Relationship between RMG Export growth and GDP of Bangladesh

Karakul Hosing, Professor of the Department of Finance, University of Dacha for his constant supervision, moral support, valuable instruction, & helpful advice during the course of studies & research work. Finally, I am deeply indebted to my family, teachers, & friends whose invaluable support & encouragement have done much to make this report a successful one. Description ARM Redeemed garments Export A function of international trade whereby goods produced in one country is shipped to another country for future sale or trade.

GAP The monetary value of all the finished goods and services produced within a country’s borders in a specific period, though GAP is usually calculated on an annual basis. It includes all of private and public consumption, government outlays, investments, and exports less imports that occur within a defined territory. PEP Exports Promotion Burro Qualitative control Acceptance sampling, can be used when a decision must be made to accept or reject a group of parts or items based on the quality found in a sample. Net Exports (NIX) The value of a country’s total exports minus the value of its total imports.

It is used to calculate a country’s aggregate expenditures, or GAP, in an open economy variable A variable is any characteristics, number, or quantity that can be measured or counted. A variable may also be called a data item LAST Lot Quality Assessment Technique Work schedule A work schedule includes the days of the week and times of the day a particular employee is scheduled to work of a research or project. A nation could accelerate the rate of economic growth by promoting exports of goods and services. Remittance plays a vital role to economic development of that country.

At present, Bangladesh is a good amount of remittance from export of ARM from 1970. By PAYOFF, within a p of about two decades exports have gone up to USED 4. 5 billion. Over the past decade alone, the sector registered a phenomenal growth rate of 15 percent per annum, which is impressive. In fact, this was an exceptionally high growth rate for an emerging industry anywhere in the world. The industrial base, which sustained such high growths, also enjoyed a robust expansion, from less than 50 factories in 1983 to more than 3,400 in 2002, with the number of ARM workers reaching approximately 1. Million. Trend of period average simple growth rate of total export of Bangladesh is almost similar in two periods; 1980-90 and 1991-2004. During the whole period under consideration ready-made garments, (ARM) exports contribute lion’s share (around 75 percent). For ARM export as a whole, the average annual growth rate is much higher (95. 2 percent) during the first period. Of the ARM export, the average annual Roth rate of knitwear export is much higher (74. 0 percent) during the last period as compared to woven wear.

Working adolescent girls tend to avoid early marriage as they have their own source of income and are self-dependent. The mean age at marriage for girls working in ARM, factories tend to be higher than the national average. Employment opportunities especially for women created positive impact on family planning and population control in the country. Independent working-women are getting more conscious about the advantage of a small family, and are exposed to modern family planning methods.

Nevertheless, repeatedly times the magnitude of its multiplier impact and implications will Justify the support that this sector has been given over the past years and the support it is currently seeking from the government. In PAYOFF Bangladesh exported ARM products worth 4. 5 billion US dollars. Her share in total US imports of apparels was 3. 2%; in EX. it was 3. 3% and in Canada it was 3. 0%. Bangladesh is known in these countries as a small country with a strong presence. This research proposal attempts to qualify the inter-relationship between Export growths of ARM and GAP of Bangladesh.