Nevertheless, the dynamism will be relatively dependent on the establishment of a clear economic agenda by the government ininstitutional reforms, and the resolution of the crisis of the Rohingya population — a Muslim minority in a Buddhist majority country, in the state of Rakhine western part of the country. The agricultural sector, which benefited from favourable climatic conditions inwill continue to develop innotably due to large water collection from dams.
In90 percent of Bangladesh's total earnings Economic analysis of bangladesh garment exports came from its exports to the United States and Europe. Bangladesh was expected to suffer the most from the ending of the MFA, as it was expected to face more competition, particularly from China.
However, this was not the case. It turns out that even in the face of other economic giants, Bangladesh's labor is "cheaper than anywhere else in the world. However, this act was temporarily suspended for Bangladesh by President Obama after the Rana Plaza collapse in Of the millions of wage earning children in Bangladesh inalmost all of them worked in the ready-made garment industry.
This number may have been as high as 15 million children. Its impact on Bangladesh's economy would have been significant as the export-oriented ready-made garment industry represents most of the country's exports.
One study estimated that there wereworkers in the industry. Estimates from the World Bank put the number of female workers in the industry in the s at 50,; that number was brought up to 2.
Bangladesh's flagship export-oriented ready-made garment industry, however, with female labor accounting for 90 percent of the work force, was "built to a large extent, on the supply of cheap and flexible female labor in the country.
This has given women the chance to be financially independent and have a voice in the family because now they contribute financially.
Most women come from low income families. Low wage of women workers and their compliance have enabled the industry to compete with the world market. Women are paid far less than men mainly due to their lack of education. But, pressure from buyers to abide by labor codes has enabled factories to maintain satisfactory working conditions.
The first protests broke out inand since then, there have been periodic protests by the workers. Many textile factories in Bangladesh often compromise worker health and safety because of the tough pressure from the ordering companies to make tight deadlines.
Management will often push workers in order to ensure that an order is fulfilled. This poses a problem as workers have almost no avenues with which to file a complaint.
Almost none of the factories have any sort of human resources department and local officials often turn a blind eye to violations.
Without any structure like a formalized union, many lack the ability to speak of injustices either from lack of knowledge or fear of losing economic security.
The scenario becomes worse when it comes to women workers. The female workers are exposed to different occupational health hazards such as work environment hazards, physical hazards and mental hazards. The work environment hazards include long working hours, absence of leave facilities, congested and overcrowded working conditions, absence of health facilities and safety measures, absence of staff amenities, lack of safe drinking water.
On the other hand, the physical hazards include exposures to toxic agents, awkward postures and repetitive motion.
Exposure to sexual, verbal and psychological harassment and violence at their work places are the some of the common mental health hazards. These complaints are related to highly repetitive movements, awkward postures in seated positions, repetitive hand and arm movements, prolonged working hours without adequate breaks and poorly designed work stations.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).
Myanmar’s economic growth is set to remain one of the region’s highest in Activity benefited from the democratic transition and the arrival to power of the National League for Democracy (NLD) in April Nevertheless, the dynamism will be relatively dependent on the establishment of a clear economic agenda by the government in , institutional reforms, and the resolution of the.
Provides information on development assistance to Bangladesh, economic data and analysis, the latest news and publications, and regional initiatives. This publication showcases stories of successful partnerships between the Asian Development Bank and its member countries in Asia and the Pacific.
RMGs are the finished textile product from clothing factories and the Bangladeshi RMG sector is one of the fastest growing sectors in the Bangladeshi economy, with a growth rate of 55% from to Exports of textiles, clothing, and ready-made garments (RMG) accounted for 77% of Bangladesh's total merchandise exports in By the (RMG) industry was the only multibillion-dollar.
A farm economic analysis in different dairy production systems in Bangladesh M M Uddin, M N Sultana*, O A Ndambi*, T Hemme* and K J Peters Department of Animal Breeding in the Tropics and Sub-tropics, Humboldt University of Berlin, Germany.
Data and research on economic outlooks, analysis and forecasts, including economic projections, economic outlooks, economic surveys, OECD forecasts during and after the financial crisis.