PERFORMANCE DURING DIFFICULT ECONOMIC CONDITIONS For the Department of Business Innovation and Skills (BIS) John Kitching Robert Blackburn David Smallbone Small Business Research Centre‚ Kingston University Sarah Dixon School of Management‚ Bath University June 2009 URN 09/1031 Contents EXECUTIVE SUMMARY i 1. INTRODUCTION‚ RESEARCH OBJECTIVES AND METHODS 1 2. RESEARCH CONTEXT 1 2.1 Defining Difficult Economic Conditions 1 2.2
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of economic growth‚ gradual decline of budget deficit‚ high rate of export and import growth‚ steady rise of foreign currency reserve at a satisfactory level are some of the major achievements that Bangladesh attained during the past few years until FY2007-2008. Success in achieving these significant milestones is largely attributable to a set of policies and reforms implemented in order to attain macroeconomic stability accompanied by acceleration of economic growth. With continued economic growth
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Definition An economic condition marked by the fact that individuals actively seeking jobs remain unhired. Unemployment is expressed as a percentage of the total available work force. The level of unemployment varies with economic conditions and other circumstances. Unemployment describes the state of a worker who is able and willing to take work but cannot find it. As indicated by the unemployment rate and other yardsticks‚ unemployment is an important measure of the economy’s strength. A high
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domestic growth rate are prevailing in the economy. The country is not only technologically and managerially inefficient but also underdeveloped in the areas of key infrastructure such as transport‚ telecommunication‚ and energy sectors. Recent Economic Condition of Bangladesh 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
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Global Economic Condition Great Recession of 2008-09 has slowed the growth of world output‚ especially in the developed countries like EU‚ USA‚ Japan and Canada etc. In the developed countries unemployment remains high at the rate of nearly average 9 per cent again income of the employed people remain stagnant1. Although the great Recession is on the way of recovering‚ more and more worker remain out of the job for a long time‚ especially young workers‚ medium-term growth prospects also suffer
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trade policy regime: framework and objectives 1 Overview During the period under review‚ Bangladesh’s legislative and institutional framework governing trade and foreign direct investment has changed only slightly. Efforts have been made to ensure better policy coordination of trade and related WTO matters by‚ inter alia‚ creating a WTO Cell at the Ministry of Commerce‚ the Bangladesh Foreign Trade Institute and a National Advisory Committee. Despite its strong attachment to‚ and active
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Economic condition of Pakistan For the past few years Pakistan has been following the technique of assessment of domestic oil value against the international oil value on a fortnight basis. About 85% of the oil required for domestic uses in Pakistan is imported. Back in the year 2004 various subsidies were given by the government on the oil price as an attempt to protect the citizens from the prospective record fuel costs. It was also an attempt to curb the rate of inflation prevalent in the country
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resources‚ mineral and precious stone deposits‚ natural gas and untapped petroleum stores. Many of these resources remain relatively unexploited. The United States‚ France‚ India and Pakistan are Afghanistan’s primary export partners and Pakistan‚ South Korea‚ Japan‚ Germany‚ Turkmenistan‚ Kenya‚ US and Russia are it’s primary import partners.
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ASIAN UNIVERSITY OF BANGLADESH An Assignment On “Economic condition of Bangladesh” Course Title: Microeconomics Course code: BBA 1204 Submitted to Dr. Shamsul Islam Latifi Associate profesor‚ Dept. of Economics Asian University of Bangladesh Submitted By Md. Hasan Khan ID: 200920863 Batch: 36th Date of Submission 5th September‚ 2013 Letter of Transmittal Dr. Shamsul Islam Latifi Associate professor‚ Dept. of Economics Asian University of Bangladesh. Sub: Letter of Transmittal. Dear
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Macro aggregate factors shape the country’s overall economy. In order to find out any country’s economic condition real growth in GDP‚ Rate of inflation‚ GDP deflator‚ Economic participation rate etc are crucial macro aggregate factors. Among the five major macroeconomic indicators – GDP Growth‚ Inflation‚ Remittance‚ Export and Import‚ four indicators have been analyzed to understand the economic condition of Bangladesh. For simplicity‚ and limitation of data availability and to keep the report within
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