UD-Effects of terrorism and social unrest on the ready-made garments (RMG)]
Timeframe: Nov 2016 - Mar 2017
Funder: MFA
According to the World Bank, political unrest in Bangladesh in the first part of 2015 resulted in a loss of 1% of GDP. A previous study by UNDP estimated the average costs of unrest as even higher during the 1990s. Though these estimates are disputed, they indicate that the economic impacts of political unrest might be significant. This note addresses the effect of political unrest through the trade channel or exports. Is there any empirical evidence that exports from Bangladesh have been reduced by recent episodes of unrest?
