THE BANGLADESHI BUSINESS CLIMATE AT A GLANCE

The Bangladeshi economy has appeared reasonably resilient in recent years, with International Monetary Fund figures showing the GDP growth forecast to average 5.3% per year between 2000 and 2005, up from an average of 3.4% in the 1980s and 4.8% in the 1990s. The garment industry has been an importan...

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Bibliographic Details
Published in:Apparel 2005-10, Vol.47 (2), p.56
Main Authors: Kaye, Daniel, Arendse, Leanne
Format: Article
Language:English
Subjects:
Clothing industry
Economic forecasts
Economic growth
GDP
Gross Domestic Product
Remittances
Online Access:Get full text
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Summary:The Bangladeshi economy has appeared reasonably resilient in recent years, with International Monetary Fund figures showing the GDP growth forecast to average 5.3% per year between 2000 and 2005, up from an average of 3.4% in the 1980s and 4.8% in the 1990s. The garment industry has been an important contributor to the economy's growth, along with strong increases in remittances. Yet while they work to boost the economy's growth path through normal policy measures, the authorities have some deep-rooted, yet conventional, issues to confront.
ISSN:1543-2009