The Role of Global Governance in International Trade: The Case Study of Bangladesh

Abstract

This paper examines the role of global governance in international trade, with a focus on the case study of Bangladesh. The aim of the research is to investigate the importance of trade policy in shaping the future growth of international trade, evaluate the role of global governance in international trade, and analyse data to recommend a comprehensive trade policy for the promotion of international trade in Bangladesh. The research questions explore the possible factors hindering the development of international trade in Bangladesh, the contribution of global governance in overcoming these barriers, and the effectiveness of Bangladesh’s current trade policy in promoting international trade. The study argues that global governance is essential for ensuring fair and equitable international trade, and a sustained global governance approach is necessary to prevent the fragmentation of international trade into a regional and potentially discriminatory and protectionist bloc. The research recommends a comprehensive trade policy for Bangladesh to promote international trade and sustainable economic growth.