Strategic Analysis of Bangladesh: A review with economic perspective of SAARC Nations

Demographic profilePopulation

Total Area

Growth Rate

Life Expectancy

Fertility rate

GDP per capita

GDP Growth Rate

HDI (2013)

Currency ImportExport

154.7 million(2012)

147,570 km^2

1.59%

70.36 years

2.6 children born/woman

US $1,044

6.5%

0.515

Taka

$29.27 billion (2013)$30.25 billion (2013)

SAARC Perspectives

• Formally established on 8th Dec 1985

• Headquarter – Kathmandu, Nepal

• Present Secretary General – Ahmed Saleem ( Maldives)

• 8 member countries

• Dedicated to economic, technological, social, and cultural development emphasizing collective self-reliance

Bangladesh Involvement with SAARC

• The idea of South Asian regional cooperation was first suggested by Bangladesh on 197

• Emphasis on promoting peace and cooperation

Trade Relation

PEST Analysis: Bangladesh

Political Factors:

• Challenge to create a real participatory democracy

• Issues of good governance and corruption

• Political instability• Centralized local government • Environmental degradation

Economic factors:

• Inflation rate• Pursue foreign investment

actively• Reduction in poverty• Foreign trade regulations and

attitude towards foreign companies

• Economic growth rate

Social factors:

• Social changes • Demographic trend and

consumer expenditure

Technological factors

• Technological advancements• Heavy reliance on imported

technologies• A National Science and

Technology policy adopted by the Government

Key success factor

Foreign direct investment

Agriculture

Manufacturing

Bangladesh: SWOT

• Geographic location.• Fisheries and agricultural

production• Manufacturer of garments• Massive growth in tourism industry• Poverty reduction

• Low literacy rate.• Slow development in economy• Poor infrastructure• High level of corruption • Rapid population growth

• Diversifying its export.• The labor market can be improved.• From its export revenue, FDI can

be improved• Ability to improve its education.

• Political instability• Limited CSR, hampering the

domestic economy• Limited export commodities

StrengthWeakness

Opportunities Threats

Strategic Grouping

Bhutan

SriLanka

Maldives

Pakistan

HIGH

LOW

HIGH LOW

Man

ufa

ctu

rin

g in

du

stri

es

India

GDP per capita

Bangladesh

Nepal

Afghanistan

Problems Faced by Bangladesh

1. Poverty and over population

2. Environmental Issues

3. Rapidly growing labor force that cannot be absorbed by agriculture

4. Insufficient power supply

5. Government issues

Reference

http://data.worldbank.org/indicator/NY.GDP.PCAP.PP.CD?order=wbapi_data_value_2012+wbapi_data_value+wbapi_data_value-last&sort=desc

http://books.google.com.np/books?id=KRxsrCVH_mUC&pg=PA81&lpg=PA81&dq=industrial+development+of+saarc+countries&source=bl&ots=bb7zFXW7oq&sig=DiNEt5QwUiH0AJPfZf1P7mdBGWY&hl=en&sa=X&ei=DBFtUuePKYizrgfl_YGgDA&ved=0CDQQ6AEwAA#v=onepage&q=industrial%20development%20of%20saarc%20countries&f=falsewww.saarcchamber.com

http://www.gtu.ac.in/ABP/GCSR%20PDF%202013/727%20Bangladesh%208-.pdf

THANK YOU

• Dhurba Godar• Amrita Gurung• Ashmita Gurung• Sunita Gurung• Sandup Tsering Sherpa