 BREXIT and Bangladesh: An Exploratory Study on Likely Economic ImplicationsMustafizur Rahman and Towfiqul Islam Khan No 121, CPD Working Paper from Centre for Policy Dialogue (CPD) Abstract: UK’s EU-referendum held on 23 June 2016, and the verdict of the British electorate to leave the EU (popularly known as Brexit), have important implications not only for the UK, but also for its major trading and economic partners, both within and outside of the EU region. This paper aims to capture the possible short- and mediumterm implications of Brexit for the economy of Bangladesh. The paper makes an attempt to anticipate the terms of Brexit, and what these could mean for Bangladesh’s bilateral economic relationship with the UK in a diverse range of areas. With the help of a gravity model exercise, the paper tries to capture the likely fallouts of Brexit on exports of Bangladesh to the UK. The paper argues that Bangladesh’s exports, remittances, FDI and aid could be significantly affected by Brexit. The paper comes up with a number of recommendations to address the likely challenges facing the Bangladesh economy arising out of Brexit. Keywords: Mustafizur Rahman; Towfiqul Islam Khan; Sherajum Monira Farin; CPD; Bangladesh; UK; Brexit; EU-referendum; Export; Remittance; FDI; Economic relationship (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pdb:opaper:121 Access Statistics for this paper More papers in CPD Working Paper from Centre for Policy Dialogue (CPD) Contact information at EDIRC. |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.