Dependency of Bangladesh

Better Essays
Topics: Bangladesh
1. Trade Dependency:

Bangladesh is dependent on many countries of the world for a lot of commodities and this dependency arises out of the local incapacity to produce these goods. Some of the areas in which Bangladesh is dependent are food items, petroleum, capital goods, mineral products, different kind of chemicals, raw materials for the textile industry and the pharmaceutical industry, plastic products etc.

1.1 Food Dependency

In the year 2003-2004 the total amount of food imports amounted to Tk.58,713,105 (in thousands). Food items include live animals, grains, edible fruits and vegetables, sugars, dairy products.

Live animals, e.g. cow are a major sector of dependency in particular time of the year (Eid-ul- Adha). Large numbers of cows are imported from mainly India to meet the excess demand at that time. India is our largest supplier of edible fruits and vegetables, sugar and dairy product. In 2003-2004, crops worth Tk.6,693,978(in thousands) and, sugar worth Tk. 1,650,323(in thousands) were imported. It can be easily said that for food items Bangladesh is dependent to a large extent on India.

It is quite unnatural that Bangladesh, being an agriculture-oriented country still has to import a large amount of food items. This is due to the mounting difficulty for the domestic crop producers to satisfy the needs of the increasing population. It can also be said that the dependence for food items depends on particular situations. For example, in the summer large quantities of mango are imported from India, in times of flood or drought rice, sugar and other staple foods have to be imported.

There are also a number of luxury food items that are imported e.g. coffee, cereals. These items are not produced locally. Due to increasing demand for these items, they are imported.

1.2 Petroleum and Capital Goods Dependence

Bangladesh is 100% dependent on other countries for petroleum or crude oil. Bangladesh imports crude oil from a number of

You May Also Find These Documents Helpful

  • Better Essays

    Dependency Theory

    • 2885 Words
    • 12 Pages

    Background Dependency Theory developed in the late 1950s under the guidance of the Director of the United Nations Economic Commission for Latin America, Raul Prebisch. Prebisch and his colleagues were troubled by the fact that economic growth in the advanced industrialized countries did not necessarily lead to growth in the poorer countries. Indeed, their studies suggested that economic activity in the richer countries often led to serious economic problems in the poorer countries. Such a possibility…

    • 2885 Words
    • 12 Pages
    Better Essays
  • Good Essays

    Dependency Theory

    • 873 Words
    • 4 Pages

    What is Dependence Theory? Dependency theory is a theory of how developing and developed nations interact. It can be seen as an opposition theory to the popular free market theory of interaction. Dependency theory was first formulated in the 1950s, drawing on a Marxian analysis of the global economy, and as a direct challenge to the free market economic policies of the post-War era. The free market ideology holds, at its most basic, that open markets and free trade benefit developing nations, helping…

    • 873 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Functional Dependency

    • 447 Words
    • 2 Pages

    Functional Dependency Functional Dependency is the starting point for the process of normalization. Functional dependency exists when a relationship between two attributes allows you to uniquely determine the corresponding attribute’s value. If ‘X’ is known, and as a result you are able to uniquely identify ‘Y’, there is functional dependency. Combined with keys, normal forms are defined for relations. Examples Bear Number determines Student Name: BearNum ---> StuName Department Number…

    • 447 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Oil Dependency

    • 917 Words
    • 4 Pages

    Brian Turner Turner 1 Professor Dimon English 091 November 5, 2006 "Oil Dependency: Increase Research Funds" America's dependency on foreign oil is slowly crippling the average citizen's hard-earned income with outrageous fluctuation in gas prices. The American government seriously needs to step it in gear and start taking action on possible supplemental energy sources to replace foreign…

    • 917 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Power and Dependency

    • 407 Words
    • 2 Pages

    Section B: The Power-Dependency Relationship In order to understand power, one must understand that it comes from dependency. Power and dependence have a causal relationship in that power creates dependence and vice versa. In addition, power and dependence are positively correlated because the degree of power A has over B is equal to the degree of dependence A has on B (Molm, 1990). Therefore, the more power A has over B, the more dependent B will be on A. “Dependence increases when the resource…

    • 407 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Chemical Dependency

    • 2244 Words
    • 9 Pages

    Running head: CHEMICAL DEPENDENCY PAPER Chemical Dependency Paper Linda D. Miles University of Phoenix Child Therapy MFFC/536 Robert Skaff October 01, 2008 Chemical Dependency Paper Chemical Dependency Paper This paper will discuss Chemical Dependency or Substance Dependency and Substance Abuse in Adolescents; specifically the development, progression and biopsychosocial of dependency and abuse in the adolescent population. The definition of epidemiology and…

    • 2244 Words
    • 9 Pages
    Powerful Essays
  • Better Essays

    Task Dependencies

    • 1175 Words
    • 5 Pages

    Task dependencies Wysocki (2012, pp.204) identified dependencies as “a relationship that exists between pairs of tasks”. In projects planning, the work breakdown structure (WBS) forms the basis for determination of tasks and their dependencies. Once the WBS is established - often in diagrammatical form, tasks and their dependencies can be easily mapped in the project network diagram. Project network diagram graphically represents project commencement and ending with tasks, activities, various…

    • 1175 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Dependency Theory

    • 2098 Words
    • 9 Pages

    This essay will start by giving an introduction and a brief history of the origins of dependency theory and how these developing countries have found themselves in the state of dependency. It will then proceed to outline and discuss the major tenets of the dependency model. The essay will further analyze why developing countries have maintained links with the western societies even after realizing that the same links have played a role in under developing these third world countries and then a…

    • 2098 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    Memory Dependencies

    • 529 Words
    • 3 Pages

    1. When predicting memory dependencies, what is the cost of "over predicting" (falsely predicting dependence)? What is the cost of "under predicting" (failing to predict an actual dependence)? Ans : While predicting memory dependencies, the cost of "over predicting" (falsely predicting a dependence) will be a delay in loading an instruction. Over predicting might create a false dependency on the last store instruction and thus generating confusion with the scheduler. The cost of "under predicting"…

    • 529 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Dependency Theory

    • 1279 Words
    • 6 Pages

    with its dependency. The dependency started fairly long ago which is almost impossible to break as of now. The reason for Haiti’s underdevelopment can only be explained by dependency theory. It is arguable that modernization theory can also be applied in the case of Haiti’s failure; but Haiti’s failure is very closely related to its hundreds of years of history. It is true that Haiti could have left their culture and beliefs; but if they could not break the chains of their dependency then there…

    • 1279 Words
    • 6 Pages
    Better Essays