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ID170172
Title ProperEconomic Growth Rates and Exports of Bangladesh
Other Title Informationthe Bengal Tiger?
LanguageENG
AuthorIslam, Mohammad Rafiqul
Summary / Abstract (Note)Global images of Bangladesh as a desperately poor country in need of foreign aid require revision in light of recent statistics that confirm impressive economic growth rates despite protracted political problems and climate-related risks. The article presents and discusses statistical evidence relating to recent economic growth rates of Bangladesh in terms of export, import and gross domestic product. This confirms the status of the country as a new tiger economy, moving away from its traditional dependence on agriculture. However, excessive reliance on exports of ready-made garments is found to be risky, while a more balanced growth model with a diverse basket of exports seems advisable.
`In' analytical NoteSouth Asia Research Vol. 39, No.3; Nov 2019: p.285-303
Journal SourceSouth Asia Research 2019-10 39, 3
Key WordsEconomy ;  GDP ;  Bangladesh ;  Exports ;  Imports ;  Ready-Made Garments