American Research Journal of Humanities and Social Sciences

This qualitative study investigates the strategies employed by international financial institutions and businesses to navigate the intricacies of financial globalization. The research is particularly focused on the effects of financial liberalization in Bangladesh, which commenced in the late 1980s. Business and financial variables are not wholly fueling growth, despite substantial economic development, according to the study. The research also examines the history, process, and future of trade liberalization in Bangladesh, its impact on exports, imports, GDP, and other macroeconomic variables, with a particular emphasis on exports. The research indicates that the Bangladeshi external trade regime has undergone a substantial transformation, resulting in a reduction in anti-export bias. Textiles and ready-made garments were the primary generators of consistent growth in both total and manufacturing exports during the post-liberalization period. The reduction of the import-GDP ratio and anti-export bias has had a significant long-term impact on exports. The study also suggests that policymakers should prioritize forthcoming challenges related to financial liberalization.