Economy of BangladeshChapter-1: Introduction Introduction The Economy of Bangladesh is a developing country that is classified as a Next Eleven emergingmarketandoneoftherontierive!"ccording to arecentopinion poll#Bangladeshhasthesecond most pro-capitalist population in the developing $orld!%1&'Bet$een())*and()1*# Bangladeshaverageda+,-gro$thrateof./! Theeconomyisincreasinglyled0yexport-orientedindustriali1ation! TheBangladeshtextileindustryis thesecond-largest in the $orld! 2ther key sectors include pharmaceuticals#ship0uilding# ceramics#leathergoods andelectronics! Beingsituatedinone of the most fertile regions onEarth#agricultureplaysacrucial role# $ith theprincipal cash crops includingrice#3ute#tea#$heat#cottonandsugarcane! Bangladeshranks fifthintheglo0al productionoffishandseafood!4emittances from the Bangladeshi diaspora provide vital foreign exchange!The Bangladesh telecomsindustry has $itnessed rapid gro$th over the years and is dominated0y foreign investors! The government has emphasi1ed the development of soft$are services andhi-tech industries under the Digital Bangladeshscheme! Bangladesh has su0stantial reserves ofnatural gasand coal5 and many international energy companies are involved in production andexplorationactivities# includingintheBayofBengal! 4egional neigh0oursarekeentouseBangladeshi ports and rail$ays fortranshipment! 6ocated at the crossroads of7""4C#BI87TEC# the "7E"N9:and the Indian 2cean# Bangladesh has the potential to emerge as aregional logistics hu0!In ()1 per-capita income stood at ;7, 1#:1*!%1.'