Impact of Fdi Nad Joint Venture Essay

3923 Words Jul 4th, 2012 16 Pages
“Impact of FDI and Joint Venture on Employment Generation: A Multi-sector Experience of Bangladesh Economy” 1. Md. Nazmul Hasan, Lecturer of Finance and Banking, Daffodil International University, 4/2, Sobhanbag, Prince Plaza, Mirpur Road, Dhanmondi, Dhaka-1207, Bangladesh. (Correspondent Authors). palashdu007@gmail.com. Cell: +88-01915.653068 2. Hussain Ahmed Enamul Huda, Lecturer, Department of Finance, University of Dhaka, Dhaka – 1000, Bangladesh. Haehuda@yahoo.com. Cell: +88-01911.745255. Abstract: Foreign Direct Investment (FDI) is very crucial for the sustainable development of developing countries in general and in specific for LDCs-like Bangladesh. For Bangladesh, inflow of foreign direct investment is the major stimulus for the …show more content…
Bangladesh has a large pool of vibrant young working force that is highly trained and skilled enough to cater the demands of the globalized world. Due to global economic recession of 2008, the financial markets were crashed jobs disappeared and growth took a sharp plunge in much of the developed world and its ripple effects were felt in the other parts of the globe. Though, many economists forecasted that Bangladesh would be severely affected by this speedy storm. Rather, the economy Bangladesh demonstrated extraordinary resilience, driven by sound macroeconomic policies, dynamic pool of private entrepreneurs and productive labour force. New and dynamic opportunities are emerging for foreign direct investment (FDl) in the traditional and emerging sectors while significantly improving involvement of female into the workforce. Keywords: FDI, Joint Venture Investment, Sectoral Investment, Employment Generation. 1.0 Introduction: The inward trend of FDI (Foreign Direct Investment) is significantly growing into multidimensional sectors of our country. This scenario is the upshot of the alluring incentives and supports provided to the foreign investors by the consecutive governments of Bangladesh. FDI, in its nature, is an international account that reflects acquiring a long-lasting interest by a resident

entity of one country into a resident entity of another country. According to IMF definition, “A direct investment enterprise is an incorporated or

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