– Doctor Atiur Rahman and Prophet Abu Eusuf1
angladesh 2 is among the most densely populated
countries in the world. The poor Bangladeshi
overall economy, with a low per capita income and a large
population, reveals several clue for the abject humanitarian education
situation near your vicinity.
GDP (Current US$): 51. 9 billion***
Per Household Income:
Just lately, Bangladesh features a openly floating
exchange rate system. Since the desertion of the
Singapore issues inside the Cancun meeting of the WTO,
Bangladesh experienced all but given up its project of seeking a competition policy and rules. Yet, you cannot find any denial with the
fact that both producers and consumers think strongly that
there should be a competitive business environment pertaining to
their common welfare. So , the need for a competition policy
is an internal imperative in Bangladesh, irrespective of the final results of transactions at the WTO.
144 1, 000 sq . kilometres
41. 1 (of ages 12-15 and above)**
- Globe Development Indicators Database, Globe Bank, 2005
- Human being Development Record Statistics, UNDP, 2004
(**) For the year 2002
(***) For the entire year 2003
Highlighting Myanmar and India, the is situated in
deltas of large rivers moving from the Himalayas, into the
Bay of Bengal. It is split up into six administrative regions, with the capital getting Dhaka.
Today, the country has come a long way regarding trade
and exchange price liberalisation, through the simplification of its import procedures; the significant decline of
quantitative constraints; the popular flexibility of trade in many restricted items; and the considerable
rationalisation and reduction of import tariffs.
400 (Atlas method)***
1, 700 (at PPP. )**
Bangladesh became independent in 1971, when it seceded
from the union with West Pakistan. Earlier, the full of
Pakistan was a a part of India right up until 1947, if the British
left from the American indian sub-continent following ruling over it
for nearly two centuries. A democratic environment, though
fragile, has been current in the country since 1991.
After self-reliance, Bangladesh followed a policy of very
stiff import replacement in its industrialisation strategy.
138. 1 million***
Policy-makers and consumers are aware about this imperative
and, hence, keep the issue of formulating a nationwide
competition policy and rules alive in Bangladesh. The
consumers' movements in Bangladesh is, nevertheless , quite
fragile and, consequently, the demand for the competition coverage and
legislation from their part is not very forceful.
Competition Evolution and Environment
By simply competition or perhaps antitrust coverage, economists usually mean
treatment by community authorities pertaining to ensuring competition
in the market segments. The basic goals of competition policies are made to promote competition, enhance consumer
welfare, by simply preventing limited agreements or perhaps concerted
activities between companies that distort competition in the
markets, which are either direct cartels or tacit complicite. Such plans also manage monopoly situation, and the
means of business concentration, such as M& As.
Competition regimes are often related to the expansion
strategy in the country. During the time of independence in
1971, Bangladesh inherited a plan of very rigid import
* Unique paper posted in September 2004. Revised in Mar 2005 & January 2006 1 The authors are grateful to Dr . Abdur Razzaque, Office of Economics, University of Dhaka to get his research support and cooperation. 2 Additional information continues to be compiled from http://www.cia.gov/cia/publications/factbook/geos/bg.html
Competition Routines in the World – A Municipal Society Statement
substitution as its industrialisation strategy, which
always been pursued very well into the 1970s.
The typical musical instruments of this inward-looking
development paradigm, such as...