Bangladesh economy a swot analysis

Is the garment industry in need of sizeable cost reductions in transport and port charges? Several other developments also threaten to undermine the sociopolitical stability and future economic progress, such as the challenge to ensuring good governance and stable law and order situation, reducing corruption and ensuring political stability, and adverse global developments including terrorism and sharp increase in commodity prices in the global market.

Such free feasibility studies examine what kind of project should be built rather than if it is sensible to build the project. A feature of both a weakness and a threat is the rapidly rising inequality in income and wealth, which neither supports economic efficiency nor social equity.

In particular, SWOT analysis is forward looking; it is less for the past than for the future. Bangladesh made very well in achieving millennium development goals, we meet almost all of the goals of MGD.

Although Bangladesh is a new nation, it represents an old and flexible civilization. Remittances from overseas workers remain strong, though growth in remittances could slow following an apparent slowdown in the numbers of Bangladesh workers going abroad.

From a strategic perspective, I would try to briefly identify some of the major strengths and weaknesses of Bangladesh Economy. When waste and corruption are combined, those who profit from a bad project derive benefit but society still loses. Beginning in latethe government gradually gave greater scope to private sector participation in the economy, a pattern that has continued.

The country's vulnerability to natural disasters has significantly declined that used to inhibit greater investment flow and reduce its productivity and return in the past. Raising educational quality as opposed to coverage requires training of teachers, developing curricula that fit current circumstances, providing better incentives, improving supervision and management, and other measures that can take several years.?

Gains in increasing political and electoral participation of women, enhancing press freedom, and creating a vibrant civil society are important for strengthening democratic institutions and consolidating human rights. The threat is that governance would become worse and economic decisions would further concentrate wealth, fund capital flight, and increase social tensions.

In the future, improper management of development may accentuate poverty and inequality leading to social instability. If foreign direct investment FDI is low, then improvements in governance, infrastructure, and investment climate can attract more investments.

However, slowdown of public expenditure is expected from slower growth of development expenditure rather than revenue expenditure.

Swot Analysis Bangladesh Economy

Of course, poor health and education and rising corruption create many other ills in society. A SWOT analysis of Bangladesh Economy has uncovered its overall strength, weakness, opportunity and threat in terms of its current position in world economy.

A great deal of attention has been placed on corruption in Bangladesh. This is socially destabilizing as underemployed urban masses and a swelling rural landless people are much more volatile than a well-rooted community of employed non-farm workers and landed farmers.

Swot Analysis Bangladesh Economy

However, slowdown of public expenditure is expected from slower growth of development expenditure rather than revenue expenditure. Corruption must be fought, but we must remember that it exists in all societies. Bangladesh sits on strategic trade lanes and Chittagong can emerge as a major port to service the regional economies.

Bangladesh made very well in achieving millennium development goals, we meet almost all of the goals of MGD. In particular, SWOT analysis is forward looking; it is less for the past than for the future.

Much less attention, however, has been placed on a related but equally serious problem which is the issue of waste. These studies are often a rich source of technical data but a poor and weak guide to underlying economics of the project.

In fact, many less successful countries will have to struggle for long uncertain period. Remittance inflow plays very crucial role in Bangladesh's economy.

The remittances from overseas workers have already become a great source of strength and this can be increased manifold with right policies. Private sector credit, however, is projected to rise during FYFY Over the last few decades, Bangladesh has been following a development path that was blazed by the fast growing Asian economies with export led growth fuelling higher living standards and falling poverty.

Seventy million dollars was made available immediately. A higher demand for skilled workers can create an incentive for better training and education. In a sense, many of the weaknesses that can be remedied are opportunities. The ongoing process of mainstreaming women into development is a strategic strength to bring wider and deeper social and economic changes.

Such a target would require reversal of the prevailing price dynamics and demand an all out effort to increase domestic production at a time when world price is not showing any sign of retreat. If it is shut down, there is a huge loss.SWOT Analysis Report – Bangladesh.

2. As the name implies, a SWOT analysis consists of four categories: strengths, weaknesses, opportunities, and threats. These categories can further be defined as either internal or external factors.

Strengths and weaknesses are often. SWOT analysiss of Bangladesh Economy () A SWOT ANALYSIS OF BANGLADESH ECONOMY. Prepared By: Md. Moshiur Rahman, MBA BRAC University ID: Abstract: Although one of the world's Asian Development Bank (ADP) has launched an analysis on Bangladesh Economy.

Bangladesh Economy: A SWOT Analysis. SWOTAnalysis: A SWOT analysis is a strategic balance sheet of an organization; that is the strengths of the organization, the weaknesses of the organization, the opportunities facing the organization, and the threats facing the organization.4/4(5).

Transcript of Bangladesh SWOT Analysis. Bangladesh Located in southern Asia Population is over million people Bangladesh's economy can prosper with a decrease in transportation costs. New labor markets, if found could have a positive impact on people unemployed. A SWOT analysis of Bangladesh Economy has uncovered its overall strength, weakness, opportunity and threat in terms of its current position in world economy.

Despite some strengths and opportunities, Bangladesh has lots of weaknesses and threats that could seriously undermine nation's development process at any time. This paper aims to examine Bangladesh's overall economy with special focus on strengths, weaknesses, opportunities, threats (SWOT) analysis.

The research has found that Bangladesh is going to encounter series of economic hurdles in near future.

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Bangladesh economy a swot analysis
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