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2016 | 20 | nr 4 | 49--55
Tytuł artykułu

Structure and Future Development of the Service Sector in Bangladesh

Autorzy
Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
Over the last four decades, Bangladesh has experienced significant structural changes in the economy. Contributions of industry and service sectors have expanded, while contribution of agricultural sector to GDP and employment has immensely decreased. Nowadays, agriculture fails to attract people due to the less profitability nature of agriculture. On the other side, jobs in service and industry are seems more lucrative and profitable to them. Generally, economic growth of the country is represented by flourishing industry and service sectors. Among the sub-sectors, expansion of 'wholesale & retail trade', 'transport, storage and communication', and 'financial intermediations' are mainly contributed the overall expansion of service sector in the economy. Household's participation in service sector has also increased day by day, which indicate the expansion of employment of this sector. It is projected that this trend will also continue in future and households will be more interested to participate in service sector than industry sector.(author's abstract)
Słowa kluczowe
Rocznik
Tom
20
Numer
Strony
49--55
Opis fizyczny
Twórcy
  • Bangladesh Agricultural University, BANGLADESH
Bibliografia
  • BBS (2010). Labor Force Survey. Bangladesh Bureau of statistics, Statistics Division. Ministry of Planning, Government of the Peoples Republic of Bangladesh, Dhaka, Bangladesh.
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  • BER (2014). Bangladesh Economic Review. Government of the People's Republic of Bangladesh. Ministry of Finance, Dhaka, Bangladesh.
  • CUTS (2008). Evolution of Service Sector in Bangladesh: An Overview. Available at: http:// www.cuts-citee.org/pdf/Briefing_Paper08- Evolution_of_Service_Sector_in_Bangladesh. pdf.pdf (6.08.2016).
  • FYP (2015). Seventh five year plan FY2016-FY2020. Accelerating Growth, Empowering Citizens. Final Draft. General Economics Division (GED). Planning Commission, Government of the People's Republic of Bangladesh.
  • Hossain, M. & Bayes, A. (2009). Rural Economy and Livelihoods Insights from Bangladesh. A H Development Publishing House, Dhaka, Bangladesh.
  • Islam, M.S., Musa, M. & Das, R.K. (2012). The Comparative Growth of Service Sectors in Bangladesh. Research Journal of Finance and Accounting, 3 (5), 178-186.
  • Kalirajan, K. & Singh, K. (2013). Understanding sectoral economic growth in India: The potential for services. Institutions and Economics, 5, 91-112.
  • Mukhopadhyaya, S. (2002). Globalisation and Indian Services Sector. Economic and Political Weekly, 38 (40), 4097-4098.
  • Raihan, D.S. (2013). Trade and employment in information technology (IT) services in Bangladesh. Available at: http://www.ilo.org/ wcmsp5/groups/public/---asia/---ro-bangkok/---ilo-dhaka/documents/briefingnote/wcms_203521.pdf (6.08.2016).
  • Rostow, W.W. (1960). The Stages of Economic Growth: A Non-Communist Manifesto. Cambridge University Press.
  • Stokes, J.R. (2006). Entry, exit, and structural change in Pennsylvania's dairy sector. Agricultural and Resource Economics Review, 35, 357-373.
  • UNCTAD (2015). Trade in services: Bangladesh context. Multi-year expert meeting on trade, service and development. Available at: http://unctad.org/meetings/en/Presentation/ c1mem3_2015_p15_Ahmed_en.pdf (2.08.2016).
  • Wikipedia, (2016). Tertiary sector of the economy. The free encyclopedia. Available at: https://en.wikipedia.org/wiki/Tertiary_sector_ of_the_economy (2.08.2016).
  • Zimmermann, A. & Heckelei, T. (2012a). Differences of farm structural change across European regions. Discussion Paper 2012:4, Agricultural and Resource Economics, University of Bonn, Germany.
Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171512250

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