Globalization & Bangladesh

Topics: Globalization, World Bank, Developing country Pages: 17 (5227 words) Published: February 19, 2013

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Executive Summary

This report is executing the globalization in the world and its impacts and challenges in Bangladesh. This report is divided in four chapters: introduction, an overview, findings and analysis, and recommendation and conclusion.

In chapter 1, the objective, methodologies and limitations of the study are described in details. The main objective of this study is to make an academic paper under a course- Theory and Practice of International Business. And the sources of the collecting data and information ware secondary sources.

Chapter 2 provides an overview to the reader about the main topic of the report. This chapter discussed globalization in details. Globalization is the process of interaction and integration between the businesses and people of different countries. It is facilitated by improved global communications and information technology. In simple words, the worldwide movement toward- economic, financial, trade, and communications integration is Globalization. The characteristics of globalization are: Improved Technology in Transportation and Telecommunications, Movement of People and Capital, Growing world wide interconnection, Rapid & discontinuous change, Increased number and diversity of participants. And this chapter also discussed about the criticism and support of globalization.

Chapter 3, this chapter illustrates the findings and analysis of this study. Here it will describe about Bangladesh and impacts and challenges of globalization in Bangladesh. And will analyze the findings. Although Bangladesh still does not rank among the most globally integrated developing economies, the speed of integration has been quite rapid. Foreign and export oriented industries are changing the economic and social scenario of Bangladesh which, results in an increase of living standards. Foreign investments create high paying jobs, which require more knowledge and skill, therefore motivating people to work for a higher education. And in Chapter 4, the recommendation and conclusion about the findings and analysis are described. The increasing competitiveness of the global garment industry, in particular, threatens to undermine Bangladesh's growth. If Bangladesh is to become less vulnerable to the economic fortunes of others, it will need to strengthen its domestic economy, creating jobs and markets at home. A strong domestic sector and an improved overall investment environment will provide a more stable source of income - like what the garment industry has provided so far - and will rekindle and sustain Bangladesh's economic growth.


1.1 Statement of the Research Problem

This research has been done on the topic-“Globalization and Bangladesh”. This report describe about the globalization and its impacts on Bangladesh.

1.2 Scope and Objectives of the Study

The main objective of this study is to make an academic paper under a course- Theory and Practice of International Business. And the other objectives are: increasing practical knowledge, getting information.

1.3 Methodology of the Study

The sources of the collecting data and information ware secondary sources. Internet, newspaper, websites and books are the main sources of data of this report.

1.4 Limitations of the Study

The main limitations of the study are- unavailability of information and lack of time.




2.1 Definition

One nation cannot produce everything, because it has limited resources. If you look at the tag on your shirt, chances are you would see that it was made in a country other than the one in which...
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