Trade liberalization does not seem to have aftected inflation in the economy. The average degree of openness sharply increases more than double after the... However, the findings in these chapters are put to test by econometric analysis towards the end. The analysis clearly indicates that GDP growth increased consequent to liberalization and deregulation. The quantitative analysis also suggests that greater openness has had a favourable effect on economic development. Both real export and imports have increased with greater openness. The book analyzes the achievements of the economy in terms of important variables such as growth, inflation and the trade balance. Liberalization policy certainly improves export of the country which eventually leads higher economic growth after 1990s. The book examines the impact of trade liberalization and deregulation on the Bangladesh economy between the periods 1980 to 2009. An analysis is for the most part descriptive relying on tables and graphs.