Wednesday, May 13, 2020

Globalization Impact on Bangladesh Economy - 4281 Words

Economy of Bangladesh Economy of Bangladesh Currency Fiscal year Trade organisations Bangladesh Taka (BDT) 1 July - 30 June WTO, SAFTA, D8, WCO Statistics GDP GDP growth GDP per capita GDP by sector Inflation (CPI) $228.4 billion (2008 est.PPP) 6.5% (2008 est.) $ 1500 (2008 est.PPP) Agriculture (19%), industry (28.7%), services (53.7%) (2007 est.) 9.4% (2008 est.) Population 38% (2009 est.) below poverty line Labour force Labour force by occupation Unemployment Main industries 70.86 million (2008 est.) Agriculture (65%), industry (25%), services (10%) (2005 est.) 2.4% (2008) jute manufacturing, cotton textiles, garments, tea processing, paper newsprint, sugar, light engineering, chemical, cement, fertilizer, food processing External†¦show more content†¦Some of the same factors that had made East Bengal a prosperous region became disadvantages during the nineteenth and twentieth centuries.[4] As life expectancy increased, the limitations of land and the annual floods increasingly became constraints on economic growth.[4] Preponderance on traditional agricultural methods became obstacles toShow MoreRelatedGlobalization And Competitiveness : The Impact On Future University Of Alberta Bcom Graduates Essay982 Words   |  4 Pages Globalization and Competitiveness: The Impact on Future University of Alberta Bcom Graduates Nickia Kwan 1468914 University of Alberta Globalization and Competitiveness: The Impact on Future University of Alberta Bcom Graduates Globalization continues to impact how countries connect with each other. 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The ApparelRead MoreThe Global Financial Crisis Of The Usa1383 Words   |  6 Pagesthe USA Bangladesh Bangladesh is a developing country and globalization integrates it with the global market in diverse areas. Bangladesh is equally affected by this global turmoil in the short run as well as in The long run. It is very difficult to predict the scenario in the long term; however, short term impact should duly be taken into consideration. The global financial crisis hits the country’s exports, foreign remittance and balance of payments. It is imprudent to consider the economy of BangladeshRead MoreThe Presence of Corruption in Bangladesh 1471 Words   |  6 Pagesbe more corrupt. In Asia, Bangladesh is one of the most corrupt nations. Ever since the independence of this South Asian nation it has been fraught with instability and corruption. As new nation Bangladesh has to face various political and economic issues. 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