By Sanjay Kathuria,Mariem Mezghenni Malouche
The Diagnostic alternate Integration research identifies the next activities established round 4 pillars to maintain and speed up export progress: (1) breaking into new markets via a) greater exchange logistics to lessen supply lags ; as global markets develop into extra aggressive and more moderen items call for shorter lead instances, to generate new resources of competitiveness and thereby let marketplace diversification; and b) higher exploitation of local buying and selling possibilities in within sight transforming into and dynamic markets, in particular East and South Asia; (2) breaking into new items via a) extra impartial and rational alternate coverage and taxation and bonded warehouse schemes; b) concerted efforts to spur household funding and allure overseas direct funding, to give a contribution to export advertising and diversification, together with by means of easing the strength and land constraints; and c) strategic improvement and advertising of companies alternate; (3) enhancing employee and customer welfare by way of a) enhancing talents and literacy; b) enforcing hard work and paintings defense instructions; and c) making security nets more advantageous in facing exchange shocks; and (4) development a supportive surroundings, together with a) maintaining sound macroeconomic basics; and b) strengthening the institutional potential for strategic coverage making aimed toward the target of foreign competitiveness to assist carry concentration and coherence to the government’s reform efforts.
This 3rd quantity offers in-depth research of 8 varied production and companies sectors of the Bangladeshi economic climate, which support to demonstrate the thematic research of quantity 2 and floor it in quarter reviews. in addition to pointing to cross-cutting subject matters, the research additionally highlights a few particular concerns and activities which could aid relieve constraints to quicker export progress in those sectors.
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Extra info for Attracting Investment in Bangladesh—Sectoral Analyses: A Diagnostic Trade Integration Study (Directions in Development;Directions in Development - Trade)
Attracting Investment in Bangladesh—Sectoral Analyses: A Diagnostic Trade Integration Study (Directions in Development;Directions in Development - Trade) by Sanjay Kathuria,Mariem Mezghenni Malouche