The largest and biggest contributor to Bangladesh’s economy is the agricultural sector. Seen often as the ‘unsung’ hero of our growth revolution, it still serves as the most significant industry in this country. In spite of its large contribution to employment, relatively speaking, its contribution to GNP falls short of expectations. Hence, as with other developing countries, the agriculture sector in Bangladesh can be classified as predominantly being ‘traditional’. This implies that it is mainly comprised of small households that suffer from technological stagnation, unskilled labor, and supply chain and market linkage problems.…
The first important observation is that SAARC plays a very marginal role in Bangladesh’s exports. The share of Bangladesh’s exports to SAARC amounts to less than 4 percent of Bangladesh exports to the rest of the world. The shares are slightly more significant for imports, amounting to just below 12 percent for fiscal year 2007/08, but are still not as high as one might have expected. Second, the shares of imports and exports have grown only marginally over the ten year period: a) for exports from 2.4 percent to 3.3 percent, b) for imports from 13.8 percent to 18.1 percent, and c) for the sum of exports and imports from 9.1 percent to 11.6 percent.…
Bangladesh is an emerging economy in the world. The improvement of its economy also depends on the performance of its BoP.…
Mir Md. Nazmul Haydar MBA 22nd Batch ID No: 111-126-025 Metropolitan University Content |Sl No. |Title |Page no. | |1 |Introduction |1-3 | |2 |Composition and Performance of Exports of Bangladesh |3 | | |Export Earnings and Export Growth | | |3 |Export Earnings and Export Growth by Commodities |3 | |4 |Exports of Primary and Manufacturing Commodities |4 | |5 |Export Value, Volume and Unit Price Index |4-5 | |6 |Exports Performance Compared to Imports |5 | |7 |Composition and Performance of Imports of Bangladesh |5-6 | | |Import Composition and Growth |…
Here is the recommendation term paper on “the growth of balance of payments and sectoral growth of Bangladesh” that you authorized in your letter on 28th April, 2012.…
Dynamics of Micro Finance Programs in Poverty Alleviation in Bangladesh: Present Status, Challenges and Policy Actions…
An outlook on application of Dual Sector Model in Bangladesh ....................................................... 7 Shortcomings and possible solutions for the application of the Lewis model ......................................... 9 Conclusion ................................................................................................................................................. 10 Appendix .................................................................................................................................................... 11 References…
Mahmud Hasan Shah Department of Economics, Jagannath University, BANGLADESH. mhs_ju@yahoo.com Shahida Pervin Department of Economics, Jagannath University, BANGLADESH. Spervinruby@yahoo.com…
Bibliography: Authors’ calculation based on Bangladesh Bureau of Statistics (BBS), Bangladesh Economic Review 2011, Bangladesh Bank. Authors’ calculation based on Bangladesh Bureau of Statistics (BBS), Bangladesh Economic Review 2011, Bangladesh Bank. bb.org.bd. Economic Review, 2006 and 2007, Fiscal Report of MoF. (2012). World Bank Report .…
Mohammad Shahidul Islam1, Md. Musa2, Rajib Kanti Das3 1. Assistant Professor, School of Business, University of Information Technology and Sciences, 40/1 Jakir Hossain Road, Khulshi, Chittagong, Bangladesh Tel: 88-01190-955692 E-mail:shahidulislam28@yahoo.com 2. Lecturer, School of Business, University of Information Technology and Sciences, 40/1 Jakir Hossain Road, Khulshi , Chittagong, Bangladesh,Tel: 88-01819-619269 . E-mail: musa0999@gmail.com 3. Assistant Professor, Faculty of Business Administration, BGC Trust University Bangladesh * E-mail of the corresponding author: shahidulislam28@yahoo.com Abstract The Economy of Bangladesh is classified into three sectors. Of these, the average contribution of service sector, industry sector, agriculture sector to the GDP are 49.33%, 28.42% and 22.42% respectively. So, the service sectors contribute most of the development of national economy. The research aims are to analyze the comparative contribution of service sector with other sectors, the impact of trade liberalization of service sector and to provide the recommendations for development of service sector. It is taken a sample of ten years data of GDP from 2000-01 to 2009-10 for analyzing the comparison of service sector with other sectors (industry and agriculture). The average growth rates between service sectors and industry sectors or agriculture sector or total GDP are analyzed with‘t’ test. The average growth rate of service sector, inudsty sector, and agriculture sector are 6.17%, 7.49%, 3.21% respectively. The growth of service sector is more than the agriculture sector but less than the industry sector (result of‘t’ test). The paper also reveals that total trade deficit of service is increasing over the year.The average employment of Agriculture, Industry, Service to total…
Agriculture contributes 20 per cent of the Gross National Product (GNP) and 50 per cent of employment in Bangladesh. The prices of essential commodities have an impact on budgets of most of the citizens having fixed income. Rice constitutes a major share of expenditures for the poor. For example, rice accounts for nearly 40 per cent of expenditures for the poorest three-fifths of the urban population in Bangladesh. Farmers get benefit from stable rice prices because most of them are poor. The farmer is an investor in an uncertain biophysical environment where risk markets are imperfect and cannot guarantee access to credit when needed. These volatile conditions are often the result of inadequate storage facilities or a lack of standardised marketing agreements. In contrast, during 1990s the economic liberalisation in many countries led to increasing withdrawal of the government's intervention from the agricultural commodity sector, which made the agricultural prices dependent on domestic and international market forces.…
Nearly 140 million people are living in the limited area of Bangladesh. The agriculture sector has not developed enough to produce adequate food grains for the country and as such deficit is met through import from the neighboring countries. The country has become a land of ecological…
While the words of agriculture are vast, varied and rapidly changing with the policies and supportive investments at local national and global levels today’s agribusiness offers new opportunities to the developing country to remove out of poverty. Agribusinesses include smallholder farming and animal husbandry employment in the new agriculture high value products and entrepreneurship in the nonfarm economy. Using agriculture as the basis for economic growth in the agriculture based countries requires a productivity revolution in smallholder as well as other farming. In Bangladesh though Agribusiness is new, but it would be a most important business activity because Bangladesh is an agricultural country…
The Bangladeshi economy has been growing impressively over the last decade. In the last five years, Bangladesh has been able to attain an average GDP growth of 6%. As per government statistics, in FY12 Bangladesh managed to achieve 6.3% growth of GDP but fell short of the target set at 7% and the FY performance of 6.7%. This slowdown is partially explained by the slow growth in agricultural sector recent tightening of macroeconomic policy, pressure on foreign exchange reserves and a snail’s pace in private investment Yet, during FY12 the industries and service sectors registered impressive growth (9.4% and 6% respectively) In the concluded fiscal year, Bangladesh’s per capita GDP has been estimated to be around USD 772 (11.51% increase over FY11). Per capita GNI also increased to USD 848 in FY12 from USD 816 in FY11.…
through the lens of equity and inequality. Poverty is not only about 'poor ' people but also…