-81a8-59cd-8d95-33c6c1bc2322 License: CC BY 3.0 IGO.”