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Modern Technology and Globalization

Advances in technology are one of the main reasons that globalization has escalated in the past decade. In information and communication technology, innovations have become smaller in size, more efficient and often more affordable. In transport technology, vehicles have tended to become larger and faster, as well as becoming more environmentally friendly and cheaper to run. Whether for personal use or for business, technology has made the world seem a smaller place and assisted in the rise of globalization. The tends of technological changes have taken place since the industrialization revolution, relating from production, distribution and communication, that has fueled the globalization. It has brought about innovation and interaction between nations that weren't possible before. That has led to some of the greatest innovation and interaction between nations that weren't possible before. That has led to some of the greatest invention that revolutionized trade, communication ...

Bangladesh A Rising Economy

Bangladesh is a developing country. Bangladesh is now the world's 41th largest economy as per UK-based think tank Centre for Economics and Business Research (CEBR) . A great deal that has happened in the economy since independence in 1971 has supported the hope that the country will eventually overcome its dependence on foreign aid and approach relative self-sufficiency. Since the independence in 1971 Bangladesh has remarkably improved in agriculture sectors, RMG sectors, leather sectors and remittance sectors etc. Bangladeshis earn most of their living from agriculture. About 41% of Bangladeshis are involved in agriculture. Since the independence the overall effort by the government of Bangladesh to improve the agriculture sectors has noticeably been seen and for that Bangladeshi has improved the sector appropriate technology, modern agriculture system and improved agro-seeds and agro-machine. For that reason, the agriculture sectors have contribute and are still contributing in...

The Challenges of achieving Middle income Country status for Bangladesh

Bangladesh has got it's independence from Pakistan in 1971 through a nine month long bloody war. Bangladesh was ruled by the unconstitutional power till 1990 and then came back into a democratic country with some interruptions. Up to 1990, the GDP growth of Bangladesh was well below potential. But in the mid 90s, the economy slowly emerged and there has been observed a shift form the agriculture-led development to manufacturing and services sector let growth Bangladesh has recently celebrated 50 years of its independence in 2021. The country crafted vision-2021 in order to mark the celebration which is mainly focused to achieve the middle Income country (MIC) status by the  timeline. With a view to reaching the cherished and desire vision, the country formulated long term perspective plan 2021-2041. The world bank classifies economic status of countries as: low income, lower middle income, upper middle income and high income countries. According to the method of measuring the sta...