the main export items. Things have changed in the last 20-25 years and Bangladesh has switched to second gear from agricultural sector to manufacturing sector. Tea or jute is no more the main export- readymade garments (RMG) has replaced them. About 3.0 million people are directly related while another 20 million people are indirectly involved in the RMG sector. According to a World Trade Organisation (WTO) report‚ Bangladesh ranked fourth in global apparel exports in 2007. In that same year the
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The Bangladesh Development Studies Vol. XXIX‚ March-June 2003‚ Nos.1 & 2 Bangladesh’s Trade Barriers in a Global Perspective: A Comparative Analysis by SELIM RAIHAN ∗ This paper develops an index of trade barrier for 108 countries and makes a comparative analysis of Bangladesh’s trade barrier indices in a global context. Bi-variate as well as multivariate cross-country econometric models have been estimated to explain cross-country variations in trade barrier indices. The results show that
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pessimistic view about the developmental prospect of Bangladesh. Many thought that the country would remain permanently locked in a ‘below poverty level equilibrium trap’. Although there is little room for complacency Bangladesh has come a long way from there. About two-fifths of the economy is now connected with the global economy through exports‚ imports‚ factor and commodity markets; the degree of openness of the economy currently stands at 40%. Bangladesh can now rightfully claim that she has graduated
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What are the entry barriers to the Las Vegas Casino Resort market? When one thinks of casinos‚ one cannot escape from Las Vegas. Despite Nevada legalizing gambling in 1931‚ today‚ the notorious Las Vegas strip is dominated by several key players and the reason why this is so is due to the barriers to entry‚ defined as obstacles faced by potential new entrants‚ existent in the Las Vegas casino resort market. The entry barriers are explained below. Government Policy While the lucrative nature
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Bangladesh Small and Cottage Industries Corporation (BSCIC) provides a package of services to private sector entrepreneurs in Bangladesh in the small and cottage industries sector. It was created through an Act of Parliament in 1957 which was later amended in 1992. BSCIC has developed a total of 74 industrial estates throughout the country to foster the growth of SCIs in a balanced manner and also construction works for good number of estates including special type like Tannery‚ API (Active Pharmaceutical
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THE GARMENT INDUSTRY OF BANGLADESH Introduction: The garment industry has played a pioneering role in the development of industrial sector of Bangladesh. Though it took a rather late start i.e.‚ in 1976 but it soon established its reputation in the world market within a short span of time. Resultantly garment is now one of the main export items of the country. Besides‚ enriching the country’s economy it has played a very important role in alleviating unemployment. At present there are more than
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……………………………………………... 12 4.4.4. Earnings per Share (EPS) ……………………………………………. 13 5. Conclusion …………………………………………………………………………... 14 Reference ……………………………………………………………………………. 15 Executive Summary This report is made on RAK Ceramics Bangladesh Ltd. In this report the financial statement of RAK Ceramics is analyzed for six year (2007-2012). The analysis is actually ratio analysis. The whole analysis is firstly divided into four parts- Liquidity ratio‚ Asset management ratio‚ Debt management
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Entry Barriers in Global Marketing An understanding of the entry barriers to internationalization and their effect on entry mode selection is important because they can assist in determining why global marketers are unable to exploit their full potential and why many firms fail or incur financial losses in their international activities. The height and nature of market entry barriers directly influence the entry mode chosen by a company. Entry barriers increase the cost of entry and constraint
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Introduction: The readymade garment (RMG) sector has been playing an important role in the overall economic development of Bangladesh. For a long time developing countries have strived for a development paradigm that would achieve high economic growth leading to employment generation and poverty alleviation. The RMG industry of Bangladesh started its modest journey in late 1970s and within three decades‚ it has been a flourishing sector. In the 1950s‚ developing economies like Hong Kong‚ Taiwan
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Objective of the report: The Bangladesh paradox has been one of surprising economic resilience in the face of natural disasters‚ poor governance and political volatility. However‚ a key challenge is whether Bangladesh can move away from an economy that is an impressive underdog‚ to one that can truly join the ranks of the fastest growing economies in the region. Bangladesh has three key attractions for global investors and multinationals: a large base of low-cost labour‚ a large domestic
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