In this paper, the sector of production of goods and services and sectoral advantage
in productivity including export and import are discussed. Problem and prospects
are also described to determine the constraint to development. The importance of
export of Ready-Made Garments (RMG) and Man Power in particular and their
prospects are high-lighted. According to wkipedia, the economy of Bangladesh is a
rapidly developing market-based economy. Its per capita income in 2010 was
estimated at US$1,700 (adjusted by purchasing power parity). According to the
International Monetary Fund (IMF), Bangladesh ranked as the 43 rd largest
economy in the world (2010) in PPP terms and 57 th largest in nominal terms,
among the Next Eleven or N-11 of Goldman Sachs and D-8 economies with a
gross domestic product of US$269.3 billion in PPP terms and US$104.9 billion in
nominal terms. The economy has been growning at the rate of 6-7% per annum
over the past few years. More than half of the GDP is generated by the service
sector. Nearly about 45% of Bangladeshis are employed in the agriculture sector.
Other goods produced are textiles, jute, fish, vegetables, fruit, leather and leather
goods, ceramics and ready made goods including Ready Made Garments (RMG)
etc..
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