Analytical Reflection of Balance of Payment Concerning Economy of Bangladesh
Journal Title: International Journal of Economics, Commerce and Research (IJECR) - Year 2018, Vol 8, Issue 2
Abstract
A country’s balance of payment articulates whether that country hoards abundant to recompense for its imports. It harmoniously divulges whether the country harvests enough economic yields to pay for its advancement. As a developing country, it cannot be supposed that, the performances of Bangladesh in Balance of Payments are good-looking. The objective of this coursework is to develop some ideas regarding the recent trends of balance of payments of our country. The coursework has employed secondary data to validate the conclusions. The conclusion is that Bangladesh should overwhelmed its undesirable trade balances through swelling its export earnings and reducing the dependency on imports. There are roughly potential sources which can help to facilitate exports. Concentration should be distracted from import to the development of domestic industry by utilizing resources and providing eminence products. The positive thing is that still Bangladesh has a great prospect in Balance of Payment
Authors and Affiliations
NARGIS SULTANA
Keywords
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- EP ID EP343903
- DOI 10.24247/ijecrapr20183
- Views 114
- Downloads 0
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