Bangladesh

There are a variety of ways in which different economies can be compared, including GDP comparisons, quality of life, structure of economy and government roles. Australia and Bangladesh have similar economic structures, both being mixed economies. The differences of these two nations are quite large, with great variations in Gross Domestic Products and Human Development Indices. Economic Growth Rate is a quantitative measure of an economy’s increase in Gross Domestic Product (GDP) over time.…

In recent years, Bangladesh has risen from one of the poorest countries to the second largest supplier of textile goods in the world. The question still remains however, is it sustainable? Despite efforts by the Bangladeshi government, the industry still faces many problems with infrastructure, corruption, and capital inputs that could jeopardize their position in the international market. Background of Bangladesh’s Textile Trade In the late 1970’s, Bangladesh entered into the ready made…

the burden of Bangladesh's foreign debt overnight. It cannot stop smuggling as long as black-market transactions in foreign exchange continue. Devaluing Bangladesh Taka means devaluing the price of Bangladeshi labour and talent in the international market that send foreign exchange through home remittance. Devaluation will make Bangladesh lose heavily both as seller and as a buyer and will make no good substitute for remedial changes in economic policies and developmental…

Bangladesh: Political and Strategical Developments and U.S Interests.Congressional Research Service. April 1, 2010). This means that Bangladesh is constantly rebuilding and using government funding on natural disaster damage. It must address these damages in order for Bangladesh to return to its normal state. It also means that a majority of the cultivated land cannot be used for agriculture…

Based on the three articles, there was a recent factory collapse in Bangladesh that has killed more than 1200 Bangladesh factory workers. In the article by Peter Dreier, he discusses how the New York Times newspaper company was able to dive deeper into the poor working conditions of Bangladesh. Dreier praises the New York Times and discusses how large companies that outsource labor today, such as Walmart, are handling the responsibility of employing workers in poor worker conditions. Dreier’s…

population in Bangladesh in 2013. Here, depositors include persons who have savings, current, time deposits and loan account in a bank. In another report Bangladesh Bank (2011) revealed ratio between depositors to people stands at 330 per 1000 population in the year 2010. In case of internet users, this ratio is 63 to 1000 (World Bank, 2013). Installation of fiber optic cable in 2006 has Licensed under Creative Common unfolded a new horizon in expanding internet based banking system in…

resources, such as coal, wood, crops and metals that promote economic growth. Industrialization leads to a higher demand of these resources. Industrialized countries often use much more resources per capita than developing countries. While Japan and Bangladesh have approximately the same population, the average Japanese person consumes 10 times as much as the word’s resources than the average Bangladeshi person (DOC 1). This indicates the stark contrast between usage of resources between…

The Digital Designing™ Exhibition will be the first-ever such kind of initiative in Bangladesh where design works will be received through online, then subsequently placed for voting through social media network and finally scrutinized by the Jury panel for awarding. Nominated design works will be displayed in the Exhibition and a daylong workshop will be arranged for the awardees. The goal of the event is to promote the designers in the country with the slogan ‘Gear Up Designers’. The…

A Foreign Direct Investment (FDI) generally means an investment made to acquire long-term interest in enterprises that operate outside of the economy of the investor. Open economies (like Bangladesh) with a vast workforce and good growth prospects gradually tend to attract larger amounts of foreign direct investment than closed, highly regulated economies. The third world countries are considered the best places for the investors for foreign direct investment. Foreign direct investment has…

You would think that after the Holocaust and several other genocides, such as Bangladesh, the world would learn from its mistakes and no more genocides would happen. Sadly, that is not the case. There are many genocides still going on today, such as North Korea. The North Korea and Bangladesh genocides are both tragic events and many lives were lost, however they differ in the group of people being killed, the goal of the genocide, how they were/are being resolved. In both genocides people are…