This paper discusses the People's Republic of Bangladesh (Bangladesh), especially its economic status.
Written in 2008; 1,545 words; 5 sources; APA; $ 50.95
Paper Summary:
This paper explains that the People's Republic of Bangladesh (Bangladesh) is located in the northeast subcontinent of India. The author points out that a great geographic disadvantage and advantage of Banbladesh is that a large portion of Bangladesh is formed by the delta of three great rivers, the Ganges, Brahmaputra and Meghna, which frequently flood but leave behind a great deal of fertile soil. The paper underscores that the government of Bangladesh has undergone numerous changes since it independence in 1971. The author stresses that, although its economy has improved considerably since becoming an independent nation, Bangladesh is one of the poorest countries in the world. The also paper relates that the Bangladesh economy is quite corrupt. The author believes that, despite its many various downsides, Bangladesh's economic status has a potentially bright future because of its strong economic and trade relationship with the U.S.
Table of Contents:
Historical Introduction
Geography
Culture
Politics
Economics
Current Statistics
Considerations
Personal Thoughts
From the Paper:
"According to estimates from last year Bangladesh's GDP is about $330.8 billion, while GDP per capita is $2,200. Taken from the same year the country's estimated real GDP growth rate is 6.1 percent, while the inflation rate is even higher at 7.2 percent ("The World," 2007). Current estimates state that, in order to significantly better the standards of living for its people, the country must experience and uphold a growth rate of at least 7-9 percent (usembassy.gov). Regardless of this statistic Bangladesh has made some very significant economic improvements in the past decade, which is proven by its surprisingly low unemployment (including underemployment) rate of 2.5 percent in 2006. Despite a few big steps in the right direction, however, the economy of Bangladesh still has much room for advancement. In 2006 exports reached about $11.17 billion, but the country imported even more, at $13.77 billion, making the trade balance of Bangladesh quite unfavorable ("The World," 2007)."
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