There is no denying that in recent decades, the Micro, Small and Medium and Cottage Enterprises (MSMEs and cottage) sector has been thriving in Bangladesh, both in terms of its contribution to GDP as well as employment generation.
One of the most important indicators of the labour market is the participation rate
Given the challenges that our economy is going through, the government needs to prioritise its development targets.
With the soaring inflation rate in recent times, the importance of effective public food distribution cannot be emphasised enough.
One significant dimension that has emerged in Bangladesh in recent decades is the expansion of small and medium enterprises (SMEs).
One could say the success story of Bangladesh’s economic development has been spectacular.
Both global and local macro-challenges can have serious implications for the people of Bangladesh
Delays and lack of quality control are a major concern when it comes to development projects.
In the context of a developing country like Bangladesh, migration and resulting remittances can have crucial implications for its growth and development. Overseas migration has been working as a key means of providing employment opportunities for the growing labour force, with the remittances sent by the migrants contributing at both the macro and micro levels.
Despite signs of recovery in the economy, there is no denying the fact that the impact of Covid-19 on the labour market can be far reaching.
There is no denying the fact that over time, Bangladesh has performed quite impressively in terms of alleviating poverty.
The year 2020 has been an unprecedented one for most of the countries of the world with Covid-19 costing lives and affecting economic activities severely.
Despite showing signs of recovery, there is no denying the fact that the Covid-19 outbreak has resulted in a strong dent on the country’s development efforts.