Impact of RMG sector in Bangladesh economy Since the late 1970s‚ the RMG industry started developing in Bangladesh primarily as an export-oriented industry although; the domestic market for RMG has been increasing fast due to increase in personal disposable income and change in life style. The sector rapidly attained high importance in terms of employment‚ foreign exchange earnings and its contribution to GDP. Table: 1 |Major Products Export From Bangladesh And Contribution| |to GDP
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on the economy of Bangladesh: Introduction: Bangladesh is currently one of the 12 largest exporters of garments products in U.S.A and U.K. In spite of this‚ the real situation does not come in front of the world. That is they are not becoming influenced like before any more. We can see this by the price level of our garments products in the world market. The quantity we are exporting is huge but at a very low price. In the statistics the impact may be huge but the condition of Bangladesh is not
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Contribution of the RMG Sector to the Bangladesh Economy Debapriya Bhattacharya Mustafizur Rahman Ananya Raihan Centre for Policy Dialogue House No 40/C‚ Road No 11 (new)‚ Dhanmondi R/A‚ Dhaka-1209 Mailing Address: GPO Box 2129‚ Dhaka 1000‚ Bangladesh Tel: (880 2) 8124770‚ 9141703. 9141734; Fax: (880 2) 8130951 E-mail: cpd@bdonline.com; Website: www.cpd-bangladesh.org October‚ 2002 The Centre for Policy Dialogue (CPD)‚ established in 1993‚ is a civil society initiative to promote an
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The economy of Bangladesh is a rapidly developing market-based economy. Its per capita income in 2010 was est. US$1‚700 (adjusted by purchasing power parity). According to the International Monetary Fund‚ Bangladesh ranked as the 44th largest economy in the world in 2011 in PPP terms and 57th largest in nominal terms‚ among the Next Eleven or N-11 of Goldman Sachs and D-8 economies‚ with a gross domestic product of US$269.3 billion in PPP terms and US$104.9 billion in nominal terms. The economy has
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Dear Ms. Patterson‚ The movie I watched for my movie project was Annie. Annie is in the time period of the Great Depression‚ in 1933. I think that this movie is a good source of history during this time because‚ money was an issue‚ people did what they could to make others happy‚ and people were in and out of jobs. Franklin Roosevelt was president at the time of the Great Depression and he was also president in the movie I watched (The Great Depression). The separation between the rich and the
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Economic and Employment Opportunities of Tourism in Bangladesh : A Study on Bangladesh Parjatan Corporation 1. Prelude The New Millennium and the coming decades are very much crucial for the developing countries to achieve sustainable economic growth. Tourism is considered to be a large income generator of the world economy contributing over 10 percent to Gross Domestic Product (GDP). For at least one third of the developing countries‚ the tourism receipts are the main source of export revenue
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History of German economy (1945-1991) When de Second World War finished in 1945 Germany was divided in two parts‚ the east part‚ the German democratic republic was under the influence of the URSS. The west part was formed by the zone liberated by the USA army during the war and also west Berlin ( berlin was in the east part nevertheless the west part was a lander of east Germany and was separated from the rest by the famous Berlin wall) it was a real democracy and a capitalist country. East Germany
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of Long-Term Unemployment on the U.S. Economy Unemployment is an extremely serious and scary issue due to the effect it has on our current state of economy. As a student and a future graduate‚ I am extremely concerned with this subject. If the job-market situation does not change for better‚ unemployment can represent a serious issue for all students‚ recent graduates‚ and current unemployed workers. And can have a significant effect on socioeconomic conditions and therefore‚ economy itself. When
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1.0 INTRODUCTION TO UNEMPLOYMENT Unemployment is a situation where people have no job whether they are quitted or being fired and they are actively searching for it. There are two theories that were explained about unemployment that is Classical theory and Keynesian theory. 2.0 THEORIES THAT EXPLAIN UNEMPLOYMENT 2.1 CLASSICAL THEORY The first theory is Classical theory. It was first developed by Karl Max. From this theory it state that the level of unemployment will increase if there is government
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MONETARY POLICY OF BANGLADESH AND ITS IMPACT ON ECONOMY Monetary policy is concerned with the measures taken to control the supply of money‚ the cost and availability of credit. Further‚ it also deals with the distribution of credit between the uses and the users‚ the lending and borrowing rates of the banks. In a developing country like ours the monetary policy has been effectively used as a tool for overcoming depression and inflation. As Prof R. Prebisch writes “The time has come to formulate
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