Bangladesh-Analysis

Overview of current stinting conditions in Bangladesh A biannual compensate on the economic conditions of Bangladesh, January-June, 2003 Submitted by: BILS?Bangladesh Institute of Labour Studies sign of the zodiac #02, Road#13, Dhanmondi R/A, Dhaka-1209 Tel:+88-02-8123869-70 Fax: +88-02-8123868 E-mail: bils@cgscomm.net Web: hypertext transfer protocol://www.bilsbd.org/ Posted to GPN on December 19, 2003. Overview of current economic conditions in Bangladesh (A biannual report on the economic conditions of Bangladesh, January-June, 2003) Bangladesh has an agrarian rescue with 32% of GDP coming from the Agriculture Sector. Major artless products are rice, jute, wheat, potato, pulses, tobacco, tea and sugarcane. . The country is the largest exporter of jute and jute goods in the earth. Readymade garments are among the or so exportable items. Tea, frozen shrimp, fish, leather goods and handicrafts are also study exportable commodities. The country has under gone a study shift in its economic philosophy and management in recent years. At Bangladeshs birth, the country embraced socialism as the economic ideology with a dominant role for the public sector.

But, since the mid-seventies, it undertook a study restructuring towards establishing a market economy with emphasis on private sector-led economic growth. During the nineties, the country has completed a major stabilization program which has reduced inflation as advantageously as fiscal and current account deficits and established a healthy foreign exchange reserve position with offset and sustainable debt-service liabilities. With modest economic growth, the basic indicators related to health, tuition and poverty have all shown sustained improvement. According to a World Bank estimate, Bangladesh has the 36th largest economy in the world in hurt of GNP based on the buying power parity method of valuation, and the 55th largest in terms of nominal GNP in U.S. Dollars. MACROECONOMIC UPDATE In the past decade, Bangladesh enjoyed a positive... If you want to get a affluent essay, order it on our website: Orderessay

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