ABSTRACT
The aim of this paper is to discuss and suggest ways to overcome the barriers hindering the economic development of Bangladesh, including the steps the government has taken and is taking for a better future. The inefficiency of government policies, administration, systems and managements has been discussed and the importance of education to raise awareness among the mass illiterate population of the nation has been pointed out. Researches and Developments made by the Agriculture Department Of Bangladesh to multiply the harvest to feed the huge population and theories applied to prevent flood water washing away crops has been mentioned. The paper-work deals with corruption at different levels of the government and how corruption can be reduced in the nation through introduction of strong judiciary laws and how the taxation system can be improved to increase the annual national revenue such that the country does not have to depend competely on foreign funds and aids for developmental works and infrastructure development. The opinions of renowned economists concerned with the economy of Bangladesh has been discussed and the work has been made supported by their views.
TABLE OF CONTENTS
List Of Figures
List Of Tables
Abbreviations
1. INTRODUCTION
Chapter 1.1 History & Background
Chapter 1.2 Motivation To Choose The Topic
Chapter 1.3 Research Aim
Chapter 1.4 Research Questions
Chapter 1.5 Limitations
Chapter 1.6 Bangladesh In Brief
Chapter 1.6.1 Geography & Climate Of Bangladesh
Chapter 1.6.2 Demography Of Bangladesh
Chapter 1.6.3 Economy Of Bangladesh
2. THEORY
Chapter 2.1 Short Review On Literature On Economical Development; Views Of Experts Followed
Chapter 2.2 Towards A Theoretical Framework
3. PROBLEMS BARRICADING THE DEVELOPMENT OF BANGLADES
Chapter 3.1 Barriers To Growth & Economical Development
4. POPULATION
Chapter 4.1 Population of Bangladesh And Its Effect
Chapter 4.2 Solution To Population Problem
5. NATURAL CALAMITIES & ENVIRONMENT PROBLEM
Chapter 5.1 Natural Calamities And Its Effect
Chapter 5.2 How To combat and minimize the effect of Natural Calamities
6. POLITICAL INSTABILITY
Chapter 6.1 Background
Chapter 6.1.1 Bangladesh From 1971-1990
Chapter 6.2 Unending Political Instability
Chapter 6.3 Solution To Political Instability
7. INEQUALITY
Chapter 7.1 Introduction
Chapter 7.2 Tax, Taxation System & Revenue Increases Through Taxation
Chapter 7.3 VAT(Value-added Tax)
Chapter 7.4 Tax Flexibility In Manufacturing Industries
Chapter 7.5 Luxury Tax
Chapter 7.6 Solution To Inequality
8. CORRUPTION
Chapter 8.1 Corruption in Bangladesh
Chapter 8.2 Possibilities To Call An End To The Corruption
9. DISCUSSION & CONCLUSION
List Of References
APPENDICES
Chapter-1: INTRODUCTION
Bangladesh, a country located in the south-east Asian region, inhabits above 160million people in 55.598 sq.mile.
The country is surrounded by India on all sides, except Burma(Myanmar) bordering the far southeast region and Bay Of Bengal to the south. The economy of Bangladesh is agriculture based, nearly half of the population is engaged in agriculture and farming.
Chapter-1.1 History & Background
Bangladesh, since its independence in 1971, had to experience several military rules besides democratically elected government associated with major political assassinations. Regardless of all the aroused disputes, the country constantly pushed to achieve economical, social and developmental success through introduction and implementation of different policies during the ruling period of different elected governments as well as at the time when the country was declared to be under the emergency rule. Bangladesh, named in the list of the developing nations, is blessed with several natural advantages over developed countries. Examples of such are huge reserves of oil, natural gas, coal, timber and the only natural port of the world that connects SAARC and ASEAN business hub together. The utilization of such natural assessts are close to zero. Foreign donors are granting financial aids for reformation and infrastructure development of the country. Loans are being taken on heavy interest, by GOB, from World Bank and Asian Development Bank for developmental purposes.
Henry Kissinger, US Secretary Of State(1973-1977), pointed Bangladesh as ‘’a bottomless basket’’ in 1974. Considering foreign interests about Bangladesh developments, associated with improper management of the government, corruption, influences of power against the system, political conflicts between the political parties, fraudulent in tax and taxation system, lack of proper education, lack of family planning, etc. today resulted the nation to end up with unemployment rate of 4.8% and 36.3% population under poverty line(CIA Factbook, 2010).
Chapter-1.2 Motivation To Choose The Topic
The mass population of Bangladesh is under poverty line, struggling hard to live with $1 or below as daily expense. The distribution of income dilemma statistics is unpredictable and uneven. The variation of income and wealth possession between the upper-middle class (letting alone other classes lower than upper-middle class) and the rich class is too high. Being blessed by natural resources and assets, the cheap labor force utilization dragging...
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