Tuesday, September 10, 2013

Up on the competitive index

WITH all the things Bangladesh might be doing wrong, one cannot deny that there a few things we are doing right. Bangladesh moving eight notches up in the Global Competitiveness Index (GCI) is a clear indication of that.
Improvement in two key areas—macro-economic management and infrastructure—helped Bangladesh make progress in the index for 2013-14, according to the Global Competitiveness Report (GCR) to be released by the Centre for Policy Dialogue in Bangladesh.
With the political unrest in Bangladesh for most of 2013 the infrastructure, and economy were both obviously affected. But it is commendable that given those factors Bangladesh still rose up from 118th to 108th place in the GCI.
This goes to show that given a productive and progressive environment Bangladesh can improve in all sides, let it be economy, policy or climate change mitigation.
GCI reported, corruption, inadequate supply of infrastructure, access of financing to poor work ethics and unstable policy to be the main problems of doing business with Bangladesh. As there are no wild cards here and these are the same problems experts in Bangladesh would identify as key issues in our country we hope that our government and people are paying attention to these factors and taking small and big actions for change.
The progress of Bangladesh is for everyone, it does not leave out any community or background. So we hope we can think for the greater good and keep moving forward.

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