Quarterly Economic Update - Bangladesh
Asian Development Bank | December 2006
Abstract
Given the huge global demand for information technology outsourcing services, Bangladesh is missing out on reaping large profits. The information technology industry of Bangladesh is yet to be well-known internationally and software exports are limited. Although many firms can provide quality services at lower cost, they still lack adequate international exposure. To improve this situation, export promotion should be a major goal of the industry. Carrying out the software development process should not be a difficult task for Bangladeshi companies as long as they can adapt a software process model, which remains the major impediment to getting CMM level-3 certification to enable them to become reputable companies in the global marketplace. Bangladesh must address the bottlenecks to the expansion of ICT as a part of a broad-based reform agenda. This includes addressing illiteracy, infrastructure problems, poorly trained information technology professionals, and weak marketing networks. With constraints removed and firms placed on a sustainable self-development path, the information technology industry can open new doors of opportunity for Bangladesh
Citation
Asian Development Bank. 2006. Quarterly Economic Update - Bangladesh. © Asian Development Bank. http://hdl.handle.net/11540/4947. License: CC BY 3.0 IGO.Keywords
Comprehensive Development Framework
Development Challenges
Development Planning
Millennium Development Goals
Policy Development
Program Evaluation
Performance Evaluation
Evaluation Criteria
Capital Market Development
Development Economics
Financial Sector Development
Technology Development
World Development Indicators
Evaluation Methods
Development assistance
ADB
Curriculum development
Development assistance
Development aid
Development indicators
Development potential
Development models
Project appraisal
Performance appraisal
Economic development
Economic indicators
Government programs
Economic growth
Economic policy
Industrial development
Industrial policy
Technology assessment
Economic evaluation
Economic forecast
Input output analysis
Communication in rural development
Communication in community development
Infrastructure
Central planning
Endowment of research
Partnership
Joint venture
Nation-building
Risk assessment
Economic development projects
Economic forecasting
Industrial research
Participatory monitoring and evaluation
Economic policy
Economic forecasting
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