Globalization as a Catalyst for Inclusive Growth: Evidence from Bangladesh

Israt Jahan Ruma (Department of Business Administration, CCN University of Science & Technology, Bangladesh)
Rajib Chandra Das (Department of Law, CCN University of Science & Technology, Bangladesh)
Mahamuda Sultana (Department of CSE, CCN University of Science & Technology, Bangladesh)

International Journal of Accounting, Business, and Economic Policy
Vol. 1 No. 4 (2025): October

Globalization has accelerated growth in many developing economies; however, its benefits remain unevenly distributed across regions, sectors, and social groups. This study rethinks existing globalization policies by examining their effectiveness in promoting inclusive growth in Bangladesh. Using secondary data, the paper explores how trade liberalization, foreign direct investment, and global value chain integration influence income distribution, employment quality, and access to economic opportunities. The findings reveal that while globalization has contributed to macroeconomic expansion, inadequate labor protection, limited SME participation, and weak social safety nets constrain its inclusiveness. The study highlights critical policy gaps and argues for a more balanced approach that aligns openness with social protection, SME support, and institutional strengthening. The paper concludes with policy recommendations aimed at ensuring that globalization fosters equitable and sustainable growth in developing economies like Bangladesh. By proposing an integrated policy framework that connects global economic integration with targeted domestic reforms, this research provides actionable insights for policymakers seeking to reconcile economic openness with social equity in developing economies like Bangladesh.