World Review of Business Research
Vol. 6. No. 3., October 2016, Pages: 61 – 70
Democracy and Economic Diversification: Experience from Bangladesh
Nabila Maruf and A. F. M. Ataur Rahman
This current study looks into the relationship between
democracy and economic diversification for Bangladesh.
Using arguments in the line of Johansen-Engel-Granger
we find that as Bangladesh is becoming more politically
diversified the economy is becoming less economically
diversified. We also looked into export and import
diversification and found that country wise export
becomes more concentrated with democracy. For import
we do not find any discernible trend.