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Thursday, July 5, 2012
Consolidating and Accelerating Exports in BD
World Bank publishes a report 'Consolidating and Accelerating Exports in Bangladesh' written by Md. Abul Basher et al. The following issues came up in the report:
Bangladesh not only needs to consolidate existing strengths in basic garments, but also plan for the future.
While garments will continue to dominate exports, encouraging diversification will help guard against shocks and maintain export growth in the longer term.
Export growth can accelerate, provided critical bottlenecks are addressed, including trade logistics, skill shortages, and compliance with Government labor standards.
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