Among the major aims of economic policy for Bangladesh, economic growth has a high priority. Reaching the Gross Domestic Product (GDP) growth target has led to increased industrialisation and initiation of a number of mega-projects all at more or less the same time. Additionally, a growing populati

The rising demand for vegetables led to a rise in price, which allowed farmers to get higher returns, compared to low-incentive rice. Rise in profitability contributed to the boom. The United Nations Food and Agricultural Organisation (FAO) credited Bangladesh for posting the highest year-on-year i

With its developing economy, Bangladesh is heavily reliant on its agricultural sector. In the old days, the sector was major employer, income generator, and importantly the largest contributor to the GDP. However, since the late 1970s, its share has been declining, which currently stands at some 17

The concept of terms of trade is important for an open economy. This is so because it can be seen as an indicator of the health for an open economy. So, a relevant question is: what is terms of trade? To put it simply, a nation's terms of trade refers to the relative price of exports to its