Bank Notes
The Role of Banking Sector in the Industrialization of Bangladesh
Bangladesh will have within a decade a sizable industrial sector where manufacturing will account for at least 25% of the GDP & at least 20% of the employed workforce. This will mean a considerable rise from the figure of 10% around which the sectors share in GDP & employed population have hovered for most of the past two decades.
A vibrant & dynamic private sector especially banking sector will be the principal actor in Bangladesh’s industrial arena. The industrial sector of Bangladesh will be competitive in the liberalized internal market as well as in the external market. The industrial sector of Bangladesh shall have a dominant export orientation.
The goal of external competitiveness implies the pursuit of industrialization in accordance with the dynamic comparative advantage of the economy. Given Bangladesh’s resource endowment, the principle of dynamic comparative advantage means production of labor intensive manufactures with skill up-gradation & productivity growth as its cutting edge. This however, does not preclude the possibility of Bangladesh having a niche high tech industrial sub sector that may be externally competitive.
In order to further strengthen the country’s industrial process, the govt. has identified SME’s as a priority sector & as the driving force for industrialization. With a view to providing entrepreneurs with assistance and finance in the establishment of SME’s, bank play an active role.
Global Warming & Its Mitigation Measures
Global warming
→ Global warming refers to the increased temperatures of earth’s surface, including land, water & near surface of air.
→ It is the rise of the average temperature of earth’s atmosphere & oceans since the late 19th century 7 its projected continuation.
→ Since the early 20th century the Earth’s mean surface temperature has increased by 0.8®C, with two thirds of the increase occurring since 1980.
→ It is primarily caused
Bangladesh will have within a decade a sizable industrial sector where manufacturing will account for at least 25% of the GDP & at least 20% of the employed workforce. This will mean a considerable rise from the figure of 10% around which the sectors share in GDP & employed population have hovered for most of the past two decades.
A vibrant & dynamic private sector especially banking sector will be the principal actor in Bangladesh’s industrial arena. The industrial sector of Bangladesh will be competitive in the liberalized internal market as well as in the external market. The industrial sector of Bangladesh shall have a dominant export orientation.
The goal of external competitiveness implies the pursuit of industrialization in accordance with the dynamic comparative advantage of the economy. Given Bangladesh’s resource endowment, the principle of dynamic comparative advantage means production of labor intensive manufactures with skill up-gradation & productivity growth as its cutting edge. This however, does not preclude the possibility of Bangladesh having a niche high tech industrial sub sector that may be externally competitive.
In order to further strengthen the country’s industrial process, the govt. has identified SME’s as a priority sector & as the driving force for industrialization. With a view to providing entrepreneurs with assistance and finance in the establishment of SME’s, bank play an active role.
Global Warming & Its Mitigation Measures
Global warming
→ Global warming refers to the increased temperatures of earth’s surface, including land, water & near surface of air.
→ It is the rise of the average temperature of earth’s atmosphere & oceans since the late 19th century 7 its projected continuation.
→ Since the early 20th century the Earth’s mean surface temperature has increased by 0.8®C, with two thirds of the increase occurring since 1980.
→ It is primarily caused