Bangladesh Economy a Swot Analysis - 3420 Words

[2010] [Bangladesh Economy: A SWOT Analysis] Course Title: HRM 501 Submitted to: Lieutenant General Mohd. Aminul Karim MBA Program BRAC University Prepared by: Nushrat Sharmin ID # 09264022 MBA Program Summer 2010 Semester Introduction This paper aims to examine Bangladeshs 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. 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. Despite this, it is not too difficult to posit that†¦show more content†¦Beginning in late 1975, the government gradually gave greater scope to private sector participation in the economy, a pattern that has continued. A few state-owned enterprises have been privatized, but many, including major portions of the banking and jute sectors, remain under government control. Population growth, inefficiency in the public sector, resistance to developing the countrys richest natural resources, and limited capital have all continued to restric t economic growth. In the mid-1980s, there were encouraging, if halting, signs of progress. Economic policies aimed at encouraging private enterprise and investment, denationalizing public industries, reinstating budgetary discipline, and liberalizing the import regime were accelerated. From 1991 to 1993, the government successfully followed an enhanced structural adjustment facility (ESAF) with the International Monetary Fund (IMF) but failed to follow through on reforms in large part because of preoccupation with the governments domestic political troubles. In the late 1990s the governments economic policies became more entrenched, and some of the early gains were lost, which was highlighted by a precipitous drop in foreign direct investment in 2000 and 2001. In June 2003 the IMF approved 3-year, $490-million plan as part of the Poverty Reduction and Growth Facility (PRGF) for Bangladesh thatShow MoreRelatedMarketing1853 Words   |  8 PagesTHE SWOT ANALYSIS OF TOURISM DEVELOPMENT IN BANGLADESH [pic] Based on a Study of MARKETING MANAGEMENT TERM PAPER ON THE SWOT ANALYSIS OF TOURISM DEVELOPMENT IN BANGLADESH |SUBMITTED TO | |MD. ABDULLAH | |Assistant Professor Read MoreSwot Analysis of Indian Economy762 Words   |  4 PagesSWOT Analysis of various sectors of Indian Economy. 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